FelCor’s Holiday Inn Santa Monica Beach Wins 2011 STR Best Performing Hotel Award
August 15 2011 - 11:48AM
Business Wire
FelCor Lodging Trust Incorporated (NYSE: FCH) today announced
that its Holiday Inn Santa Monica Beach – at the Pier hotel won the
2011 STR Best Performing Hotel Award (upper midscale segment),
based on 2010 RevPAR performance. One hotel is recognized in each
of the seven chain scale segments, as defined by STR (Smith Travel
Research), the leading source of overall performance trends in the
lodging industry.
The Holiday Inn Santa Monica Beach is ideally situated across
the street from the historic Santa Monica Pier. The hotel generated
2010 RevPAR of $172, second out of 647 Holiday Inn hotels. In
addition, FelCor’s historic Charleston-Mills House hotel and the
Boston at Beacon Hill hotel ranked seventh and eighth of all
Holiday Inns in the U.S. FelCor’s core Holiday Inn hotels generated
2010 RevPAR of $98, more than double the brand’s segment
average.
“Leslie Minton, the hotel’s General Manager, and her team
working alongside Tim Van Allen, FelCor’s Vice President of Asset
Management, continue to do an outstanding job of maximizing revenue
and driving average rate for this hotel,” said Troy A. Pentecost,
FelCor’s Executive Vice President and Chief Operating Officer.
FelCor, a real estate investment trust, owns 78 primarily
upper-upscale, full-service hotels that are located in major and
resort markets throughout 22 states. FelCor partners with leading
hotel companies to operate its diversified portfolio of hotels,
which are flagged under globally recognized names such as
Doubletree®, Embassy Suites®, Fairmont®, Hilton®, Marriott®,
Renaissance®, Sheraton®, Westin® and Holiday Inn®, and premier
independent hotels in New York. Additional information can be found
on the Company's Web site at www.felcor.com.
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