Tanzania: Marriott International to debut The Ritz-Carlton in the Zanzibar Archipelago

Mr. Saleh Said, Directors of Pennyroyal Gibraltar Limited and Mr Alex Kyriakidis, President and Managing Director, Middle East and Africa, Marriott International, along with other executives from both companies.

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PRESS RELEASE

Marriott International to Debut The Ritz-Carlton in the Zanzibar Archipelago

Slated to open in 2021, the 90 room all-suite and villa resort will provide the quintessential Indian Ocean experience amidst an idyllic island setting

DUBAI, United Arab Emirates, May 22, 2017/ -- Marriott International (NASDAQ: MAR) (www.Marriott.com) today announced the signing of an agreement with Pennyroyal Gibraltar Limited, to debut The Ritz-Carlton brand (www.RitzCarlton.com) in the exotic Zanzibar Archipelago. Slated to open in 2021, the 90 room all-suite and villa resort will bring the defining luxury experience of The Ritz-Carlton to one of the most magical destinations in the world. Located within a convenient 45-minute drive from Zanzibar International Airport, The Ritz-Carlton, Zanzibar will provide easy access to the fabled and magnificent UNESCO World Heritage Site, Stone Town, often referred to as the cultural heart of Zanzibar. The signing of The Ritz-Carlton, Zanzibar took place at an intimate ceremony attended by the owners, Mr. Saleh Said and Mr. Brian Thomson, Directors of Pennyroyal Gibraltar Limited and Mr Alex Kyriakidis, President and Managing Director, Middle East and Africa, Marriott International, along with other executives from both companies. “Celebrated as one of the world’s most exotic destinations, Zanzibar, is a perfect destination for The Ritz-Carlton,” said Alex Kyriakidis, President and Managing Director, Middle East and Africa, Marriott International. “The Archipelago has the potential to strengthen its position as a key leisure destination in the Indian Ocean and to effectively compete with the more established islands of Mauritius, Seychelles and Maldives. The Ritz-Carlton, Zanzibar will compliment Marriott International’s strong presence in the Indian Ocean and provide the necessary impetus to put the destination on the global itinerary of our guests.” Mr. Saleh Said and Mr. Brian Thomson, Directors of Pennyroyal Gibraltar added, “We are delighted to partner with Marriott International to debut The Ritz-Carlton in such a culturally significant destination and are confident that the brand’s allure, coupled with Marriott International’s strong base of loyal guests, will entice the affluent travelers to visit this enchanting destination, making it one of the most coveted resorts in the region.” The Ritz-Carlton, Zanzibar will be an all-suite and villa resort with 90 luxuriously appointed spaces including over water villas, each with its own private pool and a distinct contemporary design inspired by the island’s tropical tableau and unique culture. It will boast of a distinctive dining scene with four restaurants and bars allowing The Ritz-Carlton chefs to showcase their culinary versatility and engage with guests through curated and immersive dining experiences. Leisure facilities will include an outdoor pool, a Health Club, a Beach Club and a Kids Club. Guests will have access to a tranquil Spa with eight private Spa Suites offering individual and couple treatments as well as outdoor treatments. An intimate meeting facility will complement the resort facilities for personalized and bespoke events. The hotel will be part of the Amber Resort complex expected to be the largest mixed use development in Africa occupying approximately 1,750 hectares of pristine Indian Ocean coastline in the north east of the island. The complex proposes to provide an integrated high end lifestyle experience with a marina, a signature golf course designed by Ernie Els, residential villas and condominiums as well as leisure and entertainment facilities including a water park, and an equestrian center. The Ritz-Carlton brand currently operates 12 properties across Middle East and Africa and is gearing up to open hotels in Amman (Jordan), Tunis (Tunisia), Ras Al Khaimah (UAE), Sharm El Sheikh (Egypt) and three properties across Morocco – Tamuda Bay, Marrakech and Rabat. The Ritz-Carlton, Zanzibar will be a significant addition to this fast growing brand portfolio across the region.