FelCor Lodging Trust's CEO Discusses Q2 2012 Results - Earnings Call Transcript

FelCor Lodging Trust Incorporated (FCH)

Q2 2012 Earnings Call

July 25, 2012 11:00 am ET


Steve Schafer - VP, IR

Rick Smith - President & CEO

Andy Welch - EVP & CFO


Eli Hackel - Goldman Sachs

Nikhil Bhalla - FBR

Patrick Scholes - SunTrust

Tim Wengerd - Deutsche Bank

Josh Attie - Citigroup

Susan Berliner - JPMorgan

Smedes Rose - Keefe, Bruyette & Woods



Good morning, my name is Heidi and I will be your conference operator today. At this time, I would like to welcome everyone to FelCor’s second quarter earnings conference call. (Operator instructions) After the speakers’ remarks there will be a question-and-answer session. (Operator Instructions). Thank you. Mr. Steve Schafer, you may begin your call.

Steve Schafer

Thank you and good morning. With me are Rick Smith, President and CEO; and Andy Welch, Executive Vice President and Chief Financial Officer. They will address the current operating outlook 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. These 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 filings with the SEC. Although, we believe our current expectations to be based upon reasonable assumptions, we cannot assure you that our expectations will be attained and that actual results will not differ materially. And with that, I’ll turn the call over to Rick.

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