Marriott International is the leading hotel corporation managing more than 3,600 hotels in over 70 countries worldwide. In 2013, this hotel will be built in down-town Belgrade, in Vasina Street. The representatives of PSP-Farman Holding and Marriott International hotel chain signed a manager’s agreement on building the first Courtyard by Marriott Hotel. The hotel value will amount to EUR 25 million. The capital reconstruction of the existing building next to the National Theatre is underway so that a large part has been already completed. Co-President of PSP-Farman Holding hopes that this hotel, despite the ongoing crisis, will become the central venue not only for businessmen, but for tourists as well. Although the project has not been completed yet, the hotel should include around 110 rooms, six floors and a loft, as well as two underground storeys as the garage with four plus star standard.