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Stock Market & Financial Investment News

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January 17, 2013
08:32 EDTHST, MARHost Hotels sells Atlanta Marriott Marquis for $293M
Host Hotels & Resorts (HST) announced that on January 11 Host Hotels & Resorts, L.P. sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293M. The hotel is subject to a long-term management agreement with Marriott International (MAR. The proceeds will be used to fund future acquisitions, pay down debt or for general corporate purposes.
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