Boykin Lodging Company has entered into an agreement to sell the
Radisson Suite Beach Resort-Marco Island to an unrelated third party for
a price of $58.0 million.The agreement provides for the consummation of
the sale to occur on June 30, 2006, which date may be extended at the
option of Boykin Marco for up to 30 days, and contains representations,
warranties, indemnities and closing conditions that are customary for a
transaction of this nature.
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