FelCor Divests Non-Core Asset
Posted on December 07, 2011 at 13:20 PM EST
FelCor Lodging Trust Inc. (NYSE:FCH), a real estate investment trust (REIT) that owns upper-upscale hotels, has recently sold the Holiday Inn Toronto-Yorkdale hotel at Toronto, Canada, to the Easton Hotel Group for CAD $22.9 million in cash. The 370-room hotel is strategically located in close proximity to downtown Toronto and Lester B. Pearson International Airport [...]

FelCor Lodging Trust Inc. (NYSE:FCH), a real estate investment trust (REIT) that owns upper-upscale hotels, has recently sold the Holiday Inn Toronto-Yorkdale hotel at Toronto, Canada, to the Easton Hotel Group for CAD $22.9 million in cash.
The 370-room hotel is strategically located in close proximity to downtown Toronto and Lester B. Pearson International Airport and is adjacent to the Yorkdale Shopping Centre – one of the largest and most exclusive malls in the city. Besides its locational … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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