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155-Room Property Scheduled To Open In 2010

Courtyard by Marriott Hotel planned for Bremen, Germany

eTN  Jul 28, 2008

WASHINGTON, DC - Marriott International will open a new 155-room Courtyard by Marriott hotel in Bremen, Germany in 2010 under a franchise agreement reached with Baum Hotelbetriebsgesellschaft Bremen mbH, a subsidiary of the Baum Unternehmensgruppe, Hannover, Germany. Deka Immobilien Investment GmbH, one of the largest open-end investment funds in Germany, based in Frankfurt am Main, has purchased the project and Baum Unternehmensgruppe will develop the project for the owner.

The hotel will be housed in two connected buildings, one of which will be the redevelopment/renovation of the historic Lloyd building, which dates to 1913 and was formerly used as a railway building for emigrants to the US. The building is partly listed and will contain the hotel’s restaurant, the fitness area, 69 guest rooms and approximately 3,650 square meters of office space. A six-story, new-build structure will house the remaining guest rooms and conference facilities. Both buildings will be connected by the hotel’s lobby and lounge.

The building site is directly located at the main train station and less than a kilometer from Bremen old town and a five-minute walk from a tram stop which connects Bremen to the main airport. The Bremen Exhibition Center is approximately a 5-minute walk from the hotel.

“We are delighted with this addition to our upper-moderately-priced Courtyard hotel portfolio in Germany and to be represented in this important historic city,” said Arne Sorenson, Marriott International’s chief financial officer and president of Continental Europe.

Mr. Baum, managing director of the Baum Unternehmensgruppe, said, “We are proud to develop this unique property with the historic Lloyd building. Furthermore, we are looking forward to operating this hotel on this beautiful site for a long time.”

The largest of Marriott International’s hotel brands with nearly 800 properties worldwide, Courtyard by Marriott hotels appeal to business travelers who actively balance the demands of business with their own demands for personal time. These travelers have an optimistic view of business travel and see the experience as an opportunity to get out and do new things.

For dining and entertainment, the Courtyard by Marriott Bremen will have a casual restaurant serving three meals daily and a spacious, lively lobby lounge and bar that will encourage impromptu social or mini-gatherings.

Recreational amenities will include a fitness center and sauna. Additional amenities will encompass a business center, a guest laundry and The Market which offers sundries and a selection of deli options for travelers on the go.

For conferences and social events, the hotel will have 3,841 square feet of function space in varying configurations and two boardrooms.

Currently, there are 12 Courtyard by Marriott hotels in Germany. The Marriott International portfolio in Germany today consists of 28 properties.

Courtyard by Marriott Hotel planned for Bremen, Germany

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