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Hotel real estate investment trust Equity Inns Inc. said Thursday it completed its $26.2 million acquisition of three Marriott hotels from LinGate Hospitality Group.

The hotels have a combined total of 378 rooms and were bought for about $69,000 per key, the company said.

The purchase includes two SpringHill Suites by Marriott located in San Antonio and Houston and a Fairfield Inn & Suites in Atlanta.

This entry was posted on Thursday, August 17th, 2006 at 2:55 pm and is filed under Uncategorized, Hotel News by Archived. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response