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HEI |
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FRESH off its $77 million acquisition of the 393-room Hilton Long Beach Hotel and Executive Meeting Center, HEI Hospitality said it will try to acquire an additional three to five West Coast hotels. A licensing pact announced last week enables HEI to embed Phone. In January, Intertech made headlines with the sale of HEI Hotels LLC, a Connecticut-based hotel operating company in which it holds a major interest, and the hotel properties that it owned in joint venture with PRISA II, an institutional real estate investment fund managed by Prudential Life Insurance Company. |
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