WASHINGTON— Marriott International sold the Seattle Marriott Waterfront hotel to CNL Hospitality Properties, Inc. for approximately $89 million in cash. Marriott International developed and will continue to operate the hotel under a long-term management agreement with CNL Hospitality Properties, Inc. The 358-room hotel overlooks Seattles Elliott Bay and is located along the central waterfront and within walking distance of major attractions and shopping. The hotel offers 11 meeting rooms and over 11,000 square feet of meeting space. All guestrooms at the hotel overlook Elliott Bay, with views of the Puget Sound and the Olympic Mountain range.
