Host Hotels sells Marriott Marquis hotel in Atlanta for $293M

01/18/2013 | Atlanta Journal-Constitution, The

Host Hotels & Resorts announced its sale of the Marriott Marquis hotel in Atlanta to an undisclosed buyer. The 1,663-room property was sold for $293 million as part of an initiative by Host Hotels to shed assets. "I am excited to report our continued success in executing our asset sale strategy. In the past 12 months, we have sold four hotels for approximately $450 million," Gregory J. Larson, an executive vice president at Host Hotels, said in a statement.

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Atlanta Journal-Constitution, The

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