	four seasons buying marriott mhs hotel four seasons hotels inc and vms realty partners said they agreed to uire the santa barbara biltmore hotel in california from marriott corp for undisclosed terms closing was expected by march they added the companies said they would jointly own the hotel and rename it the four seasons biltmore at santa barbara they said they would spend more than mln u s dlrs to enhance the biltmore s position as one of the finest resort hotels in north america chicago based vms realty is a real estate and development firm reuter 
