FelCor Lodging Trust

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In 1994, FelCor Lodging Trust (NYSE: FCH) went public as a real estate investment trust (REIT) with six hotels and a market capitalization of $120 million. FelCor owns 83 core consolidated hotels, located in 23 states and Canada and has an enterprise value of $3.4 billion.

FelCor's core portfolio includes 65 upper upscale hotels, and FelCor is the largest owner of Embassy Suites Hotels® and Doubletree Guest Suites® hotels.

Our long-term strategic plan is to own a diversified portfolio of high quality, upscale hotels flagged under leading brands and then increase shareholder value and return on invested capital by maximizing the use of our real estate and enhancing cash flow.

On June 6, FelCor celebrated its successful repositioning program and its 10th anniversary listing on the New York Stock Exchange with FelCor President and CEO Rick Smith (center) ringing the closing bell.

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Message from CEO Rick Smith

FelCor is the largest owner of upscale, all-suite hotels in the nation. Our high quality properties are primarily located in Top 25 markets and resort locations. Our diversified portfolio is comprised of upper upscale branded hotels including Embassy Suites Hotels®, Doubletree®, Sheraton®, Westin® and Holiday Inn®. More

FelCor's strategic alliance with three of the industry's leading brand owners positions the Company for ongoing growth and financial success. FelCor maintains a strong relationship with Hilton Hotels Corporation (NYSE: HLT), Starwood Hotels & Resorts (NYSE: HOT) and InterContinental Hotels Group (NYSE: IHG). More

Rick Smith, President and Chief Executive Officer of FelCor Lodging Trust

This year is off to a very busy start as we are in the midst of our renovation program, which is unprecedented in terms of size and scale. More