Felcor Lodging Trust (FCH) Reports In-Line Q2 FFO
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FelCor Reports Second Quarter 2015 Earnings
July 28, 2015 8:37 AM EDTCompleted Portfolio Repositioning Program Significantly Improved Balance Sheet
IRVING, Texas--(BUSINESS WIRE)-- FelCor Lodging Trust Incorporated (NYSE: FCH) today reported results for the second quarter ended June 30, 2015.
Second Quarter Highlights
Same-store RevPAR increased 7.3% over the same period in 2014. RevPAR increased 9.4% in June. Adjusted FFO per share increased to $0.28. Adjusted EBITDA was $69.7 million and same-store Adjusted EBITDA increased by $7.2 million, or 11.9%, to $67.7 million compared to the same period in 2014.... More