Expected to be Brand’s Flagship Location on West Coast
BETHESDA, Md., Oct 31, 2014 (GLOBE NEWSWIRE via COMTEX) —
Marriott International, Inc. MAR, +1.35% and affiliates of The Witkoff Group and New Valley have signed agreements for the development of an EDITION Hotel and residences in West Hollywood, Calif. Marriott will manage the hotel under a long-term contract.
Expected to open in 2018, the West Hollywood EDITION will be a world-class, luxury lifestyle hotel and EDITION’s flagship location on the West Coast.
EDITION Hotels, launched by Marriott in partnership with Ian Schrager, combines the intimate, individualized and unique lodging experience for which Ian Schrager is known, with the global reach, operational expertise and scale of Marriott. Currently in Istanbul and London, and soon to open in Miami Beach, other EDITION hotels are planned for New York (the New York EDITION and Times Square EDITION); Abu Dhabi, UAE; Sanya and Wuhan, China; Gurgaon, India; and Bangkok, Thailand, with advanced ongoing discussions for other exciting locations.
Arne Sorenson, Marriott International’s president and chief executive officer, said, “An EDITION hotel in West Hollywood is a key element in our brand strategy. Our EDITION brand is growing momentum on a global scale, and we are delighted to work with The Witkoff Group as partners in bringing this fabulous new hotel to a fantastic destination.”
Steve Witkoff, CEO of The Witkoff Group, said, “This is an exciting milestone in our partnership with Marriott. As we finalize construction of the new EDITION Times Square hotel in New York, which we expect to open in 2017, it’s incredibly gratifying to embark on a new project that will bring an exceptional EDITION hotel and truly spectacular EDITION residences to the West Hollywood area of Los Angeles.”
Ian Schrager, CEO of Ian Schrager Company, said, “West Hollywood is a great city and I’m thrilled to be doing a spectacular new EDITION there with my good friends and partners Marriott and The Witkoff group.”