EXHIBIT INDEX

Exhibit No.:         Description:
99.1                 Letter from the General Partner to the Limited Partners of 
                     the Partnership, dated October 1, 1998









                                                                    EXHIBIT 99.1
October 1, 1998









Dear Limited Partner:

The  General  Partner  previously  advised  you that it is  reviewing  strategic
alternatives that could result in increased  liquidity for Limited Partners.  In
December 1997, we reported that Host Marriott Corporation ("Host"), on behalf of
the  General  Partner,  filed a  preliminary  Prospectus  /Consent  Solicitation
Statement  with  the  SEC.  This  statement   proposed  the  consolidation  (the
"Consolidation") of this Partnership and five other limited  partnerships into a
publicly traded real estate investment trust (REIT).  Subsequently,  we reported
to you  that  there  were  existing  REITs  active  in the  moderate  price  and
extended-stay  hotel segment that had expressed an interest in acquiring some of
the hotels owned by the six limited  partnerships.  The General Partner retained
Merrill Lynch to advise the Partnerships with respect to these alternatives.

You may also be aware that although the hotel  industry is generally  continuing
to report improving  operating results,  stock prices for the companies that own
hotels,  including REITs,  have been on a downward slide.  There are a number of
reasons  given by the  industry's  analysts  for this  development  ranging from
increased  supply in certain  segments of the market to the global market trends
influencing the US securities markets.  The effect of these developments is that
many of the  traditional  purchasers  of  hotels  such  as  those  owned  by the
Partnership are restricted in their ability to raise capital to purchase hotels.
Although over the past months we have reviewed  various  alternatives,  to date,
there  have been no  acceptable  offers  from  third  parties  to  purchase  the
Partnership's hotels.

These same market conditions have adversely affected the proposed  Consolidation
that would  form a new REIT  focused on limited  service  hotels.  The  original
Consolidation  plan  included an initial  public  offering of the REIT's  common
shares. We have been advised that it would be difficult to raise the appropriate
level of outside equity and that the perceived benefits of the Consolidation are
not achievable at this time.  Therefore,  we are not pursuing the plan to form a
new REIT.

We are continuing to work with Merrill Lynch to explore alternatives designed to
maximize the long term value of your investment.  We will promptly advise you of
any developments.

We currently  anticipate  that the cash  distribution  paid from 1998 operations
will be comparable to the  distribution  from 1997 operations of $50 per limited
partner unit. However,  actual distributions may be higher or lower depending on
actual Hotel operating results for the remainder of the year as well as the need
to  reserve  funds  for  future  property   improvement  fund  shortfalls.   The
distribution from 1998 operations will be made in February 1999.

If you have any questions  regarding the information in this letter or any other
aspect of your  investment,  please contact  Partnership  Investor  Relations at
301/380-2070.

Sincerely yours,

MARRIOTT RIBM TWO CORPORATION
General Partner

/s/ Bruce F. Stemerman

Bruce F. Stemerman
President