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MARRIOTT COMPLETES SALE OF COURTYARD PROPERTIES

 MARRIOTT COMPLETES SALEOF COURTYARD PROPERTIES
 WASHINGTON, Feb. 10 /PRNewswire/ -- Marriott Corporation


(NYSE: MHS) said today that it has completed the previously announced sale of 13 Courtyard by Marriott hotels to a joint venture formed by affiliates of W.P. Carey of New York and Trammel Crow of Dallas for $146 million.
 Marriott will continue to operate the properties under long-term leases. The proceeds from the sale will be used to reduce debt.
 Marriott Corporation is a diversified company involved in lodging and contract services.
 -0- 2/10/92
 /CONTACT: Robert T. Souers of Marriott Corporation, 301-380-1339/
 (MHS) CO: Marriott Corporation ST: District of Columbia IN: LEI SU:


MK -- DC024 -- 8329 02/10/92 13:26 EST
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Publication:PR Newswire
Date:Feb 10, 1992
Words:116
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