Courtyard Tampa Northwest Veterans Expressway

2019 FRANCHISE EVERYTHING YOU NEED PERFORMANCE* Average Average Daily TO MOVE FORWARD Occupancy Rate Room Rate 72.3% $140.17 Marriott’s largest brand by distribution, Courtyard® has a legacy of impressive Average Average performance that includes consistent delivery of high returns and solid RevPAR to RevPAR RevPAR Index owners. Courtyard owners also benefit from Marriott’s robust demand generation $101.30 109.5 engine that drives top-line revenue while maximizing bottom-line savings. Loyal Customer Base Courtyard has long led the industry when it comes to meeting the needs of the Average Percentage of Loyalty Program modern business traveler. Since breaking into the market more than 35 years ago as a Contribution to Occupancy at Courtyard brand built for business, Courtyard has continuously evolved, pushing the boundaries of is 57.0% design, style and service in the upscale category. Lower Cost Bookings Marriott’s channels generate 74.4% of Courtyard has introduced elevated amenities like the Bistro Bar (a fast casual restaurant) Courtyard’s reservations and collaborative lobby spaces. With a new, more flexible prototype that fits a wide range of site needs, the Inspired Classic decor package and the largest global rooms Note: These results reflect the performance of pipeline in the Marriott portfolio, Courtyard is poised to deliver owners even greater system before the emergence of the success in the future. 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. DISTRIBUTION (Q1 2020) COMPETITIVE FEE STRUCTURE* Courtyard currently has over 1,200 hotels with locations in all 50 U.S. states and 56 countries and territories as well as a robust pipeline of nearly 300 hotels. Application Fee The greater of $90,000 plus $500 per U.S. & CANADA Units Rooms GLOBAL Units Rooms guestroom in excess of 150 guestrooms Royalty Fee Open 1,056 146,962 Open 1,247 185,600 6.0% of Gross Room Sales Pipeline 153 20,305 Pipeline 294 50,517 Program Services Contribution 3.35% of gross room sales (which includes a contribution to the Marketing Fund of 2% KEY COMPETITORS RECENT OPENINGS of gross room sales); plus $10,000 per year; , Place, Courtyard South Padre Island, TX plus $220 per guestroom per year Courtyard Seattle Northgate, WA OPTIMIZED COST PLAN Estimated Cost Per Key (for select costs)** * 2020 Courtyard by Marriott Franchise Disclosure Document. Additional details included on the back. For all other costs and fees, refer to the FDD. 80 – 110 KEYS ** The “Estimated Cost Per Key” includes select building construction, kitchen and laundry equipment, FF&E, start-up costs, $128,000–$207,000 and certain additional funds. You will incur additional costs. Please refer to our 2020 Courtyard by Marriott Franchise Disclosure Document for complete details. 120 – 150 KEYS $117,000–$185,000 COURTYARD SPACES A sophisticated yet comfortable environment with an enduring, classic sensibility. From day to night, our spaces are adaptable and welcoming, allowing for conversation and interaction.

EXTERIOR • Arrival experience includes an • Modern exterior offers color optional porte-cochere and and material options adaptable to enhanced lighting. your location. Courtyard Wayne Fairfield

GUEST ROOMS • The smartly designed room features • Other guest room amenities include a wide, comfortable sleeper sofa and a 55" inch flat-panel television, framed headboard, a luggage drop, in-room refrigerator and an hospitality cabinet, and outlets where optional microwave. most needed. • The Inspired Classic decor package, • The spacious, upgraded bathroom available in two color options, features features an integrated walk-in shower. classic clean lines, solid colors and modern furniture.

LOBBY • The newly designed lobby lounge prepared grab-and-go items to meet focuses on an elevated evening guests’ needs and drive additional experience with special seating options revenue. to work or relax. • The Bistro provides guests with day • An extension of the lobby, the Bistro and night dining options through fresh, Terrace features a community fire pit seasonal menu items for breakfast and and upgraded outdoor seating area. dinner, Starbucks coffee, and premium wine, beer and cocktails. • CRATE, Courtyard’s new signature market, offers curated retail items, • The Inspired Classic decor package premium food and beverage options, continues the classic style and elevated fresh Starbucks coffee, and freshly spaces found in the guest room.

OTHER AMENITIES • Expansive, redesigned fitness • Optional indoor or outdoor pool. experience: 1,000 square feet • Scalable meeting space options to of appropriate space for cardio, meet the demands of your market. stretching and strength activities.

BRANDS. LOYALTY. PARTNERSHIPS. RESULTS. MADE HERE. VISIT MARRIOTTDEVELOPMENT.COM OR CALL 301.380.3200 Courtyard Tampa Northwest Veterans Expressway

Courtyard Franchise Disclosure: As of December 31, 2019, there were 1,053 Courtyard hotels open and operating in North America (U.S. and Canada); of these, 801 were franchised. The data reflects the performance of the 717 franchised Courtyard by Marriott hotels open and operating in North America 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 December 31, 2019. Of the 717 Courtyard hotels, 347 (48.4%) achieved an average occupancy rate equal to or greater than 72.3%; 220 (30.7%) achieved an average daily room rate equal to or greater than $140.17; 232 (32.4%) achieved or exceeded the average RevPAR of $101.30; and 373 (52.0%) achieved an average RevPAR Index equal to or greater than 109.5. Of the 717 Courtyard hotels, 314 (43.8%) had at least 74.4% or more of their total gross room nights booked at their hotel come from all Reservation Channels and 424 (59.1%) achieved or exceeded the average percentage of loyalty program contribution to occupancy of 57.0%. There is no assurance that 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.