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Marriott International Continues Expansion in Pakistan

with Signing of Lahore Marriott Hotel

The 300-room hotel marks the brand’s third hotel in the country

Lahore, Pakistan, January 17, 2018 –Marriott International, Inc. (NASDAQ: MAR) today announced an agreement with Maverick International Private Limited (an associate of Maverick Hotels, Inc. of USA) to open a 300-room Marriott Hotel in Lahore. Scheduled to open in 2023, Lahore Marriott Hotel will be built on a 46,000 sqf site in the new downtown area of Gulberg in Lahore.

Commenting on the signing, Alex Kyriakidis, President and Managing Director, Middle East & Africa, Marriott International said: “We are delighted to work with Maverick International to open the Lahore Marriott Hotel. We continue to see a demand for our brands in Pakistan and are excited to announce our third property in the country under our flagship brand, Marriott Hotels. The site is an ideal location for our first Marriott Hotel in Lahore as it offers a convenient location with outstanding accessibility to key commercial, cultural and historical attractions in the city.”

Haroon Khawaja, President and CEO of Maverick International Private Limited, was pleased to welcome the Marriott Hotels brand to Lahore. “With a rapidly expanding portfolio of major hotels in USA and Pakistan, Maverick International is excited at the opportunity of bringing a true internationally branded five star hotel to the second largest city of Pakistan,” said Khawaja.

Lahore Marriott Hotel will feature 300 well-appointed guestrooms, including 40 suites, and comprise five food and beverage outlets, including three specialty restaurants. The hotel will also offer a fitness center, spa and ultra-modern meeting facilities including a 1,161 square-meter ballroom, seven meeting rooms and four boardrooms.

The capital of the province of Punjab, Lahore is known as the “heart of Pakistan”. It is strategically located as a key trade route that links South Asia to West and Central Asia. The city is also home to the recently renovated Allama Iqbal International Airport – one of the country’s largest and busiest airports.


Haroon Khawaja, President and CEO, Maverick International Private Limited and Alex Kyriakidis, President and Managing Director, Middle East & Africa, Marriott International at the Signing Ceremony of Lahore Marriott Hotel

Haroon Khawaja, President and CEO, Maverick International Private Limited, Alex Kyriakidis, President and Managing Director, Middle East & Africa, Marriott International and other senior members at the Signing Ceremony of Lahore Marriott Hotel

About Marriott Hotels: With more than 500 hotels and resorts in over 50 countries around the world, Marriott Hotels is evolving travel through every aspect of the guest’s stay, enabling the next generation to Travel Brilliantly. The brand’s evolved experience now includes inventive, sophisticated spaces including a vibrant and inviting Greatroom, the exclusive M Club Lounge, collaborative meeting spaces and the Marriott Modern aesthetic guest room. All Marriott hotels participate in the award-winning Marriott Rewards frequent travel program that allows members to earn hotel points or airline miles for every dollar spent during each stay. For more information, visit www.MarriottHotels.com.

About Marriott International: Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 6,400 properties in 30 leading hotel brands spanning 126 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company also operates award-winning loyalty programs: Marriott Rewards®, which includes The Ritz-Carlton Rewards®, and Starwood Preferred Guest®. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us @marriottinternationalmea on Facebook and @MarriottIntlMEA on Twitter and Instagram.

 

June 2017: Maverick Hotels is pleased to announce opening of its new "Staybridge Suites" hotel at SeaWorld in Orlando, Florida, U.S.A.

 

The group is pleased to announce Hyde Park Serviced Residences (a luxury condominium facility) in Gulberg, Lahore. Construction started in first quarter of 2016. Click here for booking of units.

 

Maverick Hotels have signed up with Marriott International to develop a "Fairfield Inn and Suites" hotel in Tampa/Wesley Chapel, Florida. The project is expected to break ground in the first quarter of 2017 and is slated for opening in fall 2018.