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REIT Acquires DFW Airport Marriott Hotel

Highland Hospitality Buys 491-Room Hotel for $59M
By Reggie Booker
May 14, 2004 | 1:20 P.M.

Highland Hospitality Corp., a newly formed lodging real estate investment trust, acquired of the 491-room Dallas/Fort Worth Airport Marriott hotel for $59 million in cash, about $120,000 per room, plus customary closing adjustments.

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