Host Marriott Corporation completed the previously announced sale of the
Atlanta Marriott Norcross hotel and the Fullerton Marriott at California
State University hotel for total proceeds of approximately $19 million.
The proceeds are expected to be used to repay debt obligations or for
other corporate purposes.Host Marriott is a Fortune 500 lodging real estate Company that currently
owns or holds controlling interests in 111 upscale and luxury hotel
properties primarily operated under premium brands, such as Marriott,
Ritz-Carlton, Hyatt, Four Seasons, Westin and Hilton. For further
information, please visit the Company’s website at
http://www.hostmarriott.com/.
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