IRVING, TX-FelCor Lodging Trust Inc. has sold the 223-room Embassy Suites hotel in Baton Rouge for $20 million. FelCor, based in Irving, said only that it will use the proceeds to repay outstanding debt. It announced the sale on Thursday.
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 63 hotels, which are flagged under globally renowned names
and premier independent hotels.