FelCor Sells Two Non-Strategic Hotels
11 Junho 2014 - 10:00AM
Business Wire
FelCor Lodging Trust Incorporated (NYSE: FCH) today announced
that it has sold its 196-room Doubletree Suites Hotel-Dana Point
and its 251-room Embassy Suites Hotel-BWI Airport for aggregate
gross proceeds of $54.1 million.
FelCor continues to progress with its portfolio repositioning
plan. The company is currently negotiating contracts or has agreed
to sell four other hotels for aggregate proceeds of approximately
$73 million. FelCor is using asset sale proceeds to repay
outstanding debt. To date, FelCor has sold 28 non-strategic hotels
for aggregate gross proceeds of $627 million.
About FelCor
FelCor, a real estate investment trust, owns a diversified
portfolio of primarily upper-upscale and luxury hotels that are
located in major and resort markets throughout the U.S. FelCor
partners with leading hotel companies to operate its hotels, which
are flagged under globally renowned names and premier independent
hotels. Additional information can be found on the Company's
website 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.
FelCor Lodging Trust IncorporatedStephen A. Schafer,
972-444-4912Vice President Strategic Planning & Investor
Relationssschafer@felcor.com
Felcor Lodging (NYSE:FCH)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Felcor Lodging (NYSE:FCH)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024
Notícias em tempo-real sobre Felcor Lodging Trust Incorporated (delisted) da New York Stock Exchange bolsa de valores: 0 artigos recentes
Mais Notícias de Felcor Lodging Trust, Inc.