FelCor declares dividends: FelCor Lodging Trust Inc. declared current quarterly dividends payable at US$0.4875 per share on its Series A Preferred Stock and US$0.50 per depositary share. The dividend payment date is January 31, 2012.
2 Marriott hotels announced: Developer Barry Swenson Builder announced that it would open a 175-room Residence Inn and 146-room SpringHill Suites near the airport of San Jose, California, in 2014.
Read more at San Jose Mercury News
Interstate expands in Colorado: Interstate Hotels & Resorts has signed an agreement to manage the Holiday Inn Express Hotel & Suites in Montrose, Colorado, effective December 29, 2011.
Midas expands in Ohio: Midas Hospitality bought a 111-room Staybridge Inn & Suites in Dublin, Ohio, for US$6.3 million.