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                       Securities and Exchange Commission

                             Washington, D.C. 20549

                                    Form 10-Q



             X      Quarterly  Report  Pursuant  to  Section 13 or 15(d
                          of the Securities Exchange Act of 1934

                          For the Quarter ended March 27, 1998

                                       OR
                    Transition Report Pursuant to Section 13 or 15(d)
                          of the Securities Exchange Act of 1934

                         Commission File Number: 0-15736

                    COURTYARD BY MARRIOTT LIMITED PARTNERSHIP
   -----------------------------------------------------------------------------
          (Exact name of registrant as specified in its charter)
   
                 Delaware                             52-1468081
            ------------------                    -------------------
      (State or other jurisdiction of      (I.R.S. Employer Identification No.)
       incorporation or organization)


            10400 Fernwood Road
             Bethesda, Maryland                         20817
         -----------------------------             -----------------
    (Address of principal executive offices)          (Zip Code)

        Registrant's telephone number, including area code: 301-380-2070

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months and (2) has been subject to such filing requirements for
the past 90 days.  Yes ____ No ____ (Not  Applicable).  On August 25, 1992,  the
Registrant  filed an application  for relief from the reporting  requirements of
the Securities  Exchange Act of 1934 pursuant to Section 12(h) thereof.  Because
of the pendency of such application, the Registrant was not required to, and did
not make,  any filings  pursuant  to the  Securities  Exchange  Act of 1934 from
October 23, 1989 until the application was voluntarily  withdrawn on January 27,
1998.
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<PAGE>


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                    COURTYARD BY MARRIOTT LIMITED PARTNERSHIP
================================================================================


                             TABLE OF CONTENTS
                                                                        PAGE NO.
                      PART I - FINANCIAL INFORMATION


Item 1.    Financial Statements

Condensed Statement of Operations
Twelve Weeks Ended March 27, 1998 and March 28, 1997...........................1

Condensed Balance Sheet
March 27, 1998 and December 31, 1997...........................................2

Condensed Statement of Cash Flows
Twelve Weeks ended March 27, 1998 and March 28, 1997...........................3

Notes to Condensed Financial Statements........................................4

Item 2.    Management's Discussion and Analysis of Financial
              Condition and Results of Operations..............................6



                       PART II - OTHER INFORMATION


Item 1.    Legal Proceedings...................................................8

Item 6.    Exhibits and Reports on Form 8-K....................................9






<PAGE>







                                                             

                          PART I. FINANCIAL INFORMATION

                          ITEM 1. FINANCIAL STATEMENTS

                    COURTYARD BY MARRIOTT LIMITED PARTNERSHIP
                        CONDENSED STATEMENT OF OPERATIONS
                                   (Unaudited)
                     (in thousands except per Unit amounts)
   <TABLE>
                                                                                               Twelve Weeks Ended
                                                                                           March 27,         March 28,
                                                                                              1998              1997
                                                                                         --------------    --------------
   <S>                                                                                   <C>               <C>
REVENUES.................................................................................$       23,777    $       21,688
                                                                                         --------------    --------------

OPERATING COSTS AND EXPENSES
  Depreciation...........................................................................         3,968             4,107
  Base and Courtyard management fees.....................................................         2,776             2,607
  Incentive management fees..............................................................         2,235                --
  Ground rent, taxes and other...........................................................         3,864             3,597
                                                                                         --------------    --------------

     Total Operating Costs and Expenses..................................................        12,843            10,311
                                                                                         --------------    --------------

OPERATING PROFIT.........................................................................        10,934            11,377
  Interest expense.......................................................................        (6,253)           (5,580)
  Interest income........................................................................           124                84
                                                                                         --------------    --------------

NET INCOME BEFORE EXTRAORDINARY ITEMS....................................................         4,805             5,881

EXTRAORDINARY ITEMS
  Gain on forgiveness of deferred fees...................................................            --            14,896
  Loss on extinguishment of debt.........................................................            --            (2,423)
                                                                                         --------------    --------------

                                                                                                      --            12,473

NET INCOME...............................................................................$        4,805    $       18,354
                                                                                         ==============    ==============

ALLOCATION OF NET INCOME
  General Partner........................................................................$          240    $          918
  Limited Partners.......................................................................         4,565            17,436
                                                                                         --------------    --------------

                                                                                         $        4,805    $       18,354
                                                                                         ==============    ==============

NET INCOME BEFORE EXTRAORDINARY ITEMS PER
  LIMITED PARTNER UNIT (1,150 Units).....................................................$        3,969    $        4,858
                                                                                         ==============    ==============

NET INCOME PER LIMITED PARTNER UNIT (1,150 Units)........................................$        3,969    $       15,162
                                                                                         ==============    ==============


                  See Notes to Condensed Financial Statements.

