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EDITION Announces Eight Anticipated New Hotel Openings Across The Globe By The End Of 2022

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EDITION Hotels, part of Marriott International, announced plans to open eight new properties across three continents by the end of 2022. This expansion includes hotels in Rome, Madrid, Dubai, Reykjavik, Tampa, Doha, and Mexico's Riviera Maya, along with a second location in Tokyo. With this expansion, EDITION's portfolio will grow from 11 to 19 hotels globally. The new locations are set to reflect local cultures and include unique dining experiences, modern luxury services, and amenities.

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  • Portfolio expansion from 11 to 19 properties by end of 2022.
  • New hotels in major cities enhance global presence.
  • Unique design and culinary offerings tailored to each location.
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BETHESDA, Md., April 13, 2021 /PRNewswire/ -- EDITION Hotels today announced its further international expansion by the end of 2022, with the slated opening of eight new properties across three continents. The new openings include sites in Rome, Madrid, Dubai, Reykjavik, Tampa, Doha, Mexico's Riviera Maya at Kanai and EDITION's second property in Tokyo. With 11 hotels worldwide currently,  these planned openings underscore the brand's strong growth and will bring the portfolio to a total of 19 properties globally. In addition to these new properties, EDITION Hotels expects to announce further expansion later in 2022.

EDITION Hotels redefine the concept of luxury through offering an unexpected collection of one-of-a-kind hotels. Conceived by hotel visionary and cultural icon Ian Schrager and Marriott International, the brand also benefits from Marriott's global scale and operational expertise. The commitment to uncompromising quality, true originality and impeccable modern service continue to challenge traditional perceptions of luxury and entrench EDITION's position as an industry leader. Every EDITION hotel is unique, reflecting the social and cultural milieu of the time and place of its creation. Each new property is individually developed in collaboration with one of the world's most eminent designers chosen specifically for that location, and introduces original food and beverage concepts from internationally renowned chefs. The end result offers the best of dining and entertainment, modern luxury services and amenities "all under one roof."

"I've always been committed to being involved in special projects on a global scale that reach new heights. I'm thrilled to work together with Marriott, and the opportunity to see these hotels come to life across the world is a dream come true." Ian Schrager.

  • The Reykjavik EDITION – Mid 2021
  • The Tokyo EDITION, Ginza – Late 2021
  • The Rome EDITION – Late 2021
  • The Dubai EDITION – Late 2021
  • The Madrid EDITION – Early 2022
  • The Tampa EDITION – Early 2022
  • The Riviera Maya EDITION at Kanai – Mid 2022
  • The Doha EDITION – Late 2022

Please find further details on the properties and their scheduled opening dates below:

The Reykjavik EDITION
Launching mid 2021

The Reykjavik EDITION is anticipated to launch in summer 2021 in one of the world's most sustainable capitals. Located in the historical, scenic heart of downtown Reykjavik by Old Harbor port, the hotel is just steps away from  Laugavegur Street, the city's vibrant shopping district, and the Harpa Concert and Conference Center. The hotel is the perfect jumping off point for exploring the wonders of the region, with the renowned Blue Lagoon within driving distance and the Northern Lights visible in the city during the winter solstice.

Ian Schrager Company has collaborated with architects T.arch and designers Roman & Williams to introduce EDITION Hotels to Iceland. Poised to offer 253 guestrooms and suites, The Reykjavik EDITION will house a rooftop, nightlife, spacious meeting and event spaces (502 sqm/5,402 sqft) and a spa. In addition, the hotel is expected to offer guests and locals a diverse culinary offering with a signature restaurant, destination bar and a café.

The Tokyo EDITION, Ginza
Launching late 2021

Following the successful launch of the first Japanese EDITION hotel with The Tokyo EDITION, Toranomon in late 2020, the opening of the The Tokyo EDITION, Ginza will further strengthen the brand's position as one of the most exciting lifestyle pioneers in Asia. Slated to open in late 2021, The Tokyo EDITION, Ginza will be situated just off Chuo Street, one of the largest upscale entertainment and shopping destinations in the city.

The newly constructed property will include 86 guestrooms and suites, three incredible food and beverage destinations including rooftop bar, together with meeting studio and a state-of-the-art fitness center.

