Equity Inns Gets Keys to Eight Hotels for $91M

GERMANTOWN, TN-The locally based hospitality firm is acquiring four Residence Inn by Marriotts, two Courtyard by Marriotts, a Fairfield Inn and Suites and a Fairfield Inn.

By Natalie Keith | August 23, 2007 at 02:12 PM

The hotels in the portfolio include four Residence Inn by Marriott properties located in Spokane, WA; Shreveport, LA; Albuquerque, and Kansas City, MO; two Courtyard by Marriott hotels located in Reno, NV and Shreveport, LA; a Fairfield Inn and Suites located in Reno, NV; and a Fairfield Inn located in Shreveport, LA.

The transaction was approved by the locally based REIT's board of directors and is expected to close in the fourth quarter. The company currently owns 133 hotels with 15,822 rooms located in 35 states.

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