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Oracle purchases San Mateo Marriott

Well, this is a strange one, isn’t it? Billed as being “part of Oracle’s expansion into the hospitality business,” the Redwood City software company closed a major deal this Wednesday with the massive San Mateo Marriott near SFO. Larry Ellison’s corporation bought the 476-suite hotel for a sweet $132 million. Ellison himself personally owns several hotel properties around the world—the Four Seasons Resort in Hawaii and the Epiphany Hotel in Palo Alto—but this is the first hotel purchase for his company.
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