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HOST MARRIOTT SUSPENDS NEGOTIATIONS TO ACQUIRE CIGAHOTELS

 WASHINGTON, Dec. 14 /PRNewswire/ -- Host Marriott Corporation (NYSE: HMT) said today that it has suspended negotiations to acquire Milan, Italy-based Cigahotels SpA. Host Marriott suspended negotiations because it was not provided access to information to meet offers from competing companies.
 Host Marriott has been in discussions regarding the possible acquisition of Cigahotels. Marriott International (NYSE: MAR) would operate some or all of the hotels if an acquisition by Host Marriott was completed.
 -0- 12/14/93
 /CONTACT: Nick Hill of Host Marriott, 301-380-7484/
 (HMT MAR)


CO: Host Marriott Corporation; Cigahotels SpA; Marriott International ST: District of Columbia IN: FIN LEI SU:

MH-DC -- DC022 -- 3678 12/14/93 13:05 EST
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Publication:PR Newswire
Date:Dec 14, 1993
Words:110
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