</TABLE>
<PAGE>


                    COURTYARD BY MARRIOTT LIMITED PARTNERSHIP
                             CONDENSED BALANCE SHEET
                                 (in thousands)
   <TABLE>

                                                                                            March 27,       December 31,
                                                                                               1998               1997
                                                                                            (Unaudited)
<S>                                                                                       <C>               <C>
ASSETS

   Property and equipment, net............................................................$      303,931    $       305,156
  Due from Courtyard Management Corporation...............................................         5,927              4,913
  Other assets............................................................................         7,468              7,923
  Restricted cash.........................................................................         6,699              7,964
  Cash and cash equivalents...............................................................         9,677              5,450
                                                                                          --------------    ---------------

                                                                                          $      333,702    $       331,406
                                                                                          ==============    ===============


LIABILITIES AND PARTNERS'  DEFICIT

LIABILITIES
   Mortgage debt..........................................................................$      318,622    $       320,407
   Due to Marriott International, Inc. and affiliates.....................................        19,562             19,616
   Due to Host Marriott Corporation.......................................................        13,741             13,594
   Incentive management fees due to Courtyard Management Corporation......................         6,083              6,476
   Accounts payable and accrued liabilities...............................................         2,474              2,898
                                                                                          --------------    ---------------

     Total Liabilities....................................................................       360,482            362,991
                                                                                          --------------    ---------------

PARTNERS' DEFICIT
   General Partner........................................................................           (14)              (254)
   Limited Partners.......................................................................       (26,766)           (31,331)
                                                                                          --------------    ---------------

     Total Partners' Deficit..............................................................       (26,780)           (31,585)
                                                                                          --------------    ---------------

                                                                                          $      333,702    $       331,406
                                                                                          ==============    ===============










                  See Notes to Condensed Financial Statements.

   </TABLE>
<PAGE>


                    COURTYARD BY MARRIOTT LIMITED PARTNERSHIP
                        CONDENSED STATEMENT OF CASH FLOWS
                                   (Unaudited)
                                 (in thousands)
   <TABLE>

                                                                                                Twelve Weeks Ended
                                                                                           March 27,          March 28,
                                                                                              1998              1997
                                                                                         --------------    ---------
   <S>                                                                                    <C>              <C>
OPERATING ACTIVITIES
   Net income............................................................................$        4,805    $       18,354
   Extraordinary items...................................................................            --           (12,473)
                                                                                         --------------    --------------

   Income before extraordinary items.....................................................         4,805             5,881
   Noncash items.........................................................................         4,219             4,624
   Changes in operating accounts.........................................................        (1,623)           (9,740)
                                                                                         --------------    --------------

     Cash provided by operating activities...............................................         7,401               765
                                                                                         --------------    --------------

INVESTING ACTIVITIES
   Additions to property and equipment, net..............................................        (2,743)           (2,507)
   Change in property improvement funds..................................................           353            (6,529)
                                                                                         --------------    --------------

     Cash used in investing activities...................................................        (2,390)           (9,036)
                                                                                         --------------    --------------

FINANCING ACTIVITIES
   Proceeds from mortgage debt ..........................................................            --           325,000
   Repayments of mortgage debt ..........................................................        (1,785)         (288,975)
   Change in restricted cash.............................................................         1,003                --
   Payment of financing costs............................................................            (2)           (5,342)
   Capital distributions.................................................................            --              (121)
                                                                                         --------------    --------------

     Cash (used in) provided by financing activities.....................................          (784)           30,562
                                                                                         --------------    --------------

INCREASE IN CASH AND CASH EQUIVALENTS....................................................         4,227            22,291

CASH AND CASH EQUIVALENTS at beginning of period.........................................         5,450            12,709
                                                                                         --------------    --------------

CASH AND CASH EQUIVALENTS at end of period...............................................$        9,677    $       35,000
                                                                                         ==============    ==============

