Equity Inns Completes the Purchase of Orlando, Florida Embassy Suites
June 22 2006 - 3:00PM
Business Wire
Equity Inns, Inc. (NYSE: ENN), the third largest hotel real estate
investment trust (REIT), today 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. About Equity Inns Equity Inns, Inc. is a
self-advised REIT that focuses on the upscale extended stay,
all-suite and midscale limited-service segments of the hotel
industry. The Company, which ranks as the third largest hotel REIT
based on number of hotels, currently owns 126 hotels with 15,091
rooms located in 36 states. For more information about Equity Inns,
visit the Company's Web site at www.equityinns.com.
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