Host Marriott Corporation Announces the Completion of the Sale of the Swissotel The Drake, New York

BETHESDA, Md., March 31  /PRNewswire-FirstCall/ -- Host Marriott Corporation (NYSE:HMT) announced today that it has completed the previously announced sale of the Swissotel The Drake, New York.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20040324/HOSTMARRIOTTLOGO )

Host Marriott Corporation is a Fortune 500 lodging real estate company that currently owns or holds controlling interests in 102 upper-upscale and luxury hotel properties primarily operated under premium brands, such as Marriott(R), Ritz-Carlton(R), Hyatt(R), Four Seasons(R), Fairmont(R), Hilton(R) and Westin(R) (*).  For further information, please visit the Company's website at http://www.hostmarriott.com/.

  (*)  This press release contains registered trademarks that are the
       exclusive property of their respective owners.  None of the owners of
       these trademarks has any responsibility or liability for any
       information contained in this press release.


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DATASOURCE: Host Marriott Corporation



CONTACT:  Kevin J. Jacobs, Vice President, [phone], or Gregory J.

Larson, Senior Vice President, [phone], both of Host Marriott

Corporation



Web site:  http://www.hostmarriott.com/ 

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