The Ben , Autograph Collection® The Elizabeth Hotel, Autograph Collection

Cotton House Hotel, Autograph Collection

Autograph Collection Hotels brings the art of storytelling to life by curating hotels that are rich in character, architecture and untold stories of the past. Created for travelers seeking unique and authentic travel experiences, no two hotels or resorts within this collection are the same. From gilded palaces to modernist icons to exotic escapes, every Autograph Collection hotel is a unique treasure that surprises, inspires and delights, offering the promise of individuality with the assurance of a global brand.

EXACTLY LIKE NOTHING ELSE.®

Mount Juliet, Autograph Collection

Grand Bohemian Hotel Charleston, Autograph Collection

El Mangroove, Autograph Collection

As of December 31, 2019, there were 108 Autograph Collection hotels open and operating in the United States and Canada; of these, 101 were franchised. The data above reflects the performance of the 66 franchised Autograph Collection hotels open for 24 months as of December 31, 2019, for which Smith Travel Research, Inc. has data and which did not undergo material renovations or expansions during the 24 months preceding conversion. Of the 66 hotels, 34 hotels or 51.5% achieved an average occupancy rate equal to or greater than 76.5%; 24 hotels or 36.4% achieved an average daily room rate equal to or greater than $225.23; 27 hotels or 40.9% achieved or exceeded the average RevPAR of $172.40; and 40 hotels or 60.6% achieved an average RevPAR Index equal to or greater than 115.2. There is no assurance you will do as well. OFFER AND SALE BY PROSPECTUS ONLY. See Item 19 of our Franchise Disclosure Document dated March 31, 2020 for additional details.

2019 FRANCHISE HOTEL PERFORMANCE As of December 31, 2019

Occupancy: 76.5%Average Daily Rate: $225.23RevPAR: $172.40RevPar Index: 115.2 Note: These results reflect the performance of system hotels before the emergence of the COVID-19 outbreak, which has impacted consumer and business travel and caused declines in key operating metrics. See our news page (https://news.marriott.com/) for the latest information.

TARGET COMPETITORS

Curio by HiltonLeading Hotels of the WorldPreferred HotelsSmall Luxury Hotels

DISTRIBUTION (Q3 2020) UNITS ROOMS

North America Open: 119 24,168 North America Pipeline: 41 7,740

Worldwide Open: 202 39,331 Worldwide Pipeline: 90 16,185

A member of Marriott’s industry-leading portfolio, the Autograph Collection debuted in 2010 and includes over 200 independently branded hotels and resorts that reflect the distinct attributes of their market. Each is unique in terms of product offering and target customers. The Autograph Collection is a remarkable group of upper upscale and luxury independent hotels with iconic properties located in gateway and emerging cities in preferred destinations around the world. Each is exceptional, one-of-a-kind and has its own distinct perspective. The result is an array of properties that is nothing less than unique and nothing short of collectively exceptional.

MarriottDevelopment.com