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  Former 1912 Sugar Cane Refinery Earns Excellence in Construction Award as Renovated Embassy Suites Hotel
IRVING, Texas...October 30, 2000 - FelCor Lodging Trust Incorporated (NYSE:
FCH), one of the nation�s largest hotel real estate investment trusts (REITs), today announced its Embassy Suites hotel-Lofts in New Orleans, La., has been awarded the Associated Builders & Contractors Excellence in Construction Award.  The awards competition is a nationwide program to publicly recognize quality and innovation in construction.  

Donahue Favret Contractors, Inc. of Mandeville, La., together with Campo Architects, of New Orleans, La., converted a 100-year-old structure, formerly a 1912 sugar cane refinery, into an Embassy Suites hotel with 90 suites.  Situated in the heart of New Orleans� historic Warehouse District, the building not only met the strict specifications of the Embassy Suites brand, but also matched the style and simplistic elegance of the historic area. 
 

�This project is testimony to FelCor�s proven renovation and redevelopment strategy,� according to Thomas J. Corcoran, Jr., FelCor�s President and CEO.  �By working with the National Park Service and the Historic Districts Landmarks Commission, and by adherence to strict preservation standards, the building�s original detail elements were utilized in the adapted design.�

In October 1994, FelCor acquired the 257-suite Embassy Suites Hotel on 315 Julia Street in the downtown warehouse district of New Orleans, the Company�s first hotel acquisition since becoming 

Embassy Suites-Lofts
publicly traded earlier that summer.  Two years later, in December 1996, FelCor added 32 suites, bringing the Embassy Suites-New Orleanshotel�s room inventory to 259 suites.  FelCor began renovation on �The Lofts� which now serves as an annex to the existing Embassy Suites Hotel in December 1997. The historical renovation cost approximately $7 million and was completed in January 1999.

Located on South Peters and Notre Dame in the Historic Warehouse District, the Embassy Suites-Lofts features 10 stories comprised of 90 hotel suites, meeting rooms, a cook-to-order breakfast kitchen, restaurant and bar. 

FelCor�s hotel portfolio consists of 187 hotels and nearly 50,000 rooms and suites and is concentrated primarily in the upscale and full-service segments.  FelCor is the owner of the largest numbers 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 $3.4 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:
FelCor Lodging Trust
Thomas J. Corcoran, Jr.
President & CEO
Monica L. Hildebrand
Vice President of Communications
(972) 444-4900
[email protected]
http://www.felcor.com

Also See Historic Hermitage Hotel, Nashville, Acquired for $14 Million; Goal to Renovate Up to 5 Star Quality / June 2000 
The Whitney-A Wyndham Historic Hotel Opens after $10 million Renovation to the 110-year old Whitney Bank Building; Joseph Schwingler Appointed GM / Sept 2000 


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