Felcor Lodging Trust (FCH) Misses Q1 EPS by 23c

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FelCor Reports First Quarter 2017 Earnings

May 9, 2017 8:30 AM EDT

Morgans and Royalton to be sold in third quarter

In April 2017, entered into a definitive merger agreement with RLJ Lodging Trust (RLJ)

IRVING, Texas--(BUSINESS WIRE)-- FelCor Lodging Trust Incorporated (NYSE: FCH) today reported results for the first quarter ended March 31, 2017.

First Quarter Highlights

Same-store RevPAR was $142.15 compared to $143.97 for the same period in 2016. Net loss attributable to FelCor common stockholders was $42.2 million ($0.31 per share) versus $11.2 million ($0.08 per share) for the same period in 2016.... More