Dubai Set to Welcome Newest EDITION

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Marriott International, Inc. Dubai Welcomes Newest Edition 1(NASDAQ: MAR) together with Ian Schrager and Dubai Properties, today announced plans for a second EDITION hotel in the United Arab Emirates set for Dubai. Scheduled to open in 2018, the new hotel will follow the expected 2016 debut of the Emirate’s first EDITION property located in Abu Dhabi. EDITION, the first true luxury-lifestyle brand, combines the personal, intimate, individualized and unique hotel experience that Ian Schrager is known for, with the global reach, operational expertise and scale of Marriott International. Marriott International will manage the hotel under a long-term agreement.

The 258-room hotel will occupy a strategic beach front location on Jumeirah Beach Residence (JBR), providing easy access to leisure, retail, and entertainment and dining outlets on the 1.7 km-long promenade – The Walk at JBR, also developed by Dubai Properties. Expected to open in the first quarter of 2018, the new hotel will boast of multiple food and beverage outlets as well as business and leisure facilities including a spa, a beach club, meeting and special event space and a fully equipped business center. When opened, the project is poised to join the growing portfolio of Dubai Properties offerings within the hospitality sector.

“Dubai remains one of the most important and vibrant destinations in the world, where we are delighted to announce our second EDITION hotel to open in the Middle East,” said Alex Kyriakidis, president for Marriott International in the Middle East and Africa. “Following the iconic openings of London, Miami Beach and New York City, we couldn’t be more excited about the potential for this brand in the region,” said Mr. Kyriakidis. “Dubai Properties is an ideal partner for a project of this magnitude and we are thrilled to be working together,” said Mr. Kyriakidis.

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