LAS VEGAS, Nev., (July 13, 2004) � Marriott
Vacation Club International (MVCI), the vacation ownership division of
Marriott International Inc. (NYSE:MAR) announced today the start of sales
and construction for its first resort in Nevada. Overlooking the world-famous
Las Vegas strip, Marriott�s Grand Chateau ( 75 East Harmon) will include
888 one-, two- and three-bedroom villas in four connected 38-story towers.
Opening prices range from $10,140 to $29,900 per week of deeded ownership,
depending on villa type and season purchased. Initial occupancy is slated
for October 2005.
| �In our ongoing commitment to provide
world-class resort options for our vacation owners, we are thrilled to
add this vibrant destination to our global resort portfolio,� said Stephen
P. Weisz, president of Marriott Vacation Club International. �Las Vegas
is truly like no place else on earth. Located in the heart of the Las Vegas
strip, Marriott's Grand Chateau offers outstanding access to every imaginable
shopping, entertainment and activity that vacationers here are looking
for.�
With designs inspired by the celebrated estates of the French |
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country, Marriott�s Grand Chateau will offer vacation owners and guests
spectacular views of either the Las Vegas strip or the mountain ranges
that bring life to the Nevada landscape. Villas range from 823 to 2,171
square feet of living space, comfortably accommodating up to twelve guests
in the three-bedroom floor plan. With the comfortable home, away from home,
each spacious villa will include a fully equipped kitchen, separate living
and dining areas and convenient washer and dryer. Exceptional quality touches
can be seen throughout, such as granite countertops, ceramic tile, multiple
televisions including a 42� Plasma Display Television, DVD and stereo in
the living room, and a deep soaking tub and oversized shower with dual
shower heads in the master bath.
Additionally, owners can enjoy a host of proposed resort features, including:
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Prime location at the heart of Las Vegas Boulevard, offering access to
all the excitement the city has to offer
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Full concierge services
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Valet parking
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Rooftop pool with pool bar and whirlpool spa
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Kids� activity center
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Fitness center
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Convenience store
Las Vegas draws more than 35 million visitors each year, with repeat visitation
exceeding 80 percent. The town�s exceptional energy, fast-paced atmosphere
and sheer mystique have made Las Vegas a thriving vacation destination
and year-round playground for kids of all ages. Las Vegas puts the best
of both worlds at the fingertips of its visitors. Guests can spend time
in some of the world�s most famous gaming facilities, take day trips to
see the magnificent Grand Canyon or Hoover Dam and sample the lively nightlife
at countless restaurants and unforgettable shows. If a day of relaxation
is in order, vacationers can stroll leisurely through the extravagant hotels
that line Las Vegas Boulevard, spend the day shopping at premium retail
stores or play a leisurely round of golf. For those flying into the area,
the resort is a 10-minute drive from McCarran International Airport.
Marriott Vacation Club International is the recognized worldwide leader
in vacation ownership with a program highly regarded for its quality and
unique flexibility. In 1984, Marriott became the first branded hospitality
company by nearly a decade to enter the timeshare industry. Now celebrating
20 years of making vacation dreams come true for its owners and guests,
MVCI continues to expand with a diverse portfolio of 6,500 timeshare resort
villas throughout the U.S., Caribbean, Europe and Asia.
MARRIOTT INTERNATIONAL, INC. (NYSE:MAR) is a leading worldwide hospitality
company with over 2,700 lodging properties in the United States and 67
other countries and territories. |
