Tuesday, January 08, 2008

MARRIOTT HOTELS & RESORTS OF CANADA AND WESTERKIRK CAPITAL SEEKING TO PARTNER AGAIN IN HALIFAX

January 7, 2008

Marriott Hotels & Resorts of Canada and Westerkirk Capital today announced an agreement with Aspotogan Sea Spa Limited to evaluate the feasibility of acquiring and completing the Sea Spa Nova Scotia property at Aspotogan.

If this study is successful, the property is slated to become a Marriott-managed, full-service hotel, complete with spa, conference and banquet services.

"We are excited about this opportunity because it represents new investment in the high end of the tourism sector in Nova Scotia. It's a largely untapped segment for this market. Should this prove successful, this new property will provide an economic benefit to the local economy through new jobs, group meetings and events, and higher margin travellers," said Scott Allison vice president, sales and marketing for Marriott Hotels & Resorts of Canada.

The Sea Spa was originally designed as a medical spa, but was never completed. Since the original property was built, the surrounding area has been developed with residential lots.

Marriott Hotels and Westerkirk have partnered together before. In March of 2005, they opened the Halifax Marriott Harbourfront to capacity bookings. This property was Marriott's 50th in Canada and the first full-service Marriott hotel in eastern Canada. The company continues to support the success of the Harbourfront property with capital renovations.

Westerkirk is committed to continuing its sizable financial and economic commitment in Nova Scotia.

Westerkirk is also working on a third project in Halifax with one of Marriott's largest development partners in Canada and the United States, Concord Hospitality Enterprises Company. The two companies have submitted a bid with Marriott Hotels & Resorts of Canada for a Marriott Courtyard at the Halifax Stanfield International Airport. This bid is in response to an RFP from the Halifax International Airport Authority.

Concord Hospitality entered Canada aggressively in August of 2002, with five Marriott-branded hotels in the Greater Toronto Area and has subsequently opened an additional five Marriott-branded hotels in Canada. This deal marks its first venture in eastern Canada.

Marriott Hotels & Resorts of Canada was also named one of Canada's 50 Best Employers in 2007.

www.marriott.com

Author: Natalie Little
Organization: Fleishman-Hillard for Marriott Hotels & Resorts of Canada
E-mail: natalie.little@fleishman.ca

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