FAIRFIELD BY MARRIOTT CONTINUES ITS EXPANSION IN JAPAN WITH SEVEN ANTICIPATED HOTEL OPENINGS IN 2022

HONG KONG,March 21,2022 -- Fairfield by Marriott,part of Marriott Bonvoy's portfolio of 30 extraordinary brands,today announced the planned openings of seven new Fairfield properties across four prefectures of Nara,Hokkaido,Hyogo,and Okayama in Japan throughout 2022. Together with the seven planned openings,Fairfield by Marriott Michi-no-Eki Hotels will be expected to expand its portfolio to a total of 21 hotels across 9 prefectures in the country by 2022.

Fairfield by Marriott Nara Tenri Yamanobenomichi Guestroom; Lobby Lounge; Exterior

The opening continues the momentum of the Fairfield by Marriott Michi-no-Eki project in Japan,which was a partnership with Sekisui House back in 2018. The new hotels are slated to be built in key locations near roadside rest stations called "Michi-no-Eki" in Japan,situated close to national parks and UNESCO World Heritage sites that unlock access to many undiscovered destinations.

"We are very excited to continue to expand the Fairfield portfolio across Japan in collaboration with our esteemed partner Sekisui House," said Rajeev Menon,President,Asia Pacific (excluding China),Marriott International. "We have been achieving great success on the Fairfield's 'Michi-no-Eki' project with 14 Fairfield by Marriott hotels already opened across five prefectures in the country. We look forward to continuing to expand the brand's footprint with new hotels to deliver Fairfield's friendly service and warm hospitality in undiscovered destinations across Japan."

Each Fairfield by Marriott Hotel takes inspiration from its surroundings,delivering the beauty of simplicity for guests who appreciate a calming,reliable experience characterized by warm hospitality. The hotels' public areas serve as a flexible social space to share and connect with other travelers or simply to relax. Guests can expect a harmonious balance of functionality,comfort and enriching décor in natural materials and carefully selected amenities. Guestrooms' size ranging from 21 to 25 square meters,each features comfortable beds,complementary Wi-Fi and a space-saving shower booth. The hotels also offer a Breakfast Box in collaboration with the neighbouring roadside stations. Guests can start their mornings with a bento box filled with delicious local specialties as they prepare for their next journey.

Road trips are one of the best ways to explore Japan. The country's network of expressway connects far-flung areas and make it highly convenient for visitors to discover the country. With the unique destinations at each of the Fairfield by Marriott Michi-no-Eki properties,travelers can enjoy "slow travel" and explore the country's hidden gems by road.

In Hokkaido,travelers can embark on multi-day road trip journeys that take them from the lively energy of Sapporo to rural Naganuma,with its farms,rice fields,hill cafes and hot springs. A pleasant drive away is Eniwa,with its beautiful natural vistas of rural farmland and national park. Then,travelers can head to Minamifurano for a few exhilarating days of outdoor activities.

Visitors exploring Nara and Hyogo prefectures have the option of beginning their journeys in Tenri,which was briefly the capital of Japan in the fifth century. A 45-minute drive away from Tenri is Osaka,where visitors can enjoy the infinite attractions of the Japan's third most populous city. Nearby is the cosmopolitan city of Kobe,with its rich history,many cultural attractions and not to mention the world-renowned high-quality Kobe beef. Off the beaten path,Minamiawaji is a gem of a city,connected to the island of Shikoku by the Onaruto Bridge,famous for the enormous Naruto tidal whirlpools underneath.

In Okayama,road trippers can explore the natural beauty of the Hiruzen Highlands on horseback,before heading on to Kurashiki,with its historic canals that date back to the Edo period. A half-hour drive away is Okayama,home to Okayama castle and Kōraku-en,one of the three most beautiful traditional gardens in Japan.

