Tribe sells hotel in Mystic

Mystic, Connecticut (AP) 9-07

The Mashantucket Pequot Tribal Nation has agreed to sell the Hilton Mystic to a Maryland company.

RLJ Lodging Fund II will purchase the 184-room hotel for an undisclosed sum.

The Hilton Mystic opened in 1986 across the street from the Mystic Marinelife Aquarium and down the street from Mystic Seaport.

The purchase agreement is scheduled to close in mid-October. The hotel will be managed by Crescent Hotels and Resort of Fairfax, Virginia.

The Mashantucket Pequot Tribal Nation owns and operates Foxwoods Resort Casino.

RLJ Lodging Fund II is an affiliate of a privately held real estate investment company controlled by Robert L. Johnson, the founder of Black Entertainment Television and the owner of the Charlotte Bobcats
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