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Home > Company Index > Real Estate > REIT - Hotel/Motel > FelCor Lodging Trust Incorporated
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FelCor Lodging Trust Incorporated |
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NEWS FROM THE WIRES |
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FelCor second-qtr FFO down as room occupancy drops Aug 08 2001 04:15 PM PDT
FelCor gets standby loan facility for MeriStar merger Jul 13 2001 05:56 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Its name may not have the cachet of a Waldorf, but FelCor Lodging Trust is still making a name for itself in the hotel business. The real estate investment trust (REIT) owns interests in about 190 hotels with 50,000 rooms in the US and Canada (California, Florida, Georgia, and Texas account for half). FelCor renovates and rebrands its properties, which bear such names as Crowne Plaza, Embassy Suites, Doubletree, Sheraton, and Holiday Inn. Following changes in REIT rules, taxable subsidiaries of FelCor are acquiring most of the hotel leases. The firm is buying MeriStar Hospitality, a purchase that will create the US's largest hotel REIT with nearly 300 hotels in 39 states.
COMPETITION |
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 556.70
1-Yr. Sales Growth: 10.5%
Employees: 51
Revenue per employee: $10,915,686.27
KEY PEOPLE |
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Thomas J. Corcoran
CEO
Richard J. O'Brien
CFO
CONTACT INFO |
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545 E. John Carpenter Fwy., Ste. 1300
Irving, TX 75062
US
Phone: 972-444-4900
Fax: 972-444-4949
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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