The hotels that are opening in 2022 are:

Fairfield by Marriott Nara Tenri Yamanobenomichi (99 rooms,opened March 21st)

Fairfield by Marriott Nara Tenri Yamanobenomichi is located 18 kilometres away from Japan's first ancient capital of Nara,attracting travelers from around the world as it represents a UNESCO World Heritage site consisting of 20 historic temples and shrines. Guests staying at Fairfield by Marriott Nara Tenri Yamanobenomichi can also explore the city of Tenri,where there are a few historical landmarks including some of the oldest shrines in Japan,Isonokami Jingu Shrine and the ancient trail of Yamanobe-no-Michi.

Fairfield by Marriott Hokkaido Eniwa (102 rooms,opening May 26th)

Fairfield by Marriott Hokkaido Eniwa is located in the city of Eniwa City,which is midway between Sapporo and the New Chitose Airport. Guests can immerse in the nature of Eniwa while trekking through the natural vistas of Eniwa Valley,exploring the three breathtaking waterfalls including the Hakusen Waterfall,Rarumanai Waterfall and Sandan Waterfall. Fairfield by Marriott Hokkaido Eniwa is only 70-minute drive away from The Shikotsu-Toya National Park and Lake Shikotsu,making it an ideal base to explore the great outdoors in Japan.

Fairfield by Marriott Hokkaido Naganuma (78 rooms,opening May 26th)

Located 40 kilometres from Sapporo,Fairfield by Marriott Hokkaido Naganumaallows guests to enjoy a quintessential Hokkaido rural experience,with pastoral landscapes and paddy fields. The new hotel is also situated adjacent to Michi-no-Eki Maoinooka Park,with its observation deck offering breath-taking views of the island's immense Ishikari coastal plain. This roadside station is also popular with local residents as it opens several farmers' markets,where visitors can sample fresh produces from local farms including Yubari melons,blue honeysuckles and blueberries. Nearby the hotel is also a local winery,as well as a ranch with a petting zoo,miniature golf and an adventure maze,which are all enjoyable for family travelers.

Fairfield by Marriott Hokkaido Minamifurano (78 rooms,opening June 23rd)

In the summer,Fairfield by Marriott Hokkaido Minamifurano offers access to exciting activities on the nearby Lake Kanayama and Sorachi River,including canoeing,rafting and fishing. In the winter,guests can enjoy seasonal sports such as snowshoeing,dog sledding and backcountry trekking. A must-try here to experience local specialty is venison curry,a local specialty,as well as the buttered potatoes made from Minamifurano's famed Irish Cobbler potatoes.

Fairfield by Marriott Hyogo Kannabe Highland (73 rooms,opening November 2022)

Adjacent to Michi-no-Eki Kannabe Kogen,Fairfield by Marriott Hyogo Kannabe is the gateway to the Kannabe Highland,where guests can enjoy trekking to Mt. Kannabe and picking wild edible plants in the spring,paragliding and grass-slope skiing in the summer and marveling at the beauty of the nearby waterfalls in the autumn. In the winter,the Highlands become a winter-sports mecca where people come from near and far to the three ski areas in Kannabe for skiing and snowshoeing.

Fairfield by Marriott Okayama Hiruzen Highland (99 rooms,opening November 2022)

Fairfield by Marriott Okayama Hiruzen,adjacent to Michi-no-Eki Kazenoie in the Hiruzen-Kogen Highlands,also known as the nature's adventureland where travelers can trek through the plateaus and foothills of Mt. Daisen and ride horses through the highlands during summer and enjoy skiing and snowboarding during winter. Family travelers can enjoy camping,picnics and exploring the many waterfalls in the area. The dairy industry is an important part of the Hiruzen. Travelers can visit the agriculturally based theme-park in Hiruzen-Kogen—Jersey Land where they can learn how to milk a cow or make cheese,and enjoy the local specialties,including steak,cheese and ice-cream.

