-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 AAEXA4JBUGoeO0i6QYfx43M3Tuga1gbVVaJlCEq9Akx4oY9Qye1kdxD9BvnllVzI
 QpDzA6RbwhjoyksJJNE8pg==

<SEC-DOCUMENT>0000919574-04-001817.txt : 20040602
<SEC-HEADER>0000919574-04-001817.hdr.sgml : 20040602
<ACCEPTANCE-DATETIME>20040602145025
ACCESSION NUMBER:		0000919574-04-001817
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040601
FILED AS OF DATE:		20040602

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MERCED PARTNERS LIMITED PARTNERSHIP
		CENTRAL INDEX KEY:			0000876001

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15097
		FILM NUMBER:		04844118

	MAIL ADDRESS:	
		STREET 1:		601 CARLSON PARKWAY
		STREET 2:		STE 200
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55304

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KALMIA INVESTORS LLC
		CENTRAL INDEX KEY:			0001255949
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15097
		FILM NUMBER:		04844120

	MAIL ADDRESS:	
		STREET 1:		601 CARLSON PARKWAY
		STREET 2:		STE 200
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55305

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FREY MICHAEL J
		CENTRAL INDEX KEY:			0001262774

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15097
		FILM NUMBER:		04844116

	MAIL ADDRESS:	
		STREET 1:		601 CARLSON PARKWAY
		STREET 2:		STE 200
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55304

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BRANDENBORG JOHN D
		CENTRAL INDEX KEY:			0001262938

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15097
		FILM NUMBER:		04844115

	MAIL ADDRESS:	
		STREET 1:		601 CARLSON PAREKWAY
		STREET 2:		STE 200
		CITY:			MINNETONK
		STATE:			MN
		ZIP:			55304

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GLOBAL CAPITAL MANAGEMENT INC/MN
		CENTRAL INDEX KEY:			0001034884

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15097
		FILM NUMBER:		04844117

	BUSINESS ADDRESS:	
		STREET 1:		601 CARLSON PARKWAY
		STREET 2:		SUITE 200
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55305

	MAIL ADDRESS:	
		STREET 1:		601 CARLSON PARKWAY
		STREET 2:		SUITE 200
		CITY:			MINNETONK
		STATE:			MN
		ZIP:			55305

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WESTIN HOTELS LTD PARTNERSHIP
		CENTRAL INDEX KEY:			0000790549
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				911328985
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		777 WESTCHESTER AVE
		CITY:			WHITE PLAINS
		STATE:			NY
		ZIP:			10604
		BUSINESS PHONE:		2064435000

	MAIL ADDRESS:	
		STREET 1:		2001 SIXTH AVENUE
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98121

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SMITHTOWN BAY LLC
		CENTRAL INDEX KEY:			0001057105

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15097
		FILM NUMBER:		04844119

	BUSINESS ADDRESS:	
		STREET 1:		601 CARLSON PARKWAY
		STREET 2:		SUITE 200
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55305
		BUSINESS PHONE:		6124767200

	MAIL ADDRESS:	
		STREET 1:		601 CARLSON PARKWAY
		STREET 2:		SUITE 200
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55305
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p490332_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-06-01</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000790549</issuerCik>
        <issuerName>WESTIN HOTELS LTD PARTNERSHIP</issuerName>
        <issuerTradingSymbol>YYNIA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001255949</rptOwnerCik>
            <rptOwnerName>KALMIA INVESTORS LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>601 CARLSON PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>STE 200</rptOwnerStreet2>
            <rptOwnerCity>MINNETONKA</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55305</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001057105</rptOwnerCik>
            <rptOwnerName>SMITHTOWN BAY LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>601 CARLSON PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 200</rptOwnerStreet2>
            <rptOwnerCity>MINNETONKA</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55305</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000876001</rptOwnerCik>
            <rptOwnerName>MERCED PARTNERS LIMITED PARTNERSHIP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>601 CARLSON PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>STE 200</rptOwnerStreet2>
            <rptOwnerCity>MINNETONKA</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55304</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001034884</rptOwnerCik>
            <rptOwnerName>GLOBAL CAPITAL MANAGEMENT INC/MN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>601 CARLSON PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 200</rptOwnerStreet2>
            <rptOwnerCity>MINNETONKA</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55305</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001262774</rptOwnerCik>
            <rptOwnerName>FREY MICHAEL J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>601 CARLSON PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>STE 200</rptOwnerStreet2>
            <rptOwnerCity>MINNETONKA</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55304</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001262938</rptOwnerCik>
            <rptOwnerName>BRANDENBORG JOHN D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>601 CARLSON PAREKWAY</rptOwnerStreet1>
            <rptOwnerStreet2>STE 200</rptOwnerStreet2>
            <rptOwnerCity>MINNETONK</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55304</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Units of Limited Partnership Interests</value>
            </securityTitle>
            <transactionDate>
                <value>2004-06-01</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2004-06-01</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>20</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>725</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>38505</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <remarks>(+)  Kalmia Investors, LLC is executing this report on behalf of Smithtown Bay, LLC, Merced Partners Limited Partnership,
 Global Capital Management, Inc., Michael J. Frey and John D. Brandenborg (collectively, the &quot;Reporting Persons&quot;). Smithtown
 Bay, LLC is the manager of Kalmia Investors, LLC.  Global Capital Management, Inc. is the manager of Smithtown Bay, LLC.
 Merced Partners Limited Partnership is the sole owner of all of the members of Kalmia Investors, LLC, including its manager
 Smithtown Bay, LLC.  Michael J. Frey and John D. Brandenborg are the sole officers and directors of Global Capital
 Management, Inc.

(++)  Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of his or
 its pecuniary interest therein.  The Reporting Persons affirmatively disclaim being a &quot;group&quot; for purposes of Section 16 of
 the Securities Exchange Act of 1934, as amended.</remarks>

    <ownerSignature>
        <signatureName>Kalmia Investors, LLC(+)(++) By: Smithtown Bay, LLC, Its Managere By: Global Capital Management, Inc., Its Manager By: /s/ Michael J. Frey, CEO</signatureName>
        <signatureDate>2004-06-02</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Smithtown Bay LLC(+)(++) By: Global Capital Management, Inc., Its Manager By: /s/ Michael J. Frey, CEO</signatureName>
        <signatureDate>2004-06-02</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Merced Partners Limited Partnership(+)(++) By: Global Capital Management, Inc, Its General Partner By: /s/ Michael J. Frey, CEO</signatureName>
        <signatureDate>2004-06-02</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Global Capital Management, Inc.(+)(++) By: /s/ Michael J. Frey, CEO</signatureName>
        <signatureDate>2004-06-02</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By:  /s/ Michael J. Frey, CEO(+)(++)</signatureName>
        <signatureDate>2004-06-02</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By: /s/ John D. Brandenborg(+)(++)</signatureName>
        <signatureDate>2004-06-02</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----