WASHINGTON, D.C. (Dec. 17, 1997) -- Marriott
International, Inc. (MAR/NYSE) today announced
it will manage a 300-room luxury resort in Coronado, Calif., formerly a Le Meridien resort, as a
Marriott resort property. The announcement was made following the acquisition of the property
by Host Marriott Corporation. The property will be renamed Coronado Island Marriott Resort. The
harbor-front resort, located at 2000 Second Street, opened in 1988.
"We are very pleased to add the four-diamond,
four-star resort on the Coronado peninsula to
Marriott's resort portfolio," said William R. Tiefel, president of Marriott Lodging. "The new
Coronado Island resort joins a select collection of 42 Marriott resorts around the world. The resort
expands Marriott's presence in the San Diego area to nine properties including four full-service,
two Residence Inn and two Courtyard hotels."
Initial renovations include the refurbishment
of guestrooms, corridors and all meeting space. The
Coronado Island Marriott Resort will feature:
Each of the spacious guestrooms offers an outdoor
terrace, mini bar, two telephones and fully
equipped vanity area.
"We welcome the Coronado Island Marriott Resort
to our system," commented Ray Warren, San
Diego market manager and the general manager of the San Diego Marriott Hotel and Marina. "It is
a luxurious complement to Marriott's presence of more than 3,800 rooms in the area."
Jim Burns, former resident manager of the San
Diego Marriott Hotel and Marina, was named
general manager of the new Marriott resort. He assumes the top management role immediately to
oversee the property's transition process. "It is Marriott's intention to retain the hourly associates
of the hotel," Burns stated. "As is customary in hotel conversions, Marriott will retain some of the
management staff and supplement it with additional Marriott hotel management employees."
The Coronado Island Marriott Resort will be
the 33rd domestic Marriott resort and the fourth
resort in California.
Marriott International, Inc. is the world's
leading hospitality company, with over
4,900 operating units in the United States and 53 other countries and territories. Major
businesses include hotels operated and franchised under the Marriott, Ritz-Carlton, Courtyard,
Residence Inn, Fairfield, TownePlace Suites, Executive Residences, Renaissance, New World
and Ramada International brands; vacation ownership (timeshare) resorts operated under
Marriott Vacation Club International; conference centers; food service and facilities
management for clients in business, education and health care; senior living communities and
services; and food service distribution. The company is headquartered in Washington, D.C. and
has approximately 230,000 employees. In fiscal year 1996, Marriott International reported total
sales of $10.2 billion.