Hospitality Properties Trust Announces Annual Meeting Results

May 9, 2012

NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (NYSE: HPT) today announced the results of its annual meeting held earlier this week as follows:

Shareholders approved, with 93% of all shares voted, the adoption of the Hospitality Properties Trust 2012 Equity Compensation Plan.

Shareholders also approved, with 97% of all the shares voted, a nonbinding advisory resolution approving the compensation paid to the Company's named executive officers.

Shareholders approved, with 99% of all shares voted, the ratification of appointment of Ernst & Young LLP as HPT's independent registered public accounting firm.

Shareholders did not approve a non-binding proposal by the California Public Employee Pension Plan, or CalPERS, requesting that HPT take steps to require that all HPT Trustees stand for election each year. This proposal received 68% of the votes outstanding, which is less than the votes of 75% of the outstanding shares required for its adoption.

Mr. Adam D. Portnoy was re-elected as a Group II Managing Trustee, receiving 53% of all shares voted.

Dr. Bruce M. Gans received 42% of the shares voted, which was less than the majority of shares required to be re-elected as an Independent Trustee. As a result, Dr. Gans resigned from the Board. The Board determined that the insufficient vote for Dr. Gans appeared not to be directed at any personal failings of Dr. Gans, but rather to be the result of a policy position taken by the Board in opposition to CalPERS's proposal. In these circumstances, and because of the Board's determination that Dr. Gans's continued service would be in the Trust's best interest, the Board requested that Dr. Gans accept appointment to the vacancy created by his resignation. Dr. Gans subsequently accepted appointment as a Group II Independent Trustee.

Hospitality Properties Trust is a real estate investment trust, or REIT, which owns 290 hotels and 185 travel centers located in 44 states, Puerto Rico and Canada. HPT is headquartered in Newton, Massachusetts.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the New York Stock Exchange.

No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Hospitality Properties Trust
Timothy A. Bonang, 617-796-8232
Vice President, Investor Relations
or
Carlynn Finn, 617-796-8232
Manager, Investor Relations
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.

OK