Host Marriott Announces Acquisition of Boston Marriott Copley Place for $214 Million
BETHESDA, Md., June 18 /PRNewswire-FirstCall/ — Host Marriott Corporation (NYSE:HMT) today announced that it acquired the 1,139-room Boston Marriott Copley Place, located in the famous Back Bay district of Boston, Massachusetts. The hotel was purchased for $214 million, or $188,000 per room. The purchase price includes the assumption of $97 million of debt, with an … Read more