HONG KONG, China ˇX June 1, 2007 ˇX Macao Studio City (MSC), one of Asia's first integrated leisure resort properties combining studios, retail, gaming, entertainment and world-class hotels, announced today that it has completed two sets of operating agreements with The Ritz-Carlton Hotel Company, L.L.C. and Marriott International to manage and operate two hotels. The hotel properties are tentatively named The Ritz-Carlton, Macao Studio City and The Macao Studio City Marriott Hotel.
The Ritz-Carlton will have approximately 256 guest rooms, while the Marriott hotel will have approximately 968 guest rooms. Combined, the rooms and their supporting facilities will occupy a gross floor area of approximately 1,280,000 square feet.
"Macao Studio City is delighted to welcome two of the world's most celebrated hotel brands to our complex. The Ritz-Carlton brand is representative of the hotels of the highest standards of luxury, while the Marriott brand is a deluxe, upscale performance-oriented brand that focuses on enabling the success of its guests," said Mr. David Friedman, co-chairman and co-chief executive officer of Macao Studio City.
"The Ritz-Carlton and the Marriott are key members of Macao Studio City," said Mr. Ambrose Cheung, co-chief executive officer of Macao Studio City. "They complement our vision of having only world-class operators to provide truly unique and memorable experiences for visitors in Macao."
Macao Studio City is being developed on an approximately 33-acre site strategically located "Where Cotai BeginsTM", next to the new Lotus Bridge immigration checkpoint, linking the complex directly to Zhuhai's Hengqin Island. When completed, Macao Studio City will boast some of the most comprehensive entertainment and retail facilities of any single property in Macao, with theaters, arenas, television and film production facilities, as well as a 1.4 million square feet Studio RetailTM complex ˇV created in partnership with Taubman Centers, Inc.
About Marriott International, Inc.
Marriott International, Inc. (NYSE: MAR) is a leading lodging company with nearly 2,900 lodging properties in the United States and 67 other countries and territories across 18 lodging and vacation resort ownership brands. The company is headquartered in Washington, D.C., and had approximately 151,000 employees at 2006 year-end. It is ranked as the lodging industry's most admired company and one of the best places to work for by FORTUNE(R). The company is also a 2006 U.S. Environmental Protection Agency (EPA) ENERGY STAR(R) Partner. In fiscal year 2006, Marriott International reported sales from continuing operations of $12.2 billion.
For more information or reservations, please visit our web site at www.marriott.com.
About The RitzˇVCarlton Hotel Company, L.L.C.
The Ritz-Carlton Hotel Company, L.L.C. of Chevy Chase, Md., (USA) currently operates 63 hotels in the Americas, Europe, Asia, the Middle East and Africa. Over 35 projects are currently underway with openings planned for China, Russia, Ireland, Dallas, and Denver in 2007. The Ritz-Carlton Hotel Company, L.L.C. is the only hospitality company to have twice earned the prestigious Malcolm Baldrige National Quality Award, which recognizes outstanding customer service.
For more information contact The Ritz-Carlton toll free reservations at 1 (800) 241-3333, your travel consultant or visit www.ritzcarlton.com.
