Washington D.C., August 31, 2016 – Thomas J. Corcoran, Jr. chairman of the board and co-founder of FelCor Lodging Trust, will be honored with the prestigious Lifetime Achievement Award at the Americas Lodging Investment Summit (ALIS), January 23-25, 2017, in Los Angeles. This prominent award is presented to an individual who has made significant contributions to the hospitality industry through their actions, deeds, and great accomplishments.

As a veteran of the hospitality industry for more than 30 years, Mr. Corcoran began his long career as a dishwasher at the age of 14, and has since invested in a lifetime of commitment and engagement to the hospitality industry. His long history of management, mentorship, and experience in the lodging sector continues to strengthen and empower the industry and will undoubtedly leave a strong imprint. From co-founding Felcor Lodging Trust 25 years ago and guiding the company’s continued success, mentoring colleagues and hospitality students, and supporting numerous charities and community programs, to serving on a multitude of board appointments and taking the risks necessary to be an industry trailblazer and leader, Mr. Corcoran is a true champion of the lodging industry. Indeed, his professional and personal character embody the ALIS Lifetime Achievement Award.

“We are very pleased to announce that the recipient of the ALIS Lifetime Achievement Award will be Tom Corcoran. Tom and his business partner, the late Hervey Feldman, were early hotel REIT pioneers with the formation of FelCor 25 years ago,” said Jim Burba, president of BHN and ALIS chair. “Tom has been an inspirational leader in guiding FelCor’s success and is also one of the most caring and community involved executives in the hotel industry. Perhaps the most endearing quality about Tom Corcoran from the ALIS perspective is his willingness to go all-in, sing a song, and have some fun on stage, if it brings a smile to the delegate’s face. If he ever tires of being a hotel executive, he has a career awaiting in Hollywood,” added Jim Burba.

“Tom’s story truly embodies the spirit of our industry – a story of hard work, dedication, and success,” said Katherine Lugar, president and CEO of the American Hotel & Lodging Association. “Coupled with his foresight and vision, Tom’s passion, perseverance, and innate leadership abilities led him to succeed with all of his many ventures throughout the years in hospitality. As a former Chair of AH&LA and continued active Board member, there is no one who is committed to the success and strength of the lodging industry and no one more deserving to receive this award more than Tom. On behalf of the entire industry, we congratulate Tom on his countless achievements.”

Registration for ALIS is now open and the early fee of $1,995 ends September 28. Program information and registration is available on the ALIS website, www.ALISconference.com. For general information and sponsorship opportunities, contact BHN conference manager Ashlynn Crandell at [email protected].

Co-hosted by the American Hotel & Lodging Association (AH&LA) and Burba Hotel Network (BHN), the two-and-a-half-day ALIS event features an extensive array of seminars and panels hosted by leading experts and investors discussing important trends and identifying new opportunities. The conference attracts the lodging industry’s leading hotel executives, investors, lenders, developers and professional advisory community. Proceeds benefit the educational, research, and training missions of the Educational Institute (EI) of the American Hotel & Lodging Education Foundation (AH&LEF), AH&LA’s not-for-profit affiliate. For information on AH&LEF, please visit www.ahlef.org.