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
   Cash paid for mortgage interest.......................................................$        6,289    $        7,625
                                                                                         ==============    ==============





                  See Notes to Condensed Financial Statements.
</TABLE>
<PAGE>


                    COURTYARD BY MARRIOTT LIMITED PARTNERSHIP
                     NOTES TO CONDENSED FINANCIAL STATEMENTS
                                   (Unaudited)



1.     The accompanying condensed financial statements have been prepared by the
       Courtyard By Marriott  Limited  Partnership (the  "Partnership")  without
       audit.  Certain information and footnote disclosures normally included in
       financial  statements  presented in accordance  with  generally  accepted
       accounting   principles   have  been   condensed   or  omitted  from  the
       accompanying  statements.  The Partnership  believes the disclosures made
       are adequate to make the information  presented not misleading.  However,
       the condensed financial statements should be read in conjunction with the
       Partnership's  financial  statements  and notes  thereto  included in the
       Partnership's 10-K for the fiscal year ended December 31, 1997.

       In the opinion of the Partnership,  the accompanying  unaudited condensed
       consolidated  financial statements reflect all adjustments (which include
       only  normal  recurring  adjustments)  necessary  to  present  fairly the
       financial  position of the  Partnership as of March 27, 1998 and December
       31,  1997,  and the results of  operations  and cash flows for the twelve
       weeks ended March 27, 1998 and March 28,  1997.  Interim  results are not
       necessarily indicative of fiscal year performance because of seasonal and
       short-term variations.

       For financial  reporting  purposes,  the net income of the Partnership is
       allocated  95% to the Limited  Partners  and 5% to the  General  Partner.
       Significant  differences  exist  between  the net  income  for  financial
       reporting  purposes and the net income  reported  for Federal  income tax
       purposes.  These  differences are due primarily to the use for income tax
       purposes of accelerated  depreciation methods,  shorter depreciable lives
       for the assets,  difference in the timing of  recognition of certain fees
       and straight-line rent adjustments.

2.     Certain  reclassifications  were  made  to the  prior  quarter  financial
       statements to conform to the current quarter presentation.

3. Revenues consist of Hotel operating results as follows:
   <TABLE> 
                                                                                               Twelve Weeks Ended
                                                                                            March 27,         March 28,
                                                                                              1998              1997
                                                                                               (in thousands)
       <S>                                                                               <C>               <C>
       HOTEL SALES
           Rooms.........................................................................$       41,794    $       38,901
           Food and beverage.............................................................         2,987             3,023
           Other.........................................................................         1,491             1,524
                                                                                         --------------    --------------
                                                                                                 46,272            43,448
                                                                                         --------------    --------------
       HOTEL EXPENSES
           Departmental direct costs
              Rooms......................................................................         8,829             8,254
              Food and beverage..........................................................         2,556             2,500
           Other hotel operating expenses................................................        11,110            11,006
                                                                                         --------------    --------------
                                                                                                 22,495            21,760
                                                                                         --------------    --------------

       REVENUES..........................................................................$       23,777    $       21,688
                                                                                         ==============    ==============
   </TABLE>
4.     In December  1997,  Host  Marriott  Corporation  on behalf of the General
       Partner,  CBM One  Corporation,  filed a  preliminary  Prospectus/Consent
       Solicitation  Statement  (the "S-4")  with the  Securities  and  Exchange
       Commission which proposed the consolidation (the "Consolidation") of this
       Partnership  and five other limited  partnerships  into a publicly traded
       real estate  investment  trust  ("REIT").  The  General  Partner has been
       working  to  resolve   various  open  issues   concerning   the  proposed
       Consolidation.

       In addition,  there are existing  REIT's which are active in the moderate
       price and extended stay hotel segment that have  expressed an interest in
       the six limited  partnerships.  Therefore,  the  General  Partner has had
       preliminary  discussions  with  some  of  these  companies.  Although  no
       agreements have yet been reached, the General Partner continues to pursue
       the possibility of a potential  transaction  involving the  Partnership's
       assets or a merger of the  Partnership  with an existing  publicly traded
       company.

       The General Partner has retained  Merrill Lynch to advise the Partnership
       with respect to the Partnership's strategic  alternatives,  including the
       original Consolidation plan and other available alternatives. The General
       Partner intends to continue to explore these  alternatives  and determine
       which path to pursue, obviously subject to appropriate partner approval.




