SpringHill Suites Idaho Falls, ID

SPRINGHILL SUITES BY MARRIOTT® FRANCHISE PERFORMANCE*

Guests love SpringHill Suites by Marriott, the upper moderate tier, largest all-suites Average Occupancy Rate: 75.1% style brand, for its refreshing and stylish take on the travel experience. The brand consistently ranks among the top Marriott brands in guest satisfaction, and has won Average Daily Room Rate: $121.25 numerous J.D. Power awards for service. Owners and franchisees love SpringHill Suites® too, with a development model presenting options to ease new-build costs, nationally Average RevPAR: $91.01 recognized marketing campaigns driving demand, and an optimized operating model delivering remarkable returns. Average RevPAR Index: 109.5

Fusing form and function and wrapping it all in attractive, modern décor, SpringHill Suites offers little extras such as craft beer and wines in the Market and fitness options Loyal Customer Base: attuned to evolving guest needs. The lobby and guest suite feature proprietary west Marriott Rewards® Member Paid Nights elm® furniture in an industry-leading partnership­ and deliver a highly differentiated represent 53.4% of total SpringHill Suites Nights experience that solidifies the brand’s leadership in the upper-moderate tier. Lower Cost Bookings: Marriott’s channels generate 69.5% of SpringHill Suites delivers strong year over year RevPAR growth with remarkable SpringHill Suites reservations occupancies/rates on both weekdays and weekends. With a robust pipeline, this differentiated product is well received by owners, large REITS and investment firms with continued growth in both urban and suburban markets. COMPETITIVE FEE STRUCTURE*

KEY COMPETITORS: Place, , Hampton Application Fee: The greater of $50,000 or $400 per guest suite

DISTRIBUTION (Q3 2018) Royalty Fee: 5.5% of Gross Room Sales As the largest upper-moderate all-suite brand, SpringHill Suites continues its growth Marketing Fund Fee: 2.5% of Gross Room Sales with a strong pipeline of over 180 .

U.S. AND CANADA (Units / Rooms) OPTIMIZED COST PLAN* Open: 405 / 47,896 Pipeline: 181 / 20,463 80 – 110 keys Average Cost Per Key: $98,000 – $163,000

120 – 150 keys Average Cost Per Key: $94,000 – $150,000

*2018 SpringHill Suites Franchise Disclosure Document. RECENT OPENINGS For all other costs and fees, refer to the FDD.

SpringHill Suites New Orleans Downtown/Canal Street, LA SpringHill Suites New Smyrna Beach, FL Opened March 2018 Opened January 2018 SPRINGHILL SUITES PROTO MODEL ATTRIBUTES SpringHill Suites partnered with the modern home brand west elm® to co-develop furniture in the suites - a first in the industry.

LOBBY • The enhanced lobby design maximizes space for efficiency and functionality and features select west elm® items

• The Palettes décor, a neutral palette with two lobby accent color schemes—Renew and Alive, reflects the brand personality and offers operational sustainability.

• The SpringHill Suites S-Canvas, an interactive digital art wall, features brand curated artwork with moving elements and brand/hotel information designed to activate the lobby space and create engagement with guests. SpringHill Suites Gainesville Haymarket, VA • The 24/7 Market with “grab and go” options creates additional revenue opportunities for the property, offering elevated F&B curated selections including craft beer and wines.

• An optional bar plan is available to enhance the evening experience with detailed bar programming to help drive profitability.

• Hot complimentary breakfast with a variety of proteins, fresh fruit and healthy options, available daily.

• A dedicated business center is equipped with internet-enabled computer stations allowing guests to work at any time of the day.

SpringHill Suites Gainesville Haymarket, VA

GUEST SUITE • Spacious suites allow separate living and sleeping areas and feature custom designed items through the west elm® partnership. A sleep sofa with trundle and accent pillow offer additional space equivalent to a king size bed surface area. Other items include an ottoman with tray, floor lamp, desk lamp and task chair.

• The newly designed case goods with rustic mocca fir wood laminate, exposed metal frames and a durable, powder coat finish on table/counter-tops, provide a clean, modern look and an ease for operational maintenance.

• A new headboard design features two wall vinyl options—Onyx and Twilight.

• Suites are technically functional with USB ports strategically built-in throughout.

• Flexible options are offered for the built-in dry bar and closet.

• The spa-like, spacious one-compartment bathroom features a walk-in shower. A two-compartment bath is optional. SpringHill Suites Gainesville Haymarket, VA

OTHER AMENITIES • A larger fitness center with over 600+ square foot offers a variety of fitness equipment.

• Outdoor spaces featuring a fire pit and pool, offer places to connect and relax.

