FelCor Announces Second Quarter Earnings Conference Call
IRVING, Texas -- FelCor Lodging Trust Incorporated FCH, the nation's second largest hotel real estate investment trust (REIT), today announced the Company's second quarter 2001 financial results will be discussed in a conference call at 9:00 a.m. (Central Time) on Thursday, August 9, 2001. The conference call can be accessed by dialing 888-739-6043.
The conference call will include a brief discussion of the second quarter earnings by Thomas J. Corcoran, Jr., FelCor's President and CEO, together with FelCor's senior management team. The Company's financial results will be followed by questions and answers.
Interested parties may listen to the simultaneous webcast of the conference call by logging onto the Company's website at
FelCor's hotel portfolio consists of 186 hotels with approximately 50,000 rooms and suites and is concentrated primarily in the upscale and full-service segments. FelCor is the owner of the largest number of Embassy Suites®, Crowne Plaza®, Holiday Inn® and independently owned Doubletree®-branded hotels. Other leading hotel brands under which FelCor's hotels are operated include Sheraton Suites®, Sheraton® and Westin®. On May 10, 2001, FelCor announced the $2.7 billion acquisition of MeriStar Hospitality Corporation. The Company currently expects to close the transaction in the third quarter, subject to its approval by FelCor and MeriStar shareholders. FelCor has a current market capitalization of approximately $3.5 billion. Additional information can be found on the Company's website at
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.