FelCor Cofounder to Receive ALIS Lifetime Achievement Award

WASHINGTON, DC—Thomas J. Corcoran, Jr., chairman of the board and cofounder of FelCor Lodging Trust, will be honored with the prestigious Lifetime Achievement Award at the Americas Lodging Investment Summit (ALIS), Jan. 23-25, 2017, in Los Angeles. This award is presented to an individual who has made significant contributions to the hospitality industry through their actions, deeds and great accomplishments.

As a veteran of the hospitality industry for more than 30 years, Corcoran began his long career in hospitality as a dishwasher at the age of 14. Accomplishments that led to Corcoran receiving the award include co-founding Felcor Lodging Trust 25 years ago and guiding the company’s continued success; mentoring colleagues and hospitality students; supporting numerous charities and community programs; and serving on a multitude of board appointments and taking the risks necessary to be an industry trailblazer and leader. Corcoran is a true champion of the lodging industry.

“We are very pleased to announce that the recipient of the ALIS Lifetime Achievement Award will be Tom Corcoran. Tom and his business partner, the late Hervey Feldman, were early hotel REIT pioneers with the formation of FelCor 25 years ago,” said Jim Burba, president of BHN and ALIS chair. “Tom has been an inspirational leader in guiding FelCor’s success and is also one of the most caring and community involved executives in the hotel industry. Perhaps the most endearing quality about Tom Corcoran from the ALIS perspective is his willingness to go all-in, sing a song, and have some fun on stage, if it brings a smile to the delegate’s face. If he ever tires of being a hotel executive, he has a career awaiting in Hollywood.”

“Tom’s story truly embodies the spirit of our industry—a story of hard work, dedication, and success,” said Katherine Lugar, president and CEO of the American Hotel & Lodging Association. “Coupled with his foresight and vision, Tom’s passion, perseverance, and innate leadership abilities led him to succeed with all of his many ventures throughout the years in hospitality. As a former Chair of AH&LA and continued active Board member, there is no one who is committed to the success and strength of the lodging industry and no one more deserving to receive this award more than Tom. On behalf of the entire industry, we congratulate Tom on his countless achievements.”