923603--3/4/2008--FelCor_Lodging_Trust_Inc

related topics
{debt, indebtedness, cash}
{provision, law, control}
{investment, property, distribution}
{condition, economic, financial}
{regulation, change, law}
{operation, natural, condition}
{personnel, key, retain}
{cost, contract, operation}
{capital, credit, financial}
{interest, director, officer}
There are significant risks associated with our renovation and planned redevelopment projects that could adversely affect our financial condition, results of operations or cash flows from these projects Hospitality industry-related risks may adversely affect our business Future terrorist activities may adversely affect, and create uncertainty in, our business As a REIT, we are subject to specific tax laws and regulations, the violation of which could subject us to significant tax liabilities We depend on external sources of capital for future growth, and we may be unable to access capital when necessary Debt market conditions could have a material adverse impact on our earnings and financial condition We have substantial financial leverage Our debt agreements will allow us to incur additional debt, which, if incurred, could exacerbate the other risks described herein We have substantial variable rate debt We have restrictive debt covenants that could adversely affect our ability to finance our operations or engage in other business activities We own, and may acquire, interests in hotel joint ventures with third parties that expose us to some risk of additional liabilities or capital requirements Our charter contains limitations on ownership and transfer of shares of our stock that could adversely affect attempted transfers of our capital stock Some provisions in our charter and bylaws and Maryland law make a takeover of us more difficult Existing circumstances may result in two of our directors having interests that may conflict with our interests Departure of key personnel would deprive us of the institutional knowledge, expertise and leadership they provide

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