FCH Felcor Lodging Trust Incorporated (delisted)

FelCor Announces Vice President Promotions IRVING, Texas, March 24 /PRNewswire-FirstCall/ -- FelCor Lodging Trust Incorporated , the nation's second largest hotel real estate investment trust (REIT), today announced the following promotions: MarshaBonner as Vice President of Risk Management, and Stephen A. Schafer as Vice President of Investor Relations. (Photo: http://www.newscom.com/cgi-bin/prnh/20040324/DAW033-a http://www.newscom.com/cgi-bin/prnh/20040324/DAW033-b ) "We strive to hire and retain the best employees in the lodging industry for their respective roles. One of the strongest assets of FelCor is its people. We are pleased to recognize Marsha and Steve for their respective accomplishments," said Richard J. O'Brien, FelCor's Executive Vice President and Chief Financial Officer. "Both Marsha and Steve bring substantial value to FelCor in the areas of risk management and investor relations." Mrs. Bonner has served as Risk Manager of FelCor since 2002. In her role, Mrs. Bonner has led the successful placement of FelCor's property and general liability insurance to maximize coverage at an acceptable cost. She is responsible for ensuring compliance with general risk management practices at FelCor-owned hotelsas well as FelCor's overall claims management process. Prior to FelCor, Mrs. Bonner was with Wyndham Hotels as Director of Risk Management from 1995 to 2002. Mr. Schafer has served as Director of Investor Relations at FelCor since 2000. In his role, Mr. Schafer is responsible for developing and executing FelCor's investor relations strategy, managing external relationships with current and potential investors and financial analysts, and ensuring open communication with the general investment community. Mr. Schafer joined FelCor in 1997 and held various positions in the finance department, before assuming responsibility for FelCor's investor relations. FelCor is the nation's second largest lodging REIT and the largest owner of full service, all-suite hotels. FelCor's consolidated portfolio is comprised of 159 hotels, located in 33 states and Canada. FelCor owns 71 upscale, all-suite hotels, and is the owner of the largest number of Embassy Suites Hotels(R) and Doubletree Guest Suites(R) hotels in the U.S. FelCor's portfolio also includes 75 hotels in the upscale and full service segments. FelCor has a current market capitalization of approximately $3.0 billion. Additional information can be found on the Company's Web site at http://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 contained herein and in FelCor's filings with the Securities and Exchange Commission. http://www.newscom.com/cgi-bin/prnh/20040324/DAW033-a http://www.newscom.com/cgi-bin/prnh/20040324/DAW033-b http://photoarchive.ap.org/ DATASOURCE: FelCor Lodging Trust Incorporated CONTACT: Monica L. Hildebrand, Vice President of Communications of FelCor Lodging Trust Incorporated, +1-972-444-4917, or Web site: http://www.felcor.com/

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