M&A Deal Summary

RLJ Lodging Trust Acquires FelCor Lodging Trust

On August 15, 2017, RLJ Lodging Trust acquired real estate company FelCor Lodging Trust

Acquisition Highlights
  • This is RLJ Lodging Trust’s 1st transaction in the Real Estate sector.
  • This is RLJ Lodging Trust’s 1st transaction in the United States.
  • This is RLJ Lodging Trust’s 1st transaction in Texas.

M&A Deal Summary

Date 2017-08-15
Target FelCor Lodging Trust
Sector Real Estate
Buyer(s) RLJ Lodging Trust
Deal Type Merger

Target

FelCor Lodging Trust

Irving, Texas, United States
FelCor Lodging Trust is a real estate investment trust. FelCor owns a diversified portfolio of primarily upper-upscale and luxury hotels that are located in major and resort markets. FelCor Lodging Trust was founded in 1994 and is based Irving, Texas.

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Buyer(S) 1

Buyer

RLJ Lodging Trust

Bethesda, Maryland, United States

Category Company
Sector Real Estate
Employees79
Revenue 1.3B USD (2023)
DESCRIPTION

RLJ Lodging Trust is a self-advised, real estate investment trust focused on acquiring premium-branded, focused-service and compact full-service hotels. The Company’s portfolio consists of 158 hotels with approximately 31,180 rooms located in 26 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms. RLJ Lodging Trust is based in Bethesda, Maryland.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Merger) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1