IRVING, TX- FelCor Lodging Trust said that it expects its third quarter FFO per share to exceed consensus analyst estimates by at least 8%. The First Call estimate for FelCors third quarter 2000 is currently at $1.04. Preliminary analysis has lead the company to expect FFO per share for the quarter to be $1.12. The $1.12 would be a 23% increase over the $0.91 reported for the same period in 1999.
The positive results for the quarter reflect continued strength across the FelCor portfolio and higher than anticipated RevPAR growth of approximately 7% over the prior year. (10/5/00)
