Host Marriott Corporation today announced that it has closed on the sale
of the Plaza San Antonio, a Marriott franchised hotel in San Antonio,
Texas for total consideration of approximately $34.4 million. The proceeds
are expected to be used to repay debt obligations or for other corporate
Host Marriott is a Fortune 500 lodging real estate company, which owns 117
upscale and luxury full-service hotel properties primarily operated under
Marriott, Ritz-Carlton, Four Seasons, Hyatt and Hilton brand names.