SINGAPORE, June 29, 2016 – Marriott International, Inc. (NASDAQ: MAR) and South Beach Consortium Pte. Ltd. (a joint venture between City Developments Limited (CDL) and IOI Properties Group Berhad) today announced that The South Beach hotel, a 634-room luxury property designed by the renowned Philippe Starck, located on Beach Road and adjacent to Suntec Singapore Convention & Exhibition Centre, will become JW Marriott Hotel Singapore South Beach, offering the warm authentic service and crafted culinary experiences that the JW Marriott brand is known for.

In addition, Ian Schrager together with Marriott and Granmil Holdings Pte. Ltd. (a joint venture by Hong Leong Holdings, CDL and Lea Investments) also announced the introduction of The Singapore EDITION, the first to the city. The 8-storey boutique hotel, with 190 rooms, will be located on the former Boulevard Hotel site on Orchard Boulevard and Cuscaden Road. EDITION is the first true international luxury-lifestyle brand which combines the personal, intimate, individualized and unique hotel experience that Ian Schrager, the internationally recognized American visionary hotelier, is known for, with the reach, operational expertise and global scale of Marriott International. The property will mark the fifth city in the Asia Pacific market to welcome this one-of-a-kind brand of 5-star hotels.

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