FelCor Lodging Trust, Inc.
FCH
New York Stock Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- FelCor Lodging Trust Incorporated (NYSE: FCH) operates as a self-advised and self-administered real estate investment trust focused on acquiring, owning, and managing upper-upscale, luxury, and full-service hotels across major urban and resort markets in the United States. The company owns interests in a diversified portfolio of properties, primarily operated under globally recognized brands including Hilton Worldwide (such as Embassy Suites and DoubleTree), Wyndham Worldwide, Marriott International, InterContinental Hotels Group, AccorHotels, and others like Highgate Hotels, SBE, and Aimbridge Hospitality; its hotels encompass compact full-service and focused-service segments, with examples including the Embassy Suites Atlanta-Buckhead, DoubleTree Suites by Hilton Austin, Fairmont Copley Plaza in Boston, and Sheraton Burlington Hotel & Conference Center. FelCor Lodging targets business and leisure travelers in key high-growth coastal, urban, and resort locations spanning 14 states. Founded in 1994 and formerly headquartered in Irving, Texas, with later operations noted in Bethesda, Maryland, FelCor Lodging partners with leading third-party hotel operators to manage its properties while actively selling, acquiring, rebranding, and redeveloping assets to optimize its portfolio. The company underwent a significant strategic shift through its 2017 all-stock merger with RLJ Lodging Trust, under which FelCor became a wholly-owned subsidiary of RLJ following shareholder approval and completion in late August 2017, creating one of the largest pure-play lodging REITs with approximately 160 hotels and 31,000 rooms, enhanced scale, and pro forma enterprise value of $7 billion. This transaction, accretive to revenue per available room and positioned for cost savings and portfolio repositioning, marked the cessation of FelCor as an independent public entity, with its ticker FCH delisted post-merger and assets integrated into RLJ's operations focused on focused-service and compact full-service hotels. No major independent developments for FelCor have occurred since the merger.