HPT Declares Preferred Dividends

May 16, 2003

Newton, MA (May 16, 2003): Hospitality Properties Trust (NYSE: HPT) today announced that its board of trustees has declared the regular quarterly preferred dividends as follows:

Series A Preferred Dividend

A distribution of $0.59375 per Series A preferred share is payable on or about June 30, 2003, to holders of record at the close of business on June 12, 2003.

Series B Preferred Dividend

A distribution of $0.5546875 per Series B preferred share is payable on or about July 15, 2003, to holders of record at the close of business on July 1, 2003.

Contact:
John G. Murray, President or
Mark L. Kleifges, CFO
(617) 964-8389
www.hptreit.com

Cautionary Language

The information appearing on SVC’s website includes statements which constitute forward looking statements. These forward looking statements are based upon SVC’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. SVC’s actual results may differ materially from those contained in SVC’s forward looking statements. The information contained in SVC’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in SVC’s periodic reports and other filings, identifies important factors that could cause SVC’s actual results to differ materially from those stated in SVC’s forward looking statements. SVC’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on SVC’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.

The documents provided in this archived section are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued or such earlier date stated in those documents. Except as required by law, Service Properties Trust does not undertake any obligation to update any information contained in these documents. For current information about the company, please refer to our most recent public SEC Filings.

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