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FelCor Promotes Three Executives  

 
IRVING, Texas...April 10, 2001 - FelCor Lodging Trust Incorporated (NYSE:FCH), the nation�s second largest hotel real estate investment trust (REIT), today announced the following executive promotions:  
  • Lawrence D.  Robinson as Executive Vice President, General Counsel and Secretary; 
  • Lester C. Johnson as Senior Vice President, Controller and Principal Accounting Officer, and 
  • Andrew J. Welch as Senior Vice President and Treasurer. 
�One of our company�s goals has been to have a top-notch management team.  These executives, through their leadership and dedication, have made a significant contribution to the growth and success of FelCor,� said Thomas J. Corcoran, Jr., FelCor�s President and CEO. 
 
Robinson (age 57) has served as Senior Vice President, General Counsel and Secretary of FelCor since May 1996.  From 1972 to 1989, Mr. Robinson was a Partner in the Kansas City-based law firm of Stinson, Mag & Fizzell, for which he founded and managed a Dallas, Texas office from 1982 to 1989.  From 1989 through April 1996, Mr. Robinson was a Partner in the Houston-based law firm of Bracewell & Patterson, L.L.P., where he served as the Managing Partner of its Dallas office until 1992, as the head of that office�s corporate and securities law section and as Chairman of its firm-wide hospitality group.  

Johnson (age 48) has served as FelCor�s Vice President, Controller and Principal Accounting Officer since he joined the company in September 1995.  Prior to joining FelCor, Mr. Johnson held various positions with Integra - A Hotel and Restaurant Company and ShowBiz Pizza Time, Inc. (currently known as CEC Entertainment, Inc.) from 1981 to 1995.  He served as the Vice President and Controller of Integra from 1991 to 1995. Mr. Johnson is a Certified Public Accountant.

Andrew J. Welch (age 39) joined FelCor as Vice President and Treasurer in July 1998.  Prior to joining FelCor, Mr. Welch was Vice President and Treasurer for Bristol Hotels & Resorts beginning in August 1997.  Prior to joining Bristol, Mr. Welch was responsible for originating investment banking and corporate banking business with Bank of America, N.A., from 1991 to 1997, Citibank, N.A., from 1990 to 1991, and NationsBank, N.A., from 1984 to 1990.  

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 $3.5 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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Contact:
Monica L. Hildebrand
Vice President of Communications
FelCor Lodging Trust
972-444-4917
http://www.felcor.com

Also See FELCOR FINISHES 2000 with FFO UP 12.6% to $4.29 / Feb 2001 
FelCor's 4th Qtr FFO $0.87 vs $0.82 / Company Wide 1999 Occupancy 68.3% vs 68.8% / Feb 2000 


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