Host Marriott To Sell 85 Per Cent Of Its Courtyard Joint Venture Interest
Host Marriott Corporation and Marriott International, Inc. have announced the signing of a purchase and sale agreement with Sarofim Realty Advisors, on behalf of an institutional investor, where Sarofim will acquire a majority interest in the Courtyard joint venture.

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Record Numbers To Travel In US For Christmas-New Year Holiday
Two holiday weekends during the period will likely push Christmas-New Year's holiday travel to its highest level ever, according to American Automobile Association (AAA).