The Westin St. Francis Hotel is being sold by UAL.
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In filings with the SEC, UAL Inc. said it is planning to sell the hotel to an undisclosed buyer. UAL previously had reported that it would sell two of its hotels, which it did not identify, in an attempt to raise $300 million to $500 million. “We’re trying to convert undervalued assets into cash,” spokesman Tom Germuska said.
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