BETHESDA, Md. --
Host Marriott Corp., in three separate transactions, sold six
hotels it owned with total proceeds of approximately $223 million.
encompasses the Albuquerque (N.M.) Marriott; the Bethesda (Md.)
Marriott; the Hartford Marriott Farmington in Farmington, Conn.;
the Salt Lake City Marriott Downtown; the Tampa (Fla.) Marriott
Westshore; and the Torrance (Calif.) Marriott.
The proceeds from
the sale will be reinvested in the purchase of upper-upscale or
luxury hotels, Host Marriott said.
DiamondRock Hospitality Co. said it was one of the companies
acquiring hotels from Host Marriott, picking up the 487-room
Torrance Marriott hotel, located near Los Angeles for $61.5 million
and the 510-room Salt Lake City Marriott Downtown for $49.5
the reporter who wrote this article, send e-mail to Michael
Milligan at [email protected].