Feb 21 Felcor Lodging Trust Inc:
* Felcor Lodging Trust responds to Ashford Hospitality
Trust's unsolicited proposal
* "company has engaged with AHT since last fall; unable to
reach mutually beneficial terms"
* Felcor acknowledged receipt of AHT's intent to nominate
seven directors for nomination at company's next annual meeting
* "Felcor shareholders need take no action at this time"
* Felcor board will review AHT's proposal of Feb 21, 2017,
together with its financial, legal advisors, respond as
* Felcor board of directors will review AHT's nominees and
make a recommendation to shareholders in due course
* Proposal follows several months in which co engaged with
AHT to explore possibility that mutually deal could be reached
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