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HEI Hospitality Acquires 289-Room Westin Hotel

$89 Million Purchase Latest in Over $1.4 Billion in Hotel Acquistions by HEI
By Mary Lou Hunsberger
December 12, 2005 | 4:47 P.M.

HEI Hospitality, the voracious hotel acquisition firm, added the Westin Philadelphia to its fast-growing portfolio, paying seller Starwood Hotels and Resorts Worldwide $89 million dollars, or just over $307,958 per room.

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