JHM Hotels (India) & Marriott International Executes Franchise Agreement to Develop Fairfield by Marriott in India

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New Hotel Prototype Specifically Designed for the Indian Market

JHM Hotels India to Develop Fairfield by Marriott in India

JHM Hotels India to Develop Fairfield by Marriott in India

We feel the Fairfield brand is a perfect fit for this location and that JHM Hotels are the ideal partners to be working with on this project.

Simon Cooper, president and managing director, Marriott International Asia Pacific

US-based company, JHM Hotels, created another successful venture with the signing of the franchise agreement between its Indian subsidiary, GJHM Hotels Private Ltd and Marriott International to develop the Fairfield by Marriott in Surat, Gujarat.

Commenting on the signing, Suresh Mathur, Chief Operating Officer of JHM Hotels (India), said: “It was a great way to end 2012. We are extremely excited with this accomplishment as this is the first franchise agreement signed by Marriott International in India within its current pipeline of development in the country.”

The proposed hotel will feature 150-guestrooms and suites; a three-meal restaurant; a business center; a gym, and a 3,000 sq ft banquet hall with extensive landscaped gardens. It will be located on the 120-acres campus of Auro University in Surat. Auro University is sponsored by the Rama Family and JHM Hotels. The University opened in 2011 and offers programs in Hospitality Management, Information Technology, and Law. The hotel will provide students at Auro University the opportunity for on-the-job training in real time during their study at Auro University.

Mr. HP Rama, Chairman, JHM Hotels and Chancellor of Auro University said, “It is our vision to make Auro University the Premier University of Integral and Transformational Learning for Future Leaders. We stand committed to being the ‘University of Tomorrow’ where we are the top choice for India’s leading students, faculty, researchers, academics and employers. The proposed hotel is another step in our commitment to provide our students best-in-class infrastructure.”

Commenting on the signing the franchise agreement, Simon Cooper, president and managing director, Marriott International Asia Pacific said, “At Marriott, we have done extensive work to develop a prototype specifically for the Indian market. Surat is among the key emerging cities in India and we are delighted to partner with JHM Hotels for this project. We feel the Fairfield brand is a perfect fit for this location and that JHM Hotels are the ideal partners to be working with on this project.”

Construction of the hotel is proposed to commence in quarter two this year. The hotel will be managed by JHM Interstate Hotels, India, a joint venture between JHM Hotels and Interstate Hotels & Resorts, a leading U.S.-based global hotel management company.
“As the hotel industry seeks to satisfy the fast-growing demand for quality lodging from international and domestic travelers, we are committed to delivering world-class operations through our dedicated management platform in India,” said Jim Abrahamson, Interstate Hotels & Resorts’ chief executive officer. “In addition, we will continue to support JHM Hotels’ endeavors to provide quality training of future hospitality professionals to lead this market.”

President of JHM Hotels, D.J. Rama says, "We look forward to launching the Fairfield by Marriott brand in our home state of Gujarat from which our family migrated to the U.S." We are thankful to Marriott for trusting us as their first franchisee in India.”

About JHM Hotels: JHM Hotels, a premier lodging company, based in Greenville SC, has developed, acquired, owned, and operated hotels throughout the United States for 37 years. The company currently owns and operates 42 hotels with over 7200 guest rooms, located in the United States and India, operating under such well-known brands as Hyatt, Marriott, Hilton and Starwood. For more information, visit our web site at http://www.jhmhotels.com.

Marriott International, Inc. (NYSE: MAR) is a leading lodging company based in Bethesda, Maryland, USA with more than 3,700 properties in 74 countries and territories and reported revenues of over $12 billion in fiscal year 2011. The company operates and franchises hotels and licenses vacation ownership resorts under 18 brands, including Marriott Hotels & Resorts, The Ritz-Carlton, JW Marriott, Bulgari, EDITION, Renaissance, Gaylord Hotels, Autograph Collection, AC Hotels by Marriott, Courtyard, Fairfield Inn & Suites, SpringHill Suites, Residence Inn, TownePlace Suites, Marriott Executive Apartments, Marriott Vacation Club, Grand Residences by Marriott, and The Ritz-Carlton Destination Club. There are approximately 300,000 employees at headquarters, managed and franchised properties. Marriott is consistently recognized as a top employer and for its superior business operations, which it conducts based on five core values: put people first, pursue excellence, embrace change, act with integrity, and serve our world. For more information or reservations, please visit our website at http://www.marriott.com, and for the latest company news, visit http://www.marriottnewscenter.com.

Fairfield by Marriott is designed for today’s traveler who is looking to be productive on the road, whether for business or leisure. Fairfield offers thoughtfully designed rooms and suites that provide separate living, working and sleeping areas. With more than 675 properties throughout the United States, Canada and Mexico, Fairfield participates 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 http://www.fairfieldinn.com or become a fan at http://www.facebook.com/fairfieldinnandsuites.

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