FelCor Lodging Trust, Inc. ( FCH)

Q3 2010 Earnings Conference Call

November 3, 2010 12:00 PM ET

Executives

Steve Schafer – VP, Strategic Planning & IR

Rick Smith – President and CEO

Andy Welch – EVP and CFO

Analysts

Josh Attie – Citigroup

Chris Woronka – Deutsche Bank

Will Marks – JMP Securities

Patrick Scholes – FBR Capital Markets

David Loeb – Robert W Baird

Bryan Maher – Credit Securities

Susan Berlinger – JPMorgan

Bryan Scinder – BAM

Presentation

Operator

Good morning, my name is Amanda and I will be your conference operator today. At this time, I would like to welcome everyone to FalCor’s Third Quarter Earnings Conference Call. (Operator instructions)

Mr. Steve Schafer, you may begin your conference.

Steve Schafer

Thank you and good morning to everyone on the call. With me this morning are Rick Smith, President and CEO; and Andy Welch, Executive Vice President and Chief Financial Officer. They will address the current operating environment, results for the quarter, and our outlook. Following their remarks, we will take your questions.

Before I turn the call over to Rick, let me remind you that with the exception of historical information, the matters discussed on this conference call may include forward-looking statements within the meaning of the Federal Securities laws. Those forward-looking statements are expressions of current expectations and are not guarantees of future performance.

Numerous risks and uncertainties in the occurrence of future events may cause actual results to differ materially from those currently expected. These risks and uncertainties are described in FelCor’s filing with the Securities and Exchange Commission. Although we believe our current expectations to be based upon reasonable assumptions, we cannot assure you that our expectations will be attained or that actual results will not differ materially.

With that, I will turn it over to Rick.

Rick Smith

Thanks, Steve. Good morning, everyone and thanks for joining us this morning. It was a busy and productive quarter.

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