FCH Felcor Lodging Trust Incorporated (delisted)

Felcor Lodging Trust Engages The Plasencia Group (TPG) to Advise on the Sale of Five Hotels Strategic disposition of non-core assets covers more than 1,800 rooms at hotels in Hartford, CT; Secaucus, NJ; Tampa, FL; Kissimmee, FL and Columbus, GA TAMPA, Fla., April 26 /PRNewswire/ -- The Plasencia Group, Inc., the leading hospitality transaction and consulting services firm representing owners of hotels, resorts, and golf courses, has been selected to advise FelCor Lodging Trust in its disposition of five hotels totaling more than 1,800 rooms in five states. FelCor identified these hotels for sale in late 2003. The hotels are: The Crowne Plaza(R) Hotel, Hartford, Connecticut -- 350 rooms The Crowne Plaza Hotel, Secaucus, New Jersey -- 304 rooms The Holiday Inn(R) Busch Gardens, Tampa, Florida -- 408 rooms The Holiday Inn Nikki Bird Hotel, Kissimmee, Florida -- 530 rooms The Holiday Inn North, Columbus, Georgia -- 224 rooms The Plasencia Group will market the assets as single-sale transactions, however, a portfolio sale will be considered. The hotels can be acquired free of management and franchise encumbrances. Lou Plasencia, CEO of The Plasencia Group said, "This group of assets, which FelCor has maintained in excellent condition, also offers upside potential here for the entrepreneurial investor. These hotels will clearly be viewed by qualified investors as very economical repositioning opportunities." Plasencia concluded, "FelCor has made clear that it is committed to a continued disposition of non-strategic portfolio assets, and given the quality and location of these five hotels, our goal is to quickly meet FelCor's stated objectives." About the Hotels The Crowne Plaza Hotel, Hartford, Connecticut The Crowne Plaza offers 350 guestrooms, an outdoor pool, a recently renovated fitness facility and more than 7,000 square feet of meeting space. The property was last renovated in December 1998 and offers Crowne Plaza Club Executive Level rooms. The Crowne Plaza's strategic location in downtown Hartford offers excellent visibility from the interstate and convenient access to area attractions, airports, commercial centers, the state Capitol and other facilities located throughout the city. Hartford is located strategically at the center of the Boston-New York economic region, is Connecticut's center of government, and is a strategic financial center, with heavy concentrations of activity in the insurance and financial services industries. The Crowne Plaza Hotel, Secaucus, New Jersey The Crowne Plaza is located at the heart of the Meadowlands, and is situated on a well-manicured site directly on the Hackensack River. The 14- story, 304-guestroom hotel offers concierge service, a full business center, executive floors and executive rooms. The attractive grounds include an outdoor pool with adjacent patio area, and a large area between the property and the river that can be utilized for outdoor functions. The hotel has 33,000 square feet of flexible meeting space and 10,000 square feet of dedicated exhibit space, both important assets in the busy New York-metro market. The Crowne Plaza is a recurring recipient of the AAA three- diamond and Mobil three-star awards and completed a $15 million renovation in 2000. The Holiday Inn Busch Gardens, Tampa, Florida The Holiday Inn occupies a high-profile location along Fowler Avenue in northeast Tampa, less than five minutes from the main entrance to Busch Gardens theme park and across the street from the University of South Florida (USF), the second largest university in the state. The 408-guestroom hotel features two large pools, a spa and a modern and attractive children's play area. The hotel also offers a recently renovated food court, a TGI Friday's outlet, a gift shop and business center. Its 4,000 square feet of meeting space provides ample accommodations for tour groups, business meetings and social functions. The Holiday Inn Nikki Bird Hotel, Kissimmee, Florida The 530-guestroom hotel sits on 23 acres at one of Kissimmee's preeminent commercial sites and in very close proximity to the main gate at Walt Disney World. That puts it in close proximity to all of Orlando's leisure activities and destinations, including: golf courses such as the Celebration Golf Club, MGM Studios, Universal Studios, Sea World, Pleasure Island, fishing, and tennis. The property offers three swimming pools, two tennis courts, a volleyball court and children's play area. It also features a leased 1950s style restaurant and lounge, and a gift shop. The Holiday Inn North, Columbus, Georgia The Holiday Inn is located on the north side of the Columbus, Georgia convenient to the Columbus Airport, Peachtree Mall, Columbus State University and Ft. Benning. The hotel offers full service accommodations in a market whose primary offerings are limited service hotels. The hotel's 4,000 square feet of flexible meeting space is ideal for business and social functions. Renovated in 1999, the hotel is comprised of two floors with 224 comfortable guestrooms, including amenities and features sought by both leisure and business guests. About The Plasencia Group Founded in 1993, The Plasencia Group, Inc. is the leading hospitality transaction and consulting services firm, representing public and private owners of hotels, resorts, and golf courses. With transactions encompassing close to 11,000 hotel rooms valued at well over $1 billion in the past twelve months alone, The Plasencia Group, Inc. has provided personalized, valued- added investment opportunities and services to clients such as Cigna Insurance, Host Marriott Corporation, MeriStar Hotel Company, Lend Lease Real Estate Investments and the Metropolitan Life Insurance Company. With regional offices in Tampa, Chicago, Dallas, Houston, Little Rock, Providence and San Diego, The Plasencia Group, Inc. offers a full range of value-added solutions, including transactions, property valuation analysis, financial and strategic planning, asset management and disposition, and proprietary industry research. Learn more about The Plasencia Group, Inc. at http://www.tpghotels.com/. About FelCor Lodging Trust (NYSE:FCH) FelCor is the nation's second largest lodging real estate investment trust and the largest owner of full service, all-suite hotels. FelCor's consolidated portfolio is comprised of 158 hotels, located in 33 states and Canada. FelCor owns 71 upscale, all-suite hotels, and is the owner of the largest number of Embassy Suites Hotels(R) and Doubletree Guest Suites(R) hotels in the U.S. FelCor's portfolio also includes 75 hotels in the upscale and full service segments. FelCor has a current market capitalization of approximately $3.0 billion. Additional information can be found on the Company's Web site at www.felcor.com. Contact: The Plasencia Group -- (813) 932-1234 Media: Michael Frenkel -- MFC PR DATASOURCE: The Plasencia Group, Inc. CONTACT: The Plasencia Group, +1-813-932-1234, or Media - Michael Frenkel of MFC PR, Web site: http://www.tpghotels.com/ http://www.felcor.com/

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