Felcor Lodging Trust (FCH) Misses Q3 FFO by 1c; Updates FY15 Guidance; Approves $100M Buyback
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FelCor Reports Third Quarter 2015 Earnings
October 27, 2015 8:37 AM EDTBoard authorizes $100 million common stock repurchase program Same-store RevPAR increased to 7.0% Same-store EBITDA increased 14.9%
IRVING, Texas--(BUSINESS WIRE)-- FelCor Lodging Trust Incorporated (NYSE: FCH) today reported results for the third quarter ended September 30, 2015.
Third Quarter Highlights
Same-store RevPAR increased 7.0% over the same period in 2014. Same-store RevPAR increased 10.0% in September. Hotel EBITDA margins increased 225 basis points over the same period in 2014. Adjusted... More