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by Michael C. Lowe | February 23, 2011

 Bethesda, Md.-based Host Hotels & Resorts Inc. has announced a deal to purchase the 1,625-room Manchester Grand Hyatt San Diego hotel for $570 million. The transaction will close in March. The property features a rooftop pool with a 25,000-square-foot deck, several dining options and more than 125,000 square feet of event space.