IRVING, Texas--(BUSINESS WIRE)--March 29, 2007--FelCor Lodging
Trust Incorporated (NYSE: FCH) today declared its first quarter
dividends. FelCor will pay a dividend of $0.25 per share on its Common
Stock, $0.4875 per share on its $1.95 Series A Cumulative Convertible
Preferred Stock and $0.50 per depositary share evidencing its 8%
Series C Cumulative Redeemable Preferred Stock. The first quarter
dividends will each be payable on April 30, 2007, to stockholders of
record on April 13, 2007.
FelCor, a real estate investment trust, is the nation's largest
owner of upscale, all-suite hotels. FelCor's portfolio is comprised of
83 consolidated core hotels, located in 23 states and Canada. FelCor's
core portfolio includes 65 upper upscale hotels, and FelCor is the
largest owner of Embassy Suites Hotels(R) and Doubletree Guest
Suites(R) hotels. FelCor's hotels are flagged under global brands such
as Embassy Suites Hotels, Doubletree(R), Hilton(R), Sheraton(R),
Westin(R) and Holiday Inn(R). FelCor has a current market
capitalization of approximately $3.3 billion. Additional information
can be found on the Company's Web site at www.felcor.com.
CONTACT: FelCor Lodging Trust Incorporated
Stephen A. Schafer, 972-444-4912
Vice President of Investor Relations
sschafer@felcor.com
SOURCE: FelCor Lodging Trust Incorporated