Felcor Lodging Trust (FCH) Misses Q4 FFO by 1c
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FelCor Reports Fourth Quarter 2015 Earnings
February 25, 2016 8:01 AM ESTIndustry-leading full-year RevPAR growth of 8.1%
Implemented stock repurchase program
Increased common stock dividend by 50%
Began sale process for five hotels
IRVING, Texas--(BUSINESS WIRE)-- FelCor Lodging Trust Incorporated (NYSE: FCH) today reported results for the fourth quarter ended December 31, 2015.
Fourth Quarter Highlights
Same-store RevPAR increased 5.4% over the same period in 2014. Adjusted EBITDA was $50.0 million, and Same-store Adjusted EBITDA increased by $5.7 million, or 12.8%, to $50.4 million compared to the same period in 2014.... More