q1 2017
FelCor Reports Q1 2017 Net Loss of $42.2 Million Compared to $11.2 Million for the Same Period in 2016; RevPAR Down 1.3% for Quarter
Felcor | May 9, 2017
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--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. Adjusted FFO per share was $0.09 versus $0.14 for the same period in 2016. Same-store Adjusted EBITDA was $40.1 mil...