<PAGE>


ITEM 2.         MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                AND RESULTS OF OPERATIONS


FORWARD-LOOKING STATEMENTS

Certain  matters  discussed  herein are  forward-looking  statements  within the
meaning of the  Private  Litigation  Reform Act of 1995 and as such may  involve
known and unknown  risks,  uncertainties,  and other factors which may cause the
actual  results,  performance or achievements of the Partnership to be different
from any future  results,  performance or  achievements  expressed or implied by
such   forward-looking   statements.   Although  the  Partnership  believes  the
expectations  reflected  in  such  forward-looking  statements  are  based  upon
reasonable  assumptions,  it can give no assurance that its expectations will be
attained.  These  risks  are  detailed  from  time to time in the  Partnership's
filings with the Securities and Exchange Commission.  The Partnership undertakes
no  obligation  to  publicly  release  the  result  of any  revisions  to  these
forward-looking  statements  that may be made to reflect  any  future  events or
circumstances.

RESULTS OF OPERATIONS

Revenues.  Revenues (hotel sales less direct hotel operating costs and expenses)
increased  $2.1  million,  or 10%, to $23.8  million for first quarter 1998 when
compared to first quarter 1997. The Partnership's  revenues and operating profit
were impacted by improved lodging results.  The increase was driven primarily by
growth in  revenue  per  available  room  ("REVPAR").  REVPAR,  or  revenue  per
available  room,  represents  the  combination  of the  average  daily room rate
charged  and  the  average  daily  occupancy  achieved  and is a  commonly  used
indicator of hotel performance (although it is not a GAAP, or generally accepted
accounting principles,  measure of revenue).  Room sales increased $2.9 million,
or 7%, to $41.8  million in first quarter of 1998 when compared to first quarter
1997, reflecting improvements in REVPAR for the quarter.

REVPAR for first quarter 1998 increased $5, or 7%, to $69 when compared to first
quarter 1997, primarily due to the increase in combined average room rate of $8,
or 9%, to $88 even  though  the  combined  average  occupancy  decreased  by one
percentage  point to  approximately  79%. Due to the continued high occupancy of
these  properties,  the  Partnership  expects  future  increases in REVPAR to be
driven by room rate  increases,  rather than  increases in  occupancy.  However,
there can be no assurance that REVPAR will continue to increase in the future.

Operating  Costs and Expenses.  The  Partnership's  operating costs and expenses
increased  $2.5  million,  or 25%, to $12.8  million for first quarter 1998 when
compared to first  quarter  1997,  primarily  due to an  increase  in  incentive
management  fees.  In  accordance  with  the  management  agreement,   incentive
management  fees  equal 15% of  operating  profit.  Deferred  and  current  year
incentive  management fees are payable from 50% of available cash flow after the
payment of (i) debt service;  (ii) deferred Courtyard system fees, if any; (iii)
deferred ground rent due to Marriott  International,  Inc. ("MII"),  if any; and
(iv) a priority  return to the  Partnership  equal to 10% of cumulative  capital
less sale and refinancing proceeds. Future unpaid management fees do not accrue.
There were no incentive  management  fees earned  during first  quarter 1997, as
there was no available cash flow.

Operating  Profit.  As a result of changes in revenues and  operating  costs and
expenses discussed above,  operating profit decreased $443,000,  or 4%, to $10.9
million for first quarter 1998 when compared to first quarter 1997.


<PAGE>


Income Before  Extraordinary  Items. Income before extraordinary items decreased
by $1.1 million, or 18%, to $4.8 million for first quarter 1998 when compared to
first  quarter  1997,  primarily  due to an  increase  in  interest  expense  of
$569,000, or 10%, to $6.1 million. Interest expense increased due to refinancing
the Partnership's mortgage debt on March 21, 1997 at a higher interest rate.

Extraordinary Items. The Partnership  recognized a net extraordinary gain in the
first quarter of 1997 of $12.5 million  representing the forgiveness of deferred
management  fees by  Courtyard  Management  Corporation  partially  offset by an
extraordinary loss on the early extinguishment of debt.

Net Income. Net income for first quarter 1998 decreased by $13.5 million to $4.8
million,  compared to net income of $18.4  million,  for first quarter 1997 as a
result of the items discussed above.

