SOURCE: Marriott International

Marriott International

November 20, 2012 15:56 ET

First New Downtown Newark Hotel in Over 40 Years Is Now Open

Courtyard by Marriott Newark Downtown Celebrates Historic Grand Opening

NEWARK, NJ--(Marketwire - Nov 20, 2012) - The Courtyard by Marriott Newark Downtown -- a mixed-use Newark lodging and retail project that will be a significant catalyst to the economic growth of downtown Newark by bringing additional investments and employment to the Brick City -- celebrated its grand opening today.

"The opening of this Courtyard by Marriott is proof that people are coming to Newark to do business and be entertained," Newark Mayor Cory Booker said. "Visitors want to be part of the Newark story. This beautiful new building on Broad Street, built by Tucker Development and the Essex County Building Trades, will host thousands and thousands of Newark visitors. They will bring more life to our streets and tell friends when they return home what a great city Newark is."

Located just a few blocks from Newark Penn Station, the Courtyard by Marriott is the first new hotel for the City's downtown in more than four decades, making it a unique destination among hotels near EWR Airport. The development will generate a total of 50 to 75 permanent jobs through the hotel and retail operations. Marriott International manages the day-to-day hotel operation. NewarkWORKS, Newark's one-stop employment center, facilitated hiring for the hotel and will assist hiring efforts for the retail.

"As the Courtyard by Marriott Newark Downtown takes its place at the heart of Newark's revitalized downtown, we are confident in this project's success and the integral role that it will play in contributing to the neighborhood's vibrancy," said Richard Tucker, President and CEO of Tucker Development Corporation.

Located at the northeast corner of Broad Street and Lafayette Street, these Newark accommodations are adjacent to the Prudential Center, home to the National Hockey League's New Jersey Devils and host to approximately 200 sporting, concert and family events every year. "The Rock" has been a major draw for downtown Newark since its opening in 2007, attracting as many as 18,000 spectators per night for sporting events and playing an important role in the city's revitalization.

"From day one, Courtyard has prided itself as a brand that listens to what business travelers want from a hotel," said Janis Milham, vice president, Global Brand Manager, Courtyard by Marriott. "Guests want more control and choice with services and amenities that create a healthy balance between working and relaxing. We redefined the Courtyard lobby so it invites guests to get out of their rooms to work, socialize or for entertainment, whether traveling alone or with colleagues."

This EWR Airport hotel is within walking distance to Newark Penn Station, offering easy access to New Jersey Transit, NJ PATH, Newark Light Rail and Amtrak. The development's presence on the heavily traveled Broad Street presents a unique opportunity for retailers to take advantage of existing foot traffic, as well as offering an opportunity to become a new retail destination for Newark residents, visitors and patrons of the Prudential Center. The hotel is also anticipated to accommodate travelers due to its close proximity to Newark Liberty International Airport.

About Courtyard by Marriott
Courtyard by Marriott offers a refreshing environment that helps guests stay connected, productive and balanced. Intuitive services and design accommodate guests' needs for choice and control. With more than 860 locations in 30 countries, Courtyard is Marriott's largest brand. All Courtyard by Marriott hotels participate in the award-winning Marriott Rewards frequent travel program that allows members to earn hotel points or airline miles for every dollar spent during each stay. For reservations, go to http://www.marriott.com/hotels/travel/ewrdt-courtyard-newark-downtown/ or contact a travel professional.

About Tucker Development Corporation
Founded in 1996, Tucker Development Corporation specializes in the development of shopping centers and mixed-use properties in Illinois, Wisconsin, Michigan, Pennsylvania and New Jersey. The company is one of the most reliable retail and mixed-use developers in its respective markets, developing and managing quality retail and mixed-use properties totaling approximately five million square feet.

For more information on Tucker Development Corporation, visit www.tuckerdevelopment.com or for leasing information, contact Adam Moschin at (847) 926-9999 or amoschin@tuckerdevelopment.com.

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