FelCor Sells the Embassy Suites Hotel in Bloomington

IRVING, Texas--(BUSINESS WIRE)--

FelCor Lodging Trust Incorporated FCH today announced that it has sold its 218-room Embassy Suites hotel in Bloomington, MN for $24 million.

FelCor will use the asset sales proceeds to repay outstanding debt.

About FelCor

FelCor, a real estate investment trust, owns a diversified portfolio of primarily upper-upscale and luxury hotels that are located in major and resort markets throughout the U.S. FelCor partners with leading hotel companies to operate its hotels, which are flagged under globally renowned names and premier independent hotels. Additional information can be found on the Company's website at www.felcor.com.

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 herein and in FelCor's filings with the Securities and Exchange Commission. We undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in our expectations.