Felcor Lodging Trust (FCH) Tops Q1 FFO by 3c/Share
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FelCor Reports First Quarter 2015 Earnings
April 29, 2015 8:37 AM EDTPortfolio Repositioning Continues to Provide Strong Growth
Same-store Adjusted EBITDA Increased 37.7%
IRVING, Texas--(BUSINESS WIRE)-- FelCor Lodging Trust Incorporated (NYSE: FCH) today reported operating results for the first quarter ended March 31, 2015.
First Quarter Highlights
Same-store RevPAR increased 13.1%; core RevPAR increased 13.5%. Adjusted FFO per share improved to $0.14 from $0.03 in the same quarter in 2014. Adjusted EBITDA increased by $8.8 million to $49.9 million; same-store Adjusted EBITDA increased by $13.6 million, or 37.7%, to $49.7 million. Net loss per... More