Fairfield by Marriott Hyogo Minamiawaji (100 rooms,opening December 2022)

Fairfield by Marriott Hyogo Minamiawaji is located adjacent to the Fukura Bay in the southern part of Awaji Island. Fitness enthusiasts can cycle around the island on a scenic route. The Naruto Uzushio Whirlpool in the southern part of the island is one of the largest whirlpools of the world. Visitors can take a cruise to see the natural phenomenon by the Akashi-Kaikyo Bridge. Another local attraction is the Awaji Puppet Theater,where guests can enjoy the delightful Awaji Ningyo Joruri puppet shows with 500 years of history.

"We are pleased to expand our footprint to northern and southern part of Japan,offering travelers access to remote destinations in the country. With the growing demand for self-drive travel,the new Fairfield by Marriott hotels will deliver on the brand's principles of friendly service and warm hospitality for travelers to explore the unique destinations across Japan," said Masahiro Taguchi,Project Director of Fairfield by Marriott's Michi-no-Eki portfolio.

Note on Forward-Looking Statements:

This press release contains "forward-looking statements" within the meaning of United States federal securities laws,including statements related to rooms growth; our growth pipeline; future expansion; expected hotel and other project openings; brand debuts in certain markets; development focus areas and intentions; consumer demand trends and expectations; owner interest in certain brands and offering types; and similar statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess,including those we identify below and other risk factors that we identify in our U.S. Securities and Exchange Commission filings,including our most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K. Risks that could affect forward-looking statements in this press release include the duration and scope of COVID-19,including the availability and distribution of effective vaccines or treatments; the pandemic's short and longer-term impact on the demand for travel,transient and group business,and levels of consumer confidence; actions governments,businesses and individuals have taken or may take in response to the pandemic,including limiting,banning,or cautioning against travel and/or in-person gatherings or imposing occupancy or other restrictions on lodging or other facilities; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies,travel,and economic activity,including the duration and magnitude of the pandemic's impact on unemployment rates and consumer discretionary spending; the ability of our owners and franchisees to successfully navigate the impacts of COVID-19; the pace of recovery when the pandemic subsides and any dislocations in recovery as a result of resurgences of the pandemic; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps we and our property owners and franchisees have taken and may continue to take to reduce operating costs and/or enhance certain health and cleanliness protocols at our hotels; the impacts of our employee furloughs and reduced work week schedules,our voluntary transition program and our other restructuring activities; competitive conditions in the lodging industry and in the labor market; relationships with customers and property owners; and the availability of capital to finance hotel growth and refurbishment. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release and undertake no obligation to publicly update or revise any forward-looking statement,whether as a result of new information,future events or otherwise.

About Marriott Bonvoy®

Marriott Bonvoy's extraordinary portfolio offers renowned hospitality in the most memorable destinations in the world,with 30 brands that are tailored to every type of journey. Members can earn points for stays at hotelsand resorts,including all-inclusive resorts andpremiumhome rentals,and through everyday purchases with co-branded credit cards. Members can redeem their points for experiences including future stays,Marriott Bonvoy Moments,or through partners for luxurious products from Marriott Bonvoy Boutiques. To enroll for free or for more information about Marriott Bonvoy,visitmarriottbonvoy.com.

About Fairfield by Marriott

Fairfield by Marriott was founded on the principles of trusted service and warm,friendly hospitality inspired by its unique heritage as the namesake of the Marriott family retreat,the Fairfield Farm. Its contemporary,uplifting design provides an effortless experience for guests to maintain their routines while on the road. Evoking the feelings of calming simplicity,Fairfield offers thoughtfully designed guestrooms and suites that provide separate quality living,working and sleeping areas. With over 1,195 properties in 14 countries and territories,Fairfield is proud to participate in Marriott Bonvoy®,the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands,exclusive experiences onMarriott Bonvoy Momentsand unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program,visitmarriottbonvoy.com.For more information or reservations,visitFairfield.marriott.com.