Marriott International (NYSE/MAR) has been named to manage a new 395-room hotel in Copenhagen, Denmark, that recently broke ground and is scheduled to open in 2001.

When opened, the 500 million Danish kroner will be named the Copenhagen Marriott. It is owned by a joint venture formed between Marriott and Nykredit, Denmark`s largest mortgage banker. The hotel will be part of a harbor-front redevelopment which includes Nykredit`s prestigious new corporate offices and a 270-space parking garage. Nearby are the Tivoli Gardens and Christianborg Palace.

The prospect of having our first Marriott-flagged hotel in Scandinavia is truly exciting, said Ed Fuller, president and managing director of Marriott`s international operations. Copenhagen is a major gateway market that fits perfectly with our long-term development strategy for Scandinavia and Europe. We are confident that the Copenhagen Marriott will be attractive to both business and leisure travelers to Denmark.

We are pleased to have found an international five-star hotel for Copenhagen. With the Copenhagen Marriott, we have found a good solution for Copenhagen, a good neighbor, and a sound financial solution for Nykredit, said Mogens Munk Rasmussen, group chief executive, Nykredit A/S.

For dining and entertainment, the Copenhagen Marriott will have a casual restaurant offering seasonal outdoor dining as well as a lobby bar.

Other amenities include a health club featuring a fitness room, sauna, lockers, a business center, 24-hour room service, in-room mini-bars, laundry/valet service, airlines, car rental/tour desk and gift shop.

For conference and social events, the Copenhagen Marriott will have a 5,915 square-foot ballroom divisible into two sections, as well as 12 board rooms offering an additional 5,813 square feet of space.

The Marriott International Lodging system consists of nearly 1,700 hotels in 53 countries and territories.

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