FelCor Revises Outlook Due to Hurricane Sandy
16 Novembro 2012 - 11:30AM
Business Wire
FelCor Lodging Trust Incorporated (NYSE: FCH) today announced
that it has revised its 2012 outlook due to the impact from
Hurricane Sandy. The storm caused minimal damage to FelCor’s
hotels; however, operations at its east coast hotels were
impacted.
The revised outlook is:
- Full year 2012 Same-store RevPAR
growth: 5.25% - 5.75%;
- Fourth quarter 2012 adjusted EBITDA:
$37 million - $41 million;
- 2012 adjusted EBITDA: $198 million -
$202 million;
- Fourth quarter 2012 adjusted FFO per
share: ($0.05) - ($0.02); and
- 2012 adjusted FFO per share: $0.19 -
$0.23
About FelCor
FelCor, a real estate investment trust, owns 66 primarily
upper-upscale, full-service hotels that are located in major and
resort markets throughout 22 states. FelCor partners with leading
hotel companies to operate its diversified portfolio of hotels,
which are flagged under globally recognized names such as,
Doubletree®, Embassy Suites®, Fairmont®, Hilton®, Marriott®,
Renaissance®, Sheraton®, Westin® and Holiday Inn®, and premier
independent hotels in New York. Additional information can be found
on the Company's Web site at www.felcor.com.
With the exception of historical information, the matters
discussed in this news release include “forward-looking statements”
within the meaning of the federal securities laws that are
qualified by cautionary statements herein and in FelCor’s filings
with the Securities and Exchange Commission. We undertake no
obligation to update any forward-looking statement to conform the
statement to actual results or changes in our expectations.
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