FelCor’s Holiday Inn Santa Monica Beach Wins 2011 STR Best Performing Hotel Award
Posted on August 15, 2011 at 11:48 AM EDT
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.
Stephen A. Schafer, 972-444-4912
Vice President Strategic Planning & Investor Relations
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here