• Scalable meeting space options to meet the demands of your market. SpringHill Suites The Dunes On Monterey Bay, CA

BRANDS. LOYALTY. PARTNERSHIPS. RESULTS. MADE HERE. VISIT MARRIOTTDEVELOPMENT.COM OR CALL: 301.380.3200

SPRINGHILL SUITES FRANCHISE DISCLOSURE: The data above reflects the performance of all 304 franchised SpringHill Suites by Marriott hotels open and operating in North America for 24 months as of December 31, 2017, for which Smith Travel Research, Inc. has data and which did not undergo material renovations or expansions during the 24 months preceding December 31, 2017. Of the 304 SpringHill Suites hotels, 148 (48.7%) achieved an average occupancy rate equal to or greater than 75.1%; 111 (36.5%) achieved an average daily room rate equal to or greater than $121.25; 132 (43.4%) achieved or exceeded the average RevPAR of $91.01; and 148 (48.7%) achieved an average RevPAR Index equal to or greater than 109.5%. There were 304 franchised SpringHill Suites by Marriott hotels open and operating in North America for at least two years as of December 31, 2017, and did not undergo any material renovations during this time. Of the 304 franchised SpringHill Suites hotels, 152 (50.0%) had at least 69.5% of their gross room nights booked through the Marriott Channels and 167 (54.9%) achieved or exceeded the average percentage of Marriott Rewards contribution to Occupancy of 53.4%. 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, 2018, for additional details.

FRONT ELEVATION

SITE SUMMARY Building Length 298 feet Building Depth 65 feet Land 2.18 acres Parking 128 spaces SITE PLAN GROUND FLOOR

TYPICAL FLOOR TYPICAL UNIT MIX King 65-70% Queen/Queen 30-35%

KING WITH SHOWER QUEEN/QUEEN WITH SHOWER QUEEN/QUEEN WITH 4’6” TUB SPRINGHILL SUITES CRITERIA FACILITIES PROGRAM

GUEST SPACES QUANTITY PERCENTAGE UNIT AREA TOTAL NET (SF) BACK-OF-HOUSE TOTAL NET (SF)

Lobby Areas Administration Entrance Vestibule General Manager Office Reception Sales Office Lounge | Dining Work Room Network Zone Luggage Carts Employee Areas Public Restrooms Break Room Circulation Employee Restrooms Business Center Engineering & Maintenance Total Lobby Areas 3,116 Engineer Maintenance Office Food & Beverage Front-of-House Food & Beverage Back-of-House Buffet 177 Food Preparation Recreation Facilities Laundry Fitness Center 599 Laundry Room Swimming Pool (Outdoor - Not Included) Housekeeping Pool Equipment/Storage 125 Linen and Linen Chute Rooms Recreation Facilities Total 724 Storage Retail Elevators The Market 108 Elevators Meeting Spaces Elevator Equipment Room Meeting Room 352 Property Technology Guestrooms Elect/CATV Standard King 81 355 28,755 Server 65-70% Accessible King* 4 478 1,912 Mechanical, Plumbing & Electrical Queen/Queen 15 420 6,300 Mechanical Queen/Queen (4’-6” Tub) 17 419 7,123 Electrical 30-35% Queen/Queen (5’-0” Tub) 8 477 3,816 TOTAL BACK-OF-HOUSE 3,878 Accessible Queen/Queen* 3 476 1,428

Guestrooms Total 128 49,334 SUMMARY QUANTITY TOTAL (SF) Guestroom Corridors & Support Total Number of Guestroom Room Floors 4 Corridors/Elevator Lobby Total Number of Floors 4 Stairs Guest Spaces 62,303 Guest Laundry Back-of-House 3,878 Ice Machine Total Net Building Area 66,181 Guestroom Corridors & Support Total 8,492 Walls and Shafts (Estimated) 3,917 TOTAL GUEST SPACES 62,303 Total Gross Building Area 70,098 Total Square Feet per Room 548

The information released by Marriott® International in this communication with respect to the SpringHill Suites by Marriott project is provided to the owner and franchise community merely as a guide and all information and supporting documentation serves solely as guidelines and is not, and should not be considered final. All plans regarding this project are routinely updated and remain subject to revision and clarification.*Comply with all governing regulations for size, percentage and quantity of accessible guestrooms. November 2018 SPRINGHILL SUITES BY MARRIOTT® As the largest all suite upper moderate hotel brand, SpringHill Suites targets business travelers who seek comfort and quality but are delighted by hotels that offer a bit more than the expected. Guests enjoy spacious suites, with separate living and sleeping areas featuring a custom designed west elm™ sofa, free hot breakfast and enhanced evening beverage offerings including craft beer and wine (in most hotels) in The Market.

The prototype aligns with the needs of the SpringHill Suites guest who seeks a suite product that adds elements of style and distinctiveness. Features include: • Enhanced lobby with co-designed west elm™ furniture and maximized space for efficiency and functionality • Neutral décor palette, with two lobby accent color schemes – Renew and Alive • Architectural focal wall that serves as both a functional and design element • Array of artwork options in the public space and guest suite to complement the local area • Optional bar plan • Larger fitness center (+600 sf) • Guest suites with west elm™ co-designed items including a sleeping sofa with accent pillow (with trundle option), ottoman with tray, floor lamp, desk lamp and task chair • Headboard design in with two wall vinyl options - Onyx and Twilight • USB ports strategically built-in throughout suite • Case goods designed with rustic mocca fir wood laminate, exposed metal frames and a durable, powder coat finish on table/counter-tops

With a cost model that works in every market, SpringHill Suites is well received by owners, large REITs and investment firms and boasts a strong pipeline with over 180 hotels. By developing with , owners and franchisees harness the power of our industry leading sales, marketing, and loyalty engines.

Visit marriottdevelopment.com to learn more about building a SpringHill Suites.