The Rome EDITION
Launching late 2021

Expected to open late in 2021, EDITION Hotels' first Italian property will feature 95 guest rooms and suites, including a Penthouse suite with a private 130 sqm (1,399 sqft) terrace. The Rome EDITION will offer uniquely designed food and beverage outlets, including a signature restaurant with outdoor dining space that will make locals and visitors fall in love with its cuisine and all that comes with it; a Punch Room Bar with exceptionally crafted cocktails; and a Rooftop Terrace where guests can have the choice of a seasonal bite, a drink overlooking the city, a private gathering with friends, or all of the above.  In addition to customizable indoor and outdoor event spaces, the hotel will also be home to a rooftop swimming pool, a very spacious hi-tech gym, and two treatment rooms including a couple-massage experience.   

With its central location a few steps from Via Veneto and Bernini's Tritone Fountain in Piazza Barberini, The Rome EDITION is within a short walk of all the best that the city has to offer, such as the Spanish Steps, Trevi Fountain, the Borghese Gardens and Gallery, and many other wonders that make Rome a must-see destination.  At the corner of modern luxury and history, the hotel is housed within a historical striking building designed by Cesare Pascoletti in collaboration with architect Marcello Piacentini, one of Italy's most famed architects of Rationalism in the early 20th century.

The Dubai EDITION
Launching late 2021

The anticipated opening of the The Dubai EDITION in late 2021 will mark a significant expansion for the brand into the Middle East's most popular travel destination. Situated in downtown Dubai, the hotel will be located in one of the city's most popular locations, opposite the world-famous Dubai Mall.

Designed with LW Design Group LLC, the hotel will feature 275 guestrooms and suites. The property will also be home to multiple food and beverage outlets, pool, spa and fitness center, in addition to dynamic events spaces boasting meeting rooms and a flexible ballroom.

The Madrid EDITION
Launching early 2022

The Madrid EDITION will showcase 200 beautifully appointed guestrooms and suites, some with terraces, and five unique food and beverage outlets including a signature restaurant, cocktail bar, Sky Bar and rooftop terrace, together with an outdoor pool, state-of-the-art fitness center and spa. Flexible studios with over 350sqm (3,767 sqft)  of dedicated space will host creative meetings and events for large or small groups.

Set in a tranquil square surrounded by historic buildings, The Madrid EDITION is near Puerta de Sol in the heart of the Spanish capital, one of the city's most famous sites, and within walking distance to The Golden Triangle of Art – three of the most important art museums in Madrid.

Slated to open in early 2022, the hotel will reflect the people and the culture of the city and will become a stunning microcosm of one-of-a-kind food, beverage and entertainment offerings, innovative design, and luxury service. The Madrid EDITION will be the second EDITION Hotel in Spain, following the successful opening of The Barcelona EDITION in 2018.

The Tampa EDITION
Launching early 2022

Planned to open in early 2022, The Tampa EDITION will become the fifth US property from EDITION Hotels. Situated within the new 56-acre Water Street Tampa neighborhood, the hotel will be home to 172 guestrooms and suites and six food and beverage outlets, including a signature restaurant, rooftop bar and terrace. The property will also feature a 204sqm  (2,195 sqft) Penthouse Suite, expansive spa, fitness center and over 550sqm (5,920 sqft)  of flexible meeting and events space. Bringing some of the world's best talents together into one project, design is care of the acclaimed New York-based architecture practice Morris Adjmi in collaboration with Florida-based firm Nichols Brosch Wurst Wolfe & Associates; with interiors designed by the renowned Roman & Williams. The hotel is situated within immediate proximity to the best that Tampa has to offer in terms of cultural institutions, entertainment, recreational, dining and shopping options.

The Riviera Maya EDITION at Kanai
Launching mid 2022

The Riviera Maya EDITION at Kanai is expected to open in mid 2022. With 180 guestrooms and suites, the hotel will be situated within the luxurious Kanai development, and home to six food and beverage outlets including a signature restaurant, pool bar and beach club, destination spa and an expansive 206sqm (2,217 sqft) Penthouse Suite. In addition to multiple meeting spaces, the hotel will also house an extensive outdoor deck for large scale events and parties.

