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Courtyard by Marriott Continues to Spread Throughout Central America (Honduras)

Marriott International (NASDAQ:MAR) announced today plans to open the first Courtyard by Marriott brand hotel in Honduras in the city of San Pedro Sula, the industrial center of Honduras and the second largest city, after the capital Tegucigalpa. The project will be developed by Grupo Karim’s, an international company that focuses on both real estate and the textile industry with businesses and properties in Latin America, the Caribbean, United States, United Arab Emirates and Pakistan.

Courtyard by Marriott Continues to Spread Throughout Central America (Honduras)

Marriott International (NASDAQ:MAR) announced today plans to open the first Courtyard by Marriott brand hotel in Honduras in the city of San Pedro Sula, the industrial center of Honduras and the second largest city, after the capital Tegucigalpa. The project will be developed by Grupo Karim’s, an international company that focuses on both real estate and the textile industry with businesses and properties in Latin America, the Caribbean, United States, United Arab Emirates and Pakistan.

Category: Central and South America - Honduras - Industry economy - Hotel projects
This is a press release selected by our editorial committee and published online for free on 2013-11-22


Courtyard by Marriott San Pedro Sula rendering exteriorThe 121-room Courtyard by Marriott hotel, scheduled to open in the third quarter of 2015, will be located in the northern part of San Pedro Sula inside of the Altia mix-used development, the country’s first “smart city”, which includes the Altara Shopping and Lifestyle Center Mall, a world recognized university, UNITEC, a hospital, a high school and state of the art office buildings which include tenants such as Cargill, Pfizer, Citibank, and Ernst & Young as well as a wide variety of international BPOs and ITOs.

“The Courtyard by Marriott brand was a perfect fit for this hotel and, combined with Marriott’s backbone and sales engine, we are confident that the hotel will be highly successful and play a large role in the continued emergence of city of San Pedro Sula,” said Mohammad Yusuf Amdani Bai, President and CEO of Grupo Karim’s and principal shareholder of the Courtyard by Marriott hotel in San Pedro Sula.

"The changing economic climate across the world and today’s technology has changed how people travel," said Craig S. Smith, President of the Caribbean & Latin America at Marriott International. “Our guests want a room that has purpose and flexibility that enables a seamless transition between relaxing and working. Courtyard is designed to offer them a relaxing and functional space to work the way they want to, when they want to.”

“With the success of the brand across Latin America, the Courtyard by Marriott brand has become a favorite amongst regional travelers”, Laurent de Kousemaeker, Chief Development Officer, Caribbean & Latin America, Marriott International. “The new hotel in Honduras will be a significant milestone in our rapid expansion across Central America.”

The hotel will feature the brand’s refreshing business lobby, lobby bar, a casual dining restaurant, flexible meeting space and recreational facilities including a swimming pool and sauna. Additionally, it will include the brand’s new modern guestroom design which is intuitive and thoughtful, offering flexible yet comfortable spaces that enable technology. Signature furniture and architectural elements will replace traditional art in the new guestroom design.

Marriott International is currently represented in Honduras with the 157-room Tegucigalpa Marriott Hotel.

The Courtyard by Marriott brand features hotels with a refreshing environment that helps guests stay connected, productive and balanced while traveling. Intuitive services and design accommodate guests’ desire for choice and control and allow them to use the public space and guest rooms to meet all of their needs while on the road. With more than 900 locations in 37 countries, Courtyard has more locations than any other Marriott International brand.

Marriott International, Inc.

Marriott International, Inc. (NASDAQ: MAR) is a leading lodging company based in Bethesda, Maryland, USA, with nearly 3,900 properties in 72 countries and territories and reported revenues of nearly $12 billion in fiscal year 2012. The company operates and franchises hotels and licenses vacation ownership resorts under 18 brands. For more information or reservations, please visit our web site at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.

Grupo Karim’s is one of the most solid and innovative groups in Central Amercia. It started in Pakistan 40 years ago and in Honduras in 1991. Today it has become a privately held multinational corporation with core businesses in both textiles and real estate areas.

Grupo Karim’s is a corporation that recognizes it’s customers as strategic partners, values human resources as its most important asset and is distinguished by having a service culture with one always; exceeding expectations. With over 11 different companies in Honduras between the two branches Grupo Karims serves as employment for over 6,000 people in Honduras.


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