Equity Inns Completes Orlando Purchase
ORLANDO, FL, June 23, 2006. Equity Inns has announced the completion of the purchase of the 246-suite Embassy Suites/International Drive in Orlando.
The Hilton branded hotel is located approximately one mile north of the Orlando Convention Center, which just completed a 1.5 million square foot addition.
The hotel recently completed a significant renovation of its public areas and guestrooms.
Equity Inns expects to invest additional capital to complete new Embassy brand upgrades.
This is the first Embassy Suites brand hotel purchased by the Company.
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 
