Holiday Inn-Texarkana I-30 Completes $1.7 Million Renovation

Press Release

October 12, 1999
TEXARKANA, AR -- The Holiday Inn-Texarkana I-30 has completed a comprehensive $1.7 million renovation that has upgraded many areas of the hotel. The hotel is operated by Dallas-based Bristol Hotels & Resorts (NYSE:BH) and owned by FelCor Lodging Limited Partnership, a subsidiary of FelCor Lodging Trust (NYSE:FCH).

The hotel's 210 guestrooms received new drapes, upholstery and bedspreads, as well as new floor and wall coverings. Guestrooms now offer amenities that are popular with both business and leisure travelers, including in-room coffeemakers, data ports, irons, ironing boards, clock radios, voice mail and premium movie channels. New furniture, flooring and wall coverings were placed in the lobby.

The Holiday Inn-Texarkana I-30 features an indoor holidome recreation center with pool, ping pong and a video game room. An exercise room within the dome houses a treadmill, bicycle and stairclimber, or guests may take advantage of complimentary passes to a local fitness center.

Located at 5100 North Stateline Road, the hotel is in the heart of Texarkana's business district. It's just five minutes away from Four States Fairgrounds, the historical Ace of Clubs House, the Perot Theatre, and the Texarkana Museum.

"Our close proximity to major corporations such as Cooper Tire and Georgia Pacific makes our hotel the perfect place to hold corporate meetings or training seminars,'' said Linda Cullom, general manager of the Holiday Inn-Texarkana I-30. "We are especially proud of our executive conference room, which includes a conference table and seating area, as well as a wet bar, mini-refrigerator, microwave, television and VCR. We also have 1,600 square feet of meeting space that can accommodate up
to 125 people.''

Linda noted that one of the things that makes the Holiday Inn-Texarkana I-30 different from other hotels is the commitment of long-time employees.

"Several of our guest services associates have been with us for more than twenty years. Our guests feel like they are coming home when they stay at our hotel.''

The hotel's renovation is part of Bass Hotels & Resorts' billion and a half dollar modernization program of all Holiday Inns nationwide. Initiated in 1994, the program provides for upgrades and renovations to exteriors, public areas and guest rooms. The program is a "rolling'' initiative, which will effectively rejuvenate the entire Holiday Inn system every seven years.

Bristol Hotels & Resorts (NYSE:BH) is one of the largest independent hotel operators in the United States and operates the largest number of Bass Hotels & Resorts branded hotels in the world. Bristol's 115 hotels include nearly 31,000 rooms in 27 states and Canada. The company's hotels operate primarily in the mid-priced to upscale segments of the industry and are located in 19 of the top 25 lodging markets in the United States. Bristol operates nearly 90 Crowne Plaza and Holiday Inn properties and is a leading franchisee in Bass' $1.5 billion modernization program. By the year 2000, Bristol will have overseen the investment of $400 million in the redevelopment of Crowne Plaza and Holiday Inn hotels. Bristol offers additional information and reservations capability on its pages on the World Wide Web -- http://www.bristolhotels.com

FelCor Lodging Trust Incorporated (NYSE:FCH - news) is one of the nation's largest hotel real estate investment trusts. Since its initial public offering in 1994 with six hotels and 1,479 suites, FelCor's portfolio has grown to 187 hotels with nearly 50,000 rooms and suites. The company's hotel portfolio is primarily concentrated in the upscale and full-service segments. FelCor is the owner of the largest number of Embassy Suites®, Crowne Plaza®, Holiday Inn® and independently owned Doubletree®-branded hotels. Other leading hotel brands under which FelCor's hotels are operated include Sheraton Suites®, Sheraton® and Westin®. FelCor has a current market capitalization of approximately $3.5 billion. Additional information on the company can be found on the company's Web site at http://www.felcor.com.

Contact:

Bristol Hotels & Resorts, Addison
Amy Lambert, 972/391-3505