Luxury Hospitality Daily News

< Previous news Next news >

Sales of shares in FelCor Lodging Trust Incorporated

Sales of shares in FelCor Lodging Trust Incorporated

Category: Worldwide
This is a press release selected by our editorial committee and published online for free on 2006-02-10

InterContinental Hotels Group PLC (“IHG”) today announces the sale of 9.5 million shares in FelCor Lodging Trust Incorporated (“FelCor”) for USD19 per share, a total of USD180.5million. The shares were held in IHG’s accounts at market value, which on 30th September 2005 was $15.15 per share.

This sale follows IHG’s renegotiation of its management agreement with FelCor, announced on 25 January 2006



You will also like to read...


THIBAUT DREGE APPOINTED GENERAL MANAGER OF FOUR SEASONS HOTEL GEORGE V, PARIS

VICEROY UNVEILS COMPREHENSIVE BRAND RELAUNCH

MINOR HOTELS REPORTS STRONG GROWTH IN Q3 RESULTS




Find out more news from the industry...


All the news
Industry economy
Careers
Our interviews
Exclusive experiences
Ultimate Luxury Experiences
Gourmet restaurants
Suppliers
Tailor-made press review


Find out more news from the industry...


All the news
Industry economy
Careers
Our interviews
Exclusive experiences
Ultimate Luxury Experiences
Gourmet restaurants
Suppliers
Tailor-made press review


< Previous news Next news >





Read the latest issue of our newspaper
Join us on Facebook Follow us on LinkedIn Follow us on Instragram Follow us on Youtube Rss news feed

To serve luxury hotel professionals by providing useful content and food for thought.

Industry news  |  Useful Resources  |  Recruiting with us  |  Career section  |  Advertise  |  Sitemap


Questions

Hello and welcome to Journal des Palaces

You are a communication or the PR manager?
Click here

You are an applicant?
Check out our questions and answers here!

You are a recruiter?
Check out our questions and answers here!