FelCor Sells Sheraton Suites Atlanta
By: Robert Diamond
FelCor Lodging Trust Incorporated (NYSE: FCH) today announced that it
sold the 278-room Sheraton Suites Galleria - Atlanta for $21 million.
FelCor will use the proceeds to repay outstanding debt.
About FelCor
FelCor, a real estate investment trust, owns a diversified portfolio of primarily upper-upscale and luxury hotels that are located in major and resort markets throughout the U.S. FelCor partners with leading hotel companies to operate its 64 hotels, which are flagged under globally renowned names and premier independent hotels. Additional information can be found on the Company's website at www.felcor.com.
SOURCE: BUSINESS WIRE