CB Richard Ellis Hotels Closes Sale of Houston Galleria Marriott
HOUSTON, TX, April 20, 2006. CB Richard Ellis Hotels has sold the Houston Galleria Marriott Hotel for seller LBUBS 2001-C3 Houston Galleria Limited Partnership to Moody International. The price was not disclosed.
The 316-unit Courtyard by Marriott/Fairfield Inn, located on 3.9 acres along West Loop 610 in the Galleria, was built in the late 1960s as a Holiday Inn Hotel and converted in the mid-90s
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
