Monday, September 15, 2008

Minority Hotel Owner Celebrates Opening in Prince George's County's National Harbor

Prince George's County Executive Jack Johnson (top right photo)and Marriott Chairman and CEO Bill Marriott (top left photo) to Attend Ceremony

BETHESDA, Md., Sept. 15 /PRNewswire/ -- Prince George's County Executive Jack Johnson joins Marriott Chairman and CEO Bill Marriott and minority hotel owner Integrated Capital, LLC in the celebration of the opening of the 162-room Residence Inn by Marriott. (bottom left photo)

Integrated Capital, LLC is an African-American real estate group and a shining example of Marriott's Diversity Ownership Initiative. The hotel is the sixth Marriott minority-owned hotel scheduled to open in Prince George's County.

Invited officials include: -- Prince George's County Executive Jack Johnson -- Bill Marriott, Chairman and CEO, Marriott International -- Kenneth Fearn, Managing Partner, Integrated Capital, LLC -- Stewart Cushman, Partner, Integrated Capital, LLC -- Thomas Moorehead, Investor and local businessman -- Norman Jenkins, Senior Vice President, Lodging, Marriott International -- Jimmie Paschall, Global Diversity Officer, Marriott International

Located in Prince George's County and cited as the most affluent African-American county in the U.S. by Ebony magazine (Nov. 2006 issue), the National Harbor Project offers over 350 acres of residential, commercial and retail space. It is scheduled to debut in the summer of 2007.

Marriott launched the Diversity Ownership Initiative to educate and provide assistance to minorities with significant business experience and an interest in hotel ownership.

In 2005, Marriott made a pledge to have 500 minority- and woman-owned hotels by 2010. Today, Marriott has reached its goal ahead of schedule and currently boasts more than 500 hotels that are open or under development.

For more information, visit Thursday, Sept. 18, 2008 @ 11:00 a.m. Residence Inn National Harbor, 192 Waterfront Street, Oxon Hill, MD 20745