�The sale of these non-strategic hotels is in line with our objective to reposition our portfolio by selling smaller hotels in secondary markets,� said Michael A. DeNicola, FelCor�s Executive Vice President and Chief Investment Officer.  �With the closing of these four hotels, we have 24 remaining non-strategic hotels for sale, and transaction activity remains strong.�

The hotels are Holiday Inn®-branded and are located in Sarnia, Kitchener-Waterloo, Cambridge and Peterborough in Ontario.  The portfolio has a total of 630 rooms with the hotels ranging in size from 143 to 183 rooms.  Fortis Properties assumed ownership and management of the hotel properties upon closing.  Colliers International Hotels acted as the exclusive advisor in this transaction.

FelCor is the nation�s second largest lodging REIT and the nation�s largest owner of full service, all-suite hotels.  FelCor�s portfolio is comprised of 168 hotels, located in 35 states and Canada.  FelCor owns 76 full service, all-suite hotels, and is the largest owner of Embassy Suites Hotels® and Doubletree Guest Suites® hotels.  FelCor�s portfolio also includes 81 hotels in the upscale and full service segments.  FelCor has a current market capitalization of approximately $3.0 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.