Located on a pristine beachfront site, EDITION Hotels' first property in Mexico will find its home in the blissful stretch of Caribbean coastline. Riviera Maya is known for its mangroves and lagoons, ancient Mayan cities, tropical beaches, ecological reserves and the world's second largest coral reef.

The Doha EDITION
Launching late 2022

The Doha EDITION is anticipated to open in late 2022 in Doha's central business district, West Bay, which edges the Persian Gulf. The hotel will have 200 guest rooms including 29 suites, two restaurants, three bars and a nightclub and nearly 929 sqm (10,000 sqft) of event space. The hotel tower will punctuate the already eclectic Doha skyline and will house 167 EDITION branded residences.

Note on Forward-Looking Statements: 

This press release contains "forward-looking statements" within the meaning of U.S. federal securities laws, including expected hotel openings, future expansion announcements and similar statements concerning anticipated future events and expectations that are not historical facts. We (Marriott International, Inc.) caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including those we identify below and other risk factors that we identify in our U.S. Securities and Exchange Commission filings, including our most recent Annual Report on Form 10-K. Risks that could affect forward-looking statements in this press release include the duration and scope of COVID-19, including the availability and distribution of effective vaccines or treatments; its short and longer-term impact on the demand for travel, transient and group business, and levels of consumer confidence; actions governments, businesses and individuals have taken or may take in response to the pandemic, including limiting or banning travel and/or in-person gatherings or imposing occupancy or other restrictions on lodging or other facilities; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies, travel, and economic activity, including the duration and magnitude of COVID-19's impact on unemployment rates and consumer discretionary spending; the ability of our owners and franchisees to successfully navigate the impacts of COVID-19; the pace of recovery when the pandemic subsides or effective treatments or vaccines become widely available; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps we and our property owners and franchisees have taken and may continue to take to reduce operating costs and/or enhance certain health and cleanliness protocols at our hotels; the impacts of our employee furloughs and reduced work week schedules; our voluntary transition program and our other restructuring activities; competitive conditions in the lodging industry; relationships with customers and property owners; and the availability of capital to finance hotel growth and refurbishment. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release, and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

ABOUT EDITION HOTELS

EDITION Hotels is an unexpected and refreshing collection of individualised, customised, one-of-a-kind hotels which redefine the codes of traditional luxury. Displaying the best of dining and entertainment, services and amenities "all under one roof," each EDITION property is completely unique, reflecting the best of the cultural and social milieu of its location and of the time.

Conceived by Ian Schrager in collaboration with Marriott International, EDITION combines both the personal and intimate experience that Ian Schrager is known for with the global reach, operational expertise and scale of Marriott. The authenticity and originality that Ian Schrager brings to this brand coupled with the scale of Marriott International results in a truly distinct product that sets itself apart from anything else currently in the marketplace.

For affluent, culturally savvy and service-savvy guests, the EDITION experience and lifestyle explores the unprecedented intersection and the perfect balance between taste-making design and innovation and consistent, excellent service on a global scale. EDITION manages 11 hotels around the world including two in New York, and one in each of London, Miami Beach, West Hollywood, Barcelona, Shanghai, Sanya (China), Abu Dhabi, Bodrum (Turkey) and Tokyo.

About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,600 properties under 30 leading brands spanning 133 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy™, its highly-awarded travel program. 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 on Facebook and @MarriottIntl on Twitter and Instagram.

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Twitter:
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WeChat:
@EDITIONhotels

Website:
www.editionhotels.com    
www.marriott.com 

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SOURCE Marriott International, Inc.

FAQ

What is the significance of the new hotel openings for MAR?

The new openings signify Marriott's commitment to expanding its EDITION brand, potentially increasing revenue and market share.

When are the new EDITION Hotels expected to open?

The hotels are slated to open throughout 2021 and into early 2022.

Where are the new EDITION Hotels located?

The new locations include Rome, Madrid, Dubai, Reykjavik, Tampa, Doha, Riviera Maya, and Tokyo.

How will the new openings affect Marriott's stock performance?

These expansions could positively impact Marriott's stock by enhancing brand value and increasing occupancy rates.

What type of amenities will the new EDITION Hotels offer?

Each new property will feature unique dining experiences, modern luxury services, and bespoke design reflective of local culture.

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