Exhibit (a)(3)





August 30, 2006



TO:            BAC HOLDERS OF CRI Hotel Income Partners LP

SUBJECT:       OFFER TO PURCHASE BACs

Dear BAC Holder:

As  described  in  the  enclosed  Offer  to  Purchase  and  related  Letters  of
Transmittal   (the  "Offer")  the   Purchasers   named  in  the  attached  Offer
(collectively   the  "Purchasers")  are  offering  to  purchase  all  beneficial
assignment certificates  representing limited partnership interests (the "BACs")
in CRI Hotel Income  Partners LP (the  "Partnership")  at a purchase price equal
to:

                                   $10 per BAC
                                   -----------

The Offer will provide you with an  opportunity  to liquidate  all, or a portion
of,  your  investment  in  CRI  Hotel  Income  Partners  LP  without  the  usual
transaction costs associated with market sales or partnership transfer fees.

After  carefully  reading the enclosed  Offer, if you elect to tender your BACs,
mail (using the  enclosed  pre-addressed,  postage  paid  envelope) or fax (then
mail) a duly completed and executed copy of the Letter of  Transmittal  (printed
on yellow paper) and change of address forms,  and any other documents  required
by the Letter of Transmittal, to the Depositary for the Offer at:

                         MacKenzie Patterson Fuller, LP
                               1640 School Street
                            Moraga, California 94556
                            Facsimile: (925) 631-9119


If you have any questions or need assistance, please call the Depository at
800-854-8357.

This Offer expires (unless extended) October 4, 2006.