WASHINGTON, D.C. MeriStar Hospitality Corp. has acquired the leases for four of its hotels from affiliates of Prime Hospitality Corp. Concurrently, MeriStar signed long-term management contracts for the properties with its sister company, MeriStar Hotels & Resorts.
The properties involved in the Prime Hospitality transaction include: the 225-room Sheraton Crossroads Hotel and the 139-room Ramada Hotel, both in Mahwah, NJ; the 124-room Four Points Hotel by Sheraton in Mt. Arlington, NJ; and the 150-room Ramada Plaza Hotel in Meridien, CT. (5/2/01)