CAPITAL RESOURCES AND LIQUIDITY

The  Partnership's  financing needs have  historically  been funded through loan
agreements with various lenders and Host Marriott Corporation ("Host Marriott").
The General Partner believes that the Partnership  will have sufficient  capital
resources  and  liquidity  to continue to conduct its  business in the  ordinary
course.

Principal Sources and Uses of Cash

Cash  provided by  operations  was $7.4 million and $765,000 for first  quarters
1998 and 1997, respectively.  The Partnership's principal source of cash is cash
from  operations.  Cash provided by operations  was higher in first quarter 1998
primarily  due to the  payment of $4.2  million of deferred  management  fees in
connection  with  the  refinancing  in 1997.  In  addition,  Due from  Courtyard
Management  Corporation decreased $2 million in first quarter 1998 when compared
to first quarter 1997 which also contributed to the increase in cash provided by
operations during first quarter 1998.

Cash used in  investing  activities  was $2.4  million  and $9 million for first
quarters 1998 and 1997,  respectively.  The Partnership's cash used in investing
activities consists primarily of contributions to the property  improvement fund
and capital  expenditures  for  improvements to the hotels.  As part of the debt
refinancing  on  March  21,  1997,  a $7  million  contribution  was made to the
property  improvement fund in first quarter 1997 which accounts for the decrease
in cash used in investing activities in first quarter 1998.

As part of the debt refinancing,  contributions to the property improvement fund
will remain at 5% of gross  Hotel sales  through  1998 and may be  increased  by
Courtyard  Management  Corporation to 6% in 1999 and 2000, and 7%, thereafter if
the current  contribution of 5% of gross Hotel sales is insufficient to make the
replacements, renewals and repairs to maintain the hotels in accordance with the
Manager's standards for Courtyard by Marriott hotels.

During the first quarter 1998,  $784,000 was used for financing  activities  and
during the first  quarter of 1997,  $30.6  million  was  provided  by  financing
activities.  The Partnership's financing activities primarily consist of capital
distributions  to its  partners,  repayments  of debt and  payment of  financing
costs, as well as the refinancing of the  Partnership's  mortgage debt. In first
quarter  1997,  the  Partnership  received  refinancing  proceeds  in  excess of
repayments of the mortgage debt. This provided cash to the Partnership which was
used to pay financing  costs and provided  funds for a partial return of capital
distribution to the partners. This distribution was paid April 4, 1997.




<PAGE>


                           PART II. OTHER INFORMATION


ITEM 1.         LEGAL PROCEEDINGS

Marvin Schick and Jack Hirsch,  the  plaintiffs in a class action  lawsuit filed
their complaint,  styled Marvin Schick, et al. v. Host Marriott Corporation,  et
al.,  Civil  Action No.  15991 on October 16, 1997 in  Delaware  Chancery  court
against  the  General  Partner,  the  Manager  and  certain of their  respective
affiliates,  officers  and  directors.  Plaintiffs  are  members  of an  ad  hoc
committee  of  the  Partnership's   limited  partners  which  has  been  closely
monitoring the affairs of the  Partnership  for a number of years.  This lawsuit
primarily  involves  allegations  that in 1994 the  General  Partner  agreed  to
decrease the owner's priority under the terms of the Management Agreement to the
benefit of the Manager  without  obtaining the consent of the limited  partners.
The lawsuit includes claims against Host Marriott  Corporation ("Host Marriott")
and the General Partner for breach of contract and breach of fiduciary duty, and
against  MII and the  Manager  for  interference  with  contract  and aiding and
abetting in the breach of fiduciary  duties.  The General Partner  believes that
the change in the Management Agreement did not require limited partner approval,
because, among other things, it did not result in an increase in compensation to
the Manager.  The General Partner intends to vigorously  defend this lawsuit and
expects to prevail on the merits.

