David McGivney joins FelCor from Valor Communications as VP Income Tax

FelCor Lodging Trust Incorporated, one of the USA’s largest hotel real estate investment trusts (REITs), today announced the appointment of David W. McGivney as Vice President of Income Tax.

Mr. McGivney, 47, was most recently Vice President of Tax and Treasury for Valor Communications Group in Dallas, Texas. During his tenure with Valor, he held various management positions including Director of Tax. Mr. McGivney began his 23-year accounting career with Atlantic Richfield Oil & Gas Company in 1981. Mr. McGivney also has previously worked with KPMG, LLP and Knoll Pharmaceutical Company where he served as Senior Tax Manager and Tax Supervisor, respectively.

“David brings more than 23 years of progressive and diversified experience in both corporate and public accounting to FelCor and is a great addition to our team,” said Les Johnson, FelCor’s Senior Vice President, Controller and Principal Accounting Officer. “His extensive knowledge of tax and diverse business experience will be a tremendous asset to FelCor.”

Mr. McGivney received both a Master of Business Administration in Accounting and Bachelor of Science degree from Louisiana Tech University. Mr. McGivney is a Certified Public Accountant.

FelCor is the nation’s largest owner of full service, all-suite hotels. FelCor’s portfolio is comprised of 94 hotels, located in 26 states and Canada. FelCor owns 64 full service, all-suite hotels, and is the largest owner of Embassy Suites Hotels® and Doubletree Guest Suites® hotels. FelCor’s hotels are flagged under global brands such as Embassy Suites Hotels, Doubletree®, Hilton®, Sheraton®, Westin® and Holiday Inn®. FelCor has a current market capitalization of approximately $3.2 billion. Additional information can be found on the Company’s Web site athttp://www.felcor.com