Article: Servico, Inc. Acquires Hilton Hotel - Columbia, Maryland and Holiday Inn - Jamestown, New York.

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Nov. 11, 1997--Servico, Inc. (NYSE:SER), a nationwide owner and operator of hotels, today announced the purchase of the Hilton Hotel in Columbia, Maryland, and the Holiday Inn in Jamestown, New York.

These two hotels, with a combined total of 302 rooms, represent a continuation of the growth of the Servico hotel portfolio. Servico has now purchased seven hotels in 1997 with five of these purchases occurring in the past 45 days.

The Columbia Hilton is located in Howard County, Maryland, which is midway between Washington, D.C. and Baltimore. This full service 152 room hotel contains more than 6,400 square ...

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