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FelCor Announces Michael C. Hughes, CFA as Vice President of Finance

FelCor Announces Michael C. Hughes, CFA as Vice President of Finance

Category: North America & West Indies / Carribean islands - Careers - Appointments
This is a press release selected by our editorial committee and published online for free on 2006-05-12


FelCor Lodging Trust Incorporated (NYSE: FCH), one of the nation's largest hotel real estate investment trusts (REITs), today announced Michael C. Hughes as Vice President, Finance.

Mr. Hughes was most recently Vice President of Corporate Finance for Wyndham International. During his tenure with Wyndham, he held various management positions including Director of Corporate Finance and Senior Financial Analyst. With more than 10 years of experience in finance, Mr. Hughes also has previously worked with Maverick Management LLC where he served as Business Consultant and American Express, in the role of Financial Advisor.

"We are pleased to welcome Mike to FelCor as he leads our finance and planning area," said Andrew J. Welch, FelCor's Executive Vice President and Chief Financial Officer. "With his background in complex financial analysis and his knowledge of the hospitality industry, Mike will be a strong addition to our finance team. I look forward to his contributions as we carry out the Company's strategic plan."

Mr. Hughes received a Bachelor of Arts degree in Business from Rhodes College and is a holder of the Chartered Financial Analyst(R) designation.

FelCor is the nation's largest owner of full service, all-suite hotels. FelCor's portfolio is comprised of 115 hotels, located in 28 states and Canada. FelCor owns 65 full service, all-suite hotels, and is the largest owner of Embassy Suites Hotels(R) and Doubletree Guest Suites(R) hotels. FelCor's hotels are flagged under global brands such as Embassy Suites Hotels, Doubletree(R), Hilton(R), Sheraton(R), Westin(R) and Holiday Inn(R). FelCor has a current market capitalization of approximately $3.3 billion. Additional information can be found on the Company's Web site at http://www.felcor.com .

With the exception of historical information, the matters discussed in this news release include "forward looking statements" within the meaning of the federal securities laws that are qualified by cautionary statements contained herein and in FelCor's filings with the Securities and Exchange Commission.



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