Close

Cart

Total $0.00

Checkout

Files Amended Complaint Seeking Additional Damages in Pending Litigation

MIAMI BEACH, Fla., June 13, 2013 -- Renaissance Hotels, a division of Marriott International, Inc. (NYSE: MAR), will cease managing The Eden Roc Renaissance Miami Beach Hotel as of July 11, Marriott announced today. The owner of the property has engaged a new management company. In connection with its departure, Marriott also said that it has filed an Amended Complaint in the pending litigation against the owner, seeking millions of dollars in breach of contract damages. The management agreement permits Renaissance to operate the hotel until the year 2055.

 

The Renaissance hotel brand has successfully operated the Eden Roc Hotel under a long-term management agreement with Eden Roc, LLLP, which is controlled by Key International, since 2005 and contributed financially to its extensive renovations. During this period, Eden Roc became fully integrated into the global Renaissance Hotels lifestyle brand portfolio.

Marriott International continues to operate and franchise more than 30 hotels across nine brands in the greater Miami area and is committed to Miami as a community and a prime global destination.  

About Marriott International

Visit Marriott International, Inc. (NYSE: MAR) for company information. For more information or reservations, please visit our web site at

www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.

Related News

Christian Metzner Appointed General Manager of W Kuala Lumpur

Marriott International Launches Tahseen Hospitality Training Program in Partnership With Helwan University and PDF

Marriott Signs and Capital Alliance Partner to Debut AC Hotel Brand in Australia With 2020 Opening of AC Hotel by Marriott Melbourne Southbank

Owned and Managed by CN Hotels, TownePlace Suites by Marriott Opens in Charleston, South Carolina

Twelfth Avenue Realty Holdings to Debut W Hotels Brand in Music City With 2020 Opening of W Nashville

HP Hotels Opens 96-Room Fairfield Inn & Suites by Marriott in Columbus, Indiana

Owned and Managed by MCR Development, Courtyard by Marriott Dulles Airport Herndon Opens in Herndon, Virginia

Hawkeye Hotels Set to Break Ground on Marriott Moxy in City of Omaha’s Old Market Entertainment District

Marriott, AccorHotels and IHG Top Asia Pacific Construction Pipeline, Excluding China

Stonebridge Companies Set to Open Courtyard by Marriott Denver Airport at Gateway Park

Owned by Westlakes Lodging and Managed by Gulph Creek Hotels, Fairfield Inn & Suites by Marriott Opens in Berwyn, Pennsylvania

Marriott International Unveils Transformation Vision for Sheraton Hotels and Resorts

Fairfield Inn & Suites by Marriott Opens in Melbourne, Florida Led by General Manager Kevin Arcieri

Owned and Managed by Sunridge Hotel Group, New Residence Inn by Marriott Set to Open in Provo, Utah

General Manager Edmond Martinez Welcomes Guests to New 100-Suite Residence Inn by Marriott in Denver, Colorado

Marriott and Simon Expand Relationship With Plans to Open at Least Five Additional Hotels at Simon Shopping Centers

Summer In The City: Marriott International Study Finds Cities Top the List for Vacation Plans

Lingerfelt CommonWealth Partners to Purchase and Rebrand Virginia Beach Resort Hotel & Conference Center With $44 Million Capital Investment

Owned and Managed by Daly Hotel Management, New Fairfield Inn & Suites by Marriott Opens  in Athens, Tennessee

Marriott Leads All Franchise Companies for Largest U.S. Construction Pipeline

All News »

Please login or register to post a comment.