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Marriott Vacation Club Announces Second Oceanfront Resort in Palm Beach County

January 07,2008

ORLANDO, Fla. - January 7, 2008 - Marriott Vacation Club International (MVCI), the vacation ownership division of Marriott International, Inc. (NYSE:MAR), announced today the development and sales start of Marriott's Oceana Palms - The Palm Beaches on Singer Island in Riviera Beach, Fla. The resort is proposed to include 169 two-bedroom/ two-bathroom villas (at build-out) and slated for occupancy in early 2010. Initial pricing starts at approximately $25,900 per week depending on the season and view type selected.

"Marriott Vacation Club has enjoyed being a member of the Palm Beach Shores community for the past ten years through our Marriott's Ocean Pointe resort and we look forward to this exceptional new resort that will be a beautiful addition to Singer Island and the Riviera Beach area," said Stephen P. Weisz, president of Marriott Vacation Club International. "Our owners have long enjoyed vacationing in this destination, so we couldn't be happier to deliver yet another oceanfront experience to our nearly 340,000 Owners and guests."

Marriott's Oceana Palms will offer the ideal pairing of oceanfront living with the luxurious Palm Beach area lifestyle. Upon arrival, two magnificent 19-story towers will invite Owners and guests into an elegant brick-paved porte-cochere with lush, tropical landscaping creating a welcoming environment to relax and enjoy the delightful climate. Broad, white, sandy beaches are all that stand between the resort and the sparkling turquoise waters.

Three spacious villa floor plans will feature more than 1,100 square feet of living space, offering a blend of traditional furnishings with fresh, contemporary pieces that create an attractive and relaxing atmosphere. Each villa will reflect a tropical color pallet of fresh greens, vibrant blues and golden sand tones mirroring the surrounding area's natural environment. Marriott's Oceana Palms will offer spacious balconies with views of graceful sailboats and stunning sunrises. Each villa features a fully-equipped gourmet kitchen with granite countertops, glass tile backsplash and GE stainless steel appliances; generous living and dining areas; multiple flat-panel televisions with DVD players; oversized shower with multiple shower heads in master suite; washer and dryer; and wireless high-speed Internet access. Each villa can accommodate up to 8 guests.  

Proposed resort features and amenities upon build-out will include:

- Main pool and zero-entry pool with "The Splash Zone", a wet-zone play area
- Two whirlpool spas
- Marriott's Activity Zone Experience (MAZE), for all ages
- Fitness center featuring Life Fitness Equipment, locker rooms, a spa treatment room, and sauna and steam rooms for men and women
- The Green, an event lawn for games and gatherings
- Shuffleboard court
- Tot play area with climbing structure
- BBQ area with gas grills

Other proposed resort features will include The Sand Bar pool bar and grill, a Guest's Retreat offering a large multi-functional space overlooking the pool area in addition to the MarketPlace convenience store and The Market Bistro outdoor seating area.

Singer Island, Riviera Beach, is located in the heart of Palm Beach County and on the tip of Florida's "Gold Coast", famous for its tropical temperatures, miles of expansive white-sand beaches and the glistening waters of the Atlantic Ocean. Vacationers can enjoy sailing, scuba diving and snorkeling right at their doorstep, plus a wealth of exhilarating water sports including some of the best sport fishing in the world. Guests can also tee off on one of more than 150 golf courses within a twenty-minute drive. Everyone can enjoy the Palm Beach excitement by day or night with its highly acclaimed restaurants, fine art boutiques and museums, and legendary shopping within minutes of the island.

Marriott's Oceana Palms is located within driving distance of Fort Lauderdale, Miami, Tampa and Orlando and is less than 12 miles from Palm Beach International Airport (PBI) and less than 60 miles from Fort Lauderdale/Hollywood International Airport (FLL).

About Marriott Vacation Club
Marriott Vacation Club is the recognized worldwide leader in vacation ownership with a program highly regarded for its quality and unique flexibility. In 1984, Marriott became the first branded hospitality company by nearly a decade to enter the timeshare industry. MVC continues to expand with a diverse portfolio of over 9,300 timeshare resort villas throughout the U.S., Caribbean, Europe and Asia. Today, more than 340,000 vacation owners around the globe own their vacations "the Marriott way," offering options to exchange weeks with priority within the MVC portfolio or within Interval International's global system of more than 2,200 resorts in over 75 countries, trade their week(s) for Marriott Rewards points, or rent their week(s).

For information, please visit www.marriottsoceanapalms.com.

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James Woelbern
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