Marriott International, Inc. (MAR/NYSE) has been named to manage a new 53-unit serviced apartment complex in Prague, Czech Republic, which will be branded a Marriott Executive Residences. Construction of the Longin Center Marriott Executive Residences is underway and is scheduled to be completed by the year 2000.

Owned by Europa Capital Management, the Longin Center Marriott Executive Residences is located on Nu Rybnicku, the center of the historic, commercial and tourist center of the city. It is part of a mixed-use development, the Longin Business Center, which will include approximately 6,000 square meters of office space, 500 square meters of retail space and underground parking for 90 automobiles.

“We are very pleased to introduce another Marriott hotel brand in Prague,” said Ed Fuller, president and managing director of international lodging operations. Travelers who are visiting Prague for an extended period of time will appreciate the residential comfort and services that the Marriott Executive Residences brand offers.
Speaking for the owner Longin Business Center a.s., Mag. Milan Janku, chairman of the board, said: We are delighted to have Marriott International as a secured partner in managing this Executive Residences.

The Longin Center Marriott Executive Residences will be comprised of spacious studio and one-bedroom residential apartments, many with balconies. The apartments will feature hotel-like amenities, full-kitchens, 24-hour security and the flexibility of short-term leases. For dining, there is a wide selection of restaurants and cafes located within walking distance of the apartment building, including a restaurant on the ground floor of the Longin Business Center.

Other features will include a dedicated work area and desk, double phone lines with voicemail and PC hook-up and VCR. Additional on-site amenities will encompass washer/dryers, business center and fitness center.

At all locations, the Marriott Executive Residences brand also provides a socialization program which is designed to eliminate the stress associated with moving. Two weeks before arrival, residents receive a pre-arrival call from the property informing them of their direct dial phone number, confirm their arrival day and time and to inquire about any additional requirements a resident might need.

Upon arrival, the refrigerator in the apartment is stocked with milk, orange juice, bottled water, food for breakfast and dinner and a welcome amenity. The resident will receive a complimentary tour of the city and a book about local customs, restaurants and shopping. Residents are also invited to monthly receptions.

Marriott is currently represented in Prague by the 309-room Renaissance Prague Hotel. Currently under construction is the 292-room Prague Marriott, which is expected to open early next year.

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