Profile: Felcor Lodging Trust Inc (FCH.N)

FCH.N on New York Stock Exchange

6.15USD
4:02pm EDT
Price Change (% chg)

$0.11 (+1.82%)
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$6.04
Open
$6.12
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$6.19
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$6.10
Volume
260,028
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243,070
52-wk High
$6.46
52-wk Low
$3.90

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FelCor Lodging Trust Incorporated, incorporated on April 26, 1995, is a real estate investment trust (REIT). FelCor is the sole general partner of, and the owner of a greater than 99% partnership interest in, FelCor Lodging Limited Partnership (FelCor LP), through which the Company held ownership interests in 66 hotels with 18,993 rooms as of December 31, 2012. The Company’s core portfolio consists primarily of upper-upscale hotels and resorts located in markets and resort locations that have dynamic demand generators and high barriers to entry. Most of the Company’s hotels are operated under brands, such as Doubletree, Embassy Suites, Fairmont, Hilton, Holiday Inn, Marriott, Renaissance, Sheraton and Westin. Royalton and Morgans, in midtown Manhattan, are operated independent of any brand. In February 2012, it acquired Knickerbocker Hotel in midtown Manhattan, New York. In August 2012, the Company sold the 222-room Embassy Suites-Anaheim-North to Urban Commons, LLC. In July 2013, Felcor Lodging Trust Inc sold the 278-room Sheraton Suites Galleria.

As of December 31, 2012, of the Company’s 65 Consolidated Hotels, subsidiaries of Hilton Hotels Corporation (Hilton) managed 40 hotels, subsidiaries of InterContinental Hotels Group (IHG), managed 13 hotels, subsidiaries of Starwood Hotels & Resorts Worldwide Inc. (Starwood), managed five hotels, subsidiaries of Marriott International Inc. (Marriott), managed three hotels, a subsidiary of Fairmont Hotels & Resorts (Fairmont), managed one hotel, a subsidiary of Morgans Hotel Group Corporation managed two hotels, and an independent management company managed one hotel. As of December 31, 2012, the Company’s consolidated Hotels were located in the United States (64 hotels in 22 states) and Canada (one hotel in Ontario), with concentrations in markets and resort areas.

Company Address

Felcor Lodging Trust Inc

Suite 1300
545 E. John Carpenter Freeway
IRVING   TX   75062
P: +1972.4444900
F: +1972.4444949

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