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Named VP of Asset Management for FelCor Lodging Trust Incorporated |
IRVING, Texas...February 26, 2001 - Linda Ghaffari
has been named Vice President of Asset Management for FelCor Lodging Trust
Incorporated (NYSE:FCH), one of the nation�s largest hotel real estate
investment trusts (REITs).
As Vice President of Asset Management, Ghaffari will be responsible for overseeing a portion of the Company�s Holiday*-branded hotel portfolio. �I�m pleased to announce Ms. Ghaffari�s appointment to the FelCor team. Her extensive knowledge and expertise in hotel operations will further strengthen our outstanding asset management team. In addition, her prior experience will help us achieve our ongoing goal to have key individuals in place to strategically manage our hotel portfolio who have previous experience with our brand owner/managers, � said Thomas J. Corcoran, Jr., FelCor�s president and CEO. Ghaffari (age 35) brings more than 18 years of hospitality experience to FelCor. Prior to her joining FelCor, she was Director of Operations for Bass Hotels & Resorts. Ms. Ghaffari�s past hotel assignments includes more than 11 years experience with Bristol Hotels & Resorts in senior management positions. During her tenure with Bristol Hotels & Resorts, she was the recipient of the company�s prestigious �Newcomer of the Year Award� while general manager of the Crowne Plaza Suites in Dallas, Texas. Ms. Ghaffari attended the University of Texas at Pan American University in Edinburg, Texas. She is actively involved in the Greater Dallas Hotel/Motel Association and a leader in Partners in Education. FelCor�s hotel portfolio consists of 186 hotels with nearly 50,000 rooms and suites and is concentrated primarily in the upscale and full-service segments. FelCor is the owner of the largest number of Embassy Suites*, Crowne Plaza*, Holiday Inn and independently owned Doubletree*-branded hotels. Other leading hotel brands under which FelCor=s hotels are operated include Sheraton Suites®, Sheraton* and Westin®. FelCor has a current market capitalization of approximately $3.6 billion. With the exception of historical information,
the matters discussed in this news release include �forward looking statements�
within the meaning of the federal securities laws that are qualified by
cautionary statements contained herein and in FelCor=s filings with the
Securities and Exchange Commission.
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Monica L. Hildebrand Vice President of Communications FelCor Lodging Trust 972-444-4917 http://www.felcor.com |