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Stock Market & Financial Investment News

News Breaks
June 11, 2014
09:01 EDTFCHFelcor sells two non-strategic hotels for aggregate gross proceeds of $54.1M
FelCor Lodging Trust Incorporated 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 $54.1M. 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 $73M. FelCor is using asset sale proceeds to repay outstanding debt. To date, FelCor has sold 28 non-strategic hotels for aggregate gross proceeds of $627M.
News For FCH From The Last 14 Days
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September 16, 2014
09:01 EDTFCHFelcor Lodging sells two hotels for $29M total
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September 10, 2014
10:08 EDTFCHFelcor Lodging management to meet with SunTrust
Meetings to be held in Canada September 16-17 hosted by SunTrust.

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