Big Deals, October 2006

By Staff -- HOTELS Magazine, 10/1/2006

Property Name	Est. Sales Price US$	# of Rooms	Month of Sale	Buyer	Seller
The Hyatt Regency Newport Hotel & Spa, Newport, RI	Not Disclosed	264	October, 06	Amstar Group, LLC and Davidson Hotel Company	Hyatt Equities
2 Courtyard by Marriott, 1 Residence Inn, 1 SpringHill Suites, KY	$53.8 million	429	October, 06	Equity Inns, Inc.	Musselman Hotels, LLC
2 Residence Inns, 1 Hilton Suites, 1 Hilton, CA	$215 million	931	October, 06	Innkeepers USA Trust	RLJ Urban Lodging Fund, L.P.
Holiday Inn Wall Street	$51.5 million	138	September, 06	LaSalle Hotel Properties	Undiscolosed
7 InterContinental Hotels, Continental Europe	$795 million	2,537	September, 06	Morgan Stanley Real Estate Funds	InterContinental Hotels Group
Outrigger -- Selected Australia and New Zealand Assets*	Not Disclosed	N/A	December, 06	MFS Limited	Outrigger Enterprises Group

N/A = Not Available

* The transaction includes the sale of management and letting rights—and associated real estate interests—for 13 properties Outrigger manages in Australia and New Zealand, plus the management rights for six additional projects currently under development. The Outrigger brand and the right to use it, and Outrigger's other Pacific operations—including six properties operating or under development in Bali, Fiji, Tahiti and Guam—are not included in the transaction.