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Stock Market & Financial Investment News

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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.
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August 19, 2014
07:52 EDTFCHFelcor Lodging management to meet with FBR Capital
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August 13, 2014
15:21 EDTFCHFelcor Lodging files automatic mixed securities shelf

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