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FelCor Completes Acquisition of the Fairmont Boston Copley Plaza Hotel

^{Published on 2010-08-19 13:10:50 - Market Wire}
 

IRVING, Texas--([ BUSINESS WIRE ])--FelCor Lodging Trust Incorporated (NYSE: FCH) today completed the previously announced purchase of the Fairmont Copley Plaza hotel in Boston for $98.5 million. The purchase was funded with cash on hand.

The Fairmont Copley Plaza is a 383-room world-class, historic hotel located in the heart of Bostona™s Back Bay on Copley Square. The iconic property boasts 23,000 square feet of meeting space and the famed Oak Room.

FelCor, a real estate investment trust, is the nationa™s largest owner of upper-upscale, all-suite hotels. FelCor owns interests in 85 hotels and resorts, located in 23 states and Canada. FelCora™s diversified portfolio is flagged under global brands - Embassy Suites Hotels^®, Doubletree^®, Hilton^®, Marriott^®, Renaissance^®, Fairmont^®, Sheraton^®, Westin^® and Holiday Inn^®. Additional information can be found on the Companya™s Web site at [ www.felcor.com ].