The Virginian-Pilot
                            THE VIRGINIAN-PILOT  
              Copyright (c) 1995, Landmark Communications, Inc.

DATE: Wednesday, May 24, 1995                TAG: 9505240519
SECTION: BUSINESS                 PAGE: D1   EDITION: FINAL  
TYPE: Daily Digest
                                             LENGTH: Short :   31 lines

CORRECTION/CLARIFICATION: ***************************************************************** The Omni Waterside Hotel in Norfolk has not changed local management, as stated in a BusinessNews digest item Wednesday. Only the structure of the owner partnership has changed. Prudential Real Estate Investors has joined the existing partnership of Intertech Corp. and HEI Hotels, which owns and manages the hotel. Correction published , Thursday, May 25, 1995, P. A2 ***************************************************************** OMNI WATERSIDE HOTEL GETS NEW MANAGEMENT

The Omni Waterside Hotel in Norfolk has a new owner and manager. Prudential Real Estate Investors formed a joint venture with Intertech Corp. and HEI Hotels to own and operate four hotels, including the Omni. Financial terms were not disclosed. The other three hotels under new management include the BWI Marriott at Baltimore-Washington International Airport, the Crowne Plaza in Edison, N.J., and the Hilton Hotel in Novi, Mich. The hotels were previously owned by an Intertech/HEI partnership and managed by HEI. (Staff) by CNB