On February 11, 1998, four individual limited partners in partnerships sponsored
by Host Marriott,  filed a class action  lawsuit,  styled Ruben,  et al. v. Host
Marriott Corporation, et al., Civil Action No. 16186, in Delaware State Chancery
Court  against Host  Marriott and the general  partners of Courtyard by Marriott
Limited  Partnership,  Courtyard  by Marriott II Limited  Partnership,  Marriott
Residence   Inn  Limited   Partnership,   Marriott   Residence  Inn  II  Limited
Partnership,  and Fairfield Inn by Marriott Limited  Partnership  (collectively,
the "Five  Partnerships").  The  plaintiffs  allege  that the merger of the Five
Partnerships (the "Merger") into an umbrella  partnership real estate investment
trust  proposed  by CRF Lodging  Company,  L.P.  in a  preliminary  registration
statement filed with the Securities and Exchange Commission,  dated December 22,
1997,  constitutes a breach of the fiduciary duties owed to the limited partners
of the Five  Partnerships by Host Marriott and the general  partners of the Five
Partnerships.  In  addition,  the  plaintiffs  allege  that the Merger  breaches
various  agreements  relating  to the  Five  Partnerships.  The  plaintiffs  are
seeking, among other things, the following: certification of a class; injunctive
relief to block  consummation of the Merger or, in the alternative,  recision of
the  Merger;  and  damages.  Host  Marriott  and  the  general  partners  of the
Partnership  believe that these allegations are totally devoid of merit and they
intend to vigorously defend against them. The defendants also maintain that this
lawsuit  is  premature  because  the  Merger  has  not  been,  and  may  not be,
consummated as proposed in the SEC filings.

On March 16, 1998,  limited partners in several  partnerships  sponsored by Host
Marriott  filed a lawsuit,  styled Robert M. Haas,  Sr. and Irwin Randolph Joint
Tenants, et al. v. Marriott  International,  Inc., et al., Case No. CI-04092, in
the 57th  Judicial  District  Court  of Bexar  County,  Texas  against  Marriott
International, Inc. ("Marriott International"),  Host Marriott, various of their
subsidiaries,  J.W. Marriott,  Jr., Stephen Rushmore,  and Hospitality Valuation
Services,  Inc.  (collectively,  the  "Defendants").  The lawsuit relates to the
following  limited  partnerships:  Courtyard  by Marriott  Limited  Partnership,
Courtyard by Marriott II Limited  Partnership,  Marriott  Residence  Inn Limited
Partnership,  Marriott  Residence Inn II Limited  Partnership,  Fairfield Inn by
Marriott Limited Partnership,  Desert Springs Marriott Limited Partnership,  and
Atlanta  Marriott  Marquis  Limited   Partnership   (collectively,   the  "Seven
Partnerships").  The  plaintiffs  allege that the  Defendants  conspired to sell
hotels to the Seven  Partnerships  for inflated prices and that they charged the
Seven Partnerships  excessive management fees to operate the Seven Partnerships'
hotels.  The  plaintiffs  further allege that the  Defendants  committed  fraud,
breached fiduciary duties, and violated the provisions of various contracts. The
plaintiffs are seeking unspecified damages. The Defendants, which do not include
the  Seven  Partnerships,  believe  that  there is no  truth to the  plaintiffs'
allegations  and that the  lawsuit is totally  devoid of merit.  The  Defendants
intend to vigorously defend against the claims asserted in the lawsuit. Although
the Seven  Partnerships  have not been named as Defendants  in the lawsuit,  the
partnership  agreements relating to the Seven Partnerships  include an indemnity
provision which requires the Seven Partnerships, under certain circumstances, to
indemnify the general partners against losses, judgments, expenses, and fees.

The  Partnership  and  the  Hotels  are  involved  in  routine   litigation  and
administrative  proceedings arising in the ordinary course of business,  some of
which are expected to be covered by liability  insurance and which  collectively
are not expected to have a material  adverse  effect on the business,  financial
condition or results of operations of the Partnership.

<PAGE>
ITEM 6.         EXHIBITS AND REPORTS ON FORM 8-K

a.      Exhibits:

        None.

b. Reports on Form 8-K:

        May 6, 1998 -- Letter to limited  partners  regarding status of proposed
consolidation.



<PAGE>



                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant has duly caused this Form 10-Q to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                    COURTYARD BY MARRIOTT
                                    LIMITED PARTNERSHIP

                                    By:      CBM ONE CORPORATION
                                             General Partner

                                             
                                             /s/ Earla L. Stowe
  May 11, 1998                      By:      ---------------------------
                                             Earla L. Stowe
                                             Vice President and 
                                             Chief Accounting Officer