Marriott International, Inc. (NASDAQ: MAR) has signed an agreement with GNV Group to bring its iconic W Hotels Worldwide brand to Argentina for the first time in dynamic Buenos Aires, underscoring growing demand from developers and consumers alike for W Hotels’ bold design, signature Whatever/Whenever® service and innovative programming. The hotel – expected to open in 2024 – and its planned residences will be located within a $100 million, 34-story, mixed-use tower poised to rise in the heart of the captivating Puerto Madero neighborhood, the ideal location for the brand’s passion for what’s new/next.

“We are thrilled to be working with GNV Group to bring the inimitable W experience to the highly desirable Madero Harbour development, as Puerto Madero is one of Buenos Aires’ most sought-after neighborhoods,” said Laurent de Kousemaeker, Chief Development Officer, Marriott International, Caribbean & Latin America. “Puerto Madero is poised to become one of Latin America’s coveted luxury destinations, as residential, office, and retail entities thrive within its chic, bohemian vibe, surrounded by high-energy nightlife, lush green spaces, and perfect walkability.”

W Buenos Aires will be designed by internationally renowned architect Carlos Ott and the local studio BMA, drawing upon the city’s culture, heritage and devotion to forward-thinking design and growth. A lively mix of meeting space, restaurants and a rooftop bar with sweeping views of the city will be the backdrop to the hotel’s anticipated 150 rooms.

“Buenos Aires is a city that never sleeps and – like the W brand – is bursting with creative energy,” said Ivan Ginevra, Vice President of GNV Group. “The combination of the city’s phenomenal nightlife, rich and stunning architecture and cultural heritage make it one of the world´s most inspiring and passionate capitals – and perfect for W guests, who live on the pulse, and who seek the unexpected.”

“We are very proud to be chosen by Marriott International to partner on this amazing project. It will alter the Buenos Aires skyline, and help make Puerto Madero the coolest spot in the city,” said Alejandro Ginevra, President, GNV Group.

Buenos Aires is known for its sense of limitless energy, and for attracting creativity, with many designers, makers, and innovators flocking to its European-style streets and absorbing its rich history, culture, and architecture.

W Buenos Aires will join the brand’s robust portfolio of W hotels in Central and South America, including W Bogota, W Costa Rica, W Mexico City, W Panama, W Punta de Mita and W Santiago.

About Madero Harbour

Based in the exclusive Dock 1 of Puerto Madero, Madero Harbour is a mixed-use real estate development that privileges space, time and the pleasures of life. Through residential, commercial and office buildings, the project offers the opportunity of living, working, walking, shopping and enjoying at one same place.  Each space was designed to dialogue with the rest of the complex, providing a unique experience for people. Currently the development counts with 4 World Trade Center office buildings of 20 and 7 floors, 2 exclusive residential buildings called Harbour Residences and Harbour House, a 52 high rise luxury tower called Harbour Tower which is under construction, in addition with swimming pools, green areas, a heliport, underground parking with a capacity of 850 garages, and the only existing Supermarket in Puerto Madero. The incorporation of a luxury shopping center, premium cinemas, luxury hotel, gastronomic center, as well as new offices and residential buildings are already planned.