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FelCor Announces Sale of Holiday Inn Nashville

IRVING, Texas--(BUSINESS WIRE)--FelCor Lodging Trust Incorporated (NYSE: FCH) today announced that it has sold the 383-room Holiday Inn Nashville Airport to an affiliate of Memphis-based Fairwood Capital, LLC for gross proceeds of $31.6 million. FelCor will use the proceeds to repay borrowings under its line of credit.