FelCor Names New Chief Investment Officer

IRVING, Texas--(BUSINESS WIRE)-- FelCor Lodging Trust Incorporated (NYSE: FCH) today announced the appointment of Thomas C. Hendrick as Executive Vice President and Chief Investment Officer. Mr. Hendrick has served as a member of FelCor’s Board of Directors since 2007, and his service in that capacity will end when he assumes his new responsibilities. Mr. Hendrick succeeds Michael A. DeNicola, who is leaving the company after 14 years of service. Mr. DeNicola will remain with FelCor through January 1, 2016 to facilitate the transition.

Mr. Hendrick is a well-known and highly-regarded longtime developer of hotels and mixed-use commercial real estate projects in the U.S., the Caribbean, Mexico and Latin America, both as an independent developer and with leading hotel development and management companies, including Mandarin Oriental Hotel Group, Rosewood Hotels & Resorts, Regent International Hotels, Remington Hotels, Wyndham Hotels & Resorts and The Kor Group. Mr. Hendrick served as a pilot on active duty in the United States Navy from 1968 to 1972, attaining the rank of lieutenant. Mr. Hendrick graduated from Southeast Missouri State University and holds a Master of Business Administration degree from the University of North Florida.

Richard A. Smith, President and Chief Executive Officer of FelCor, said, “Tom brings an exceptional wealth of experience, creativity and judgment to an already strong management team. His extensive relationships throughout the lodging industry and deep understanding of our business and real estate, generally, will be particularly valuable as FelCor proceeds with the next chapter of our long-term strategy. He has been a valued member of our Board of Directors and a trusted advisor and friend for many years. I look forward to working closely with him at this exciting juncture in FelCor’s journey.”

Mr. Smith continued, “We are all grateful for Mike’s meaningful contributions to FelCor over the past 14 years. He has been essential to the successful execution of our long-term strategy, and it has been a pleasure to work alongside him over the past ten years. On behalf of our Board of Directors, the management team and all of our colleagues, we wish Mike the very best and are glad to have him on board to ensure a smooth transition.”

About FelCor

FelCor, a real estate investment trust, owns a diversified portfolio of primarily upper-upscale and luxury hotels that are located in major and resort markets throughout the U.S. FelCor partners with leading hotel companies to operate its hotels, which are flagged under globally renowned names and premier independent hotels. Additional information can be found on the Company's website at www.felcor.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150729006250/en/

FelCor Lodging Trust Incorporated
Stephen A. Schafer, 972-444-4912
Senior Vice President
[email protected]

Source: FelCor Lodging Trust Incorporated

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