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December 31, 2003
Newton, MA (December 31, 2003). Hospitality Properties Trust (NYSE: HPT) today completed several agreements which were previously announced including the acquisition of 12 Candlewood hotels for $90 million and a new management agreement with InterContinental Hotels Group (LSE/NYSE: IHG) for operation of all Candlewood hotels owned by HPT. Upon closing these agreements today, HPT now owns 76 Candlewood hotels which are now operated by IHG as Candlewood Suites hotels. Also, HPT's Owner's Priority return on its 76 Candlewood Suites hotels is partially guaranteed by IHG. Prior to the closing today HPT owned 64 Candlewood Suites hotels which were leased to Candlewood Hotel Group (OTC: CNDL). In early 2003 CNDL advised HPT that CNDL was considering strategic alternatives. Since that time, HPT has been working with CNDL and its advisors regarding various long term alternatives for the HPT owned Candlewood Suites hotels. The agreements completed today are the result of these efforts. Pursuant...
December 18, 2003
Newton, MA (December 18, 2003): Hospitality Properties Trust (NYSE: HPT) today announced a regular quarterly dividend of $0.72 per common share ($2.88 per share per year). This dividend is based upon the operating results for the quarter ending December 31, 2003. This regular quarterly dividend will be paid to common shareholders of record as of the close of business on December 31, 2003, and distributed on or about January 30, 2004. Hospitality Properties Trust is a real estate investment trust headquartered in Newton, MA. HPT currently has investments of approximately $3 billion in 274 hotels located in 38 states....
December 18, 2003
Newton, MA (December 18, 2003): Hospitality Properties Trust (NYSE: HPT) today announced the resignation of Thomas M. O'Brien as its Executive Vice President, a position he held since 2002 after serving as HPT's Chief Financial Officer and Treasurer since 1996. Mr. O'Brien resigned his position today to focus his efforts on activities of the RMR Real Estate Fund, which is managed by an affiliate of Reit Management & Research LLC, HPT's investment manager. HPT does not expect to immediately fill Mr. O'Brien's former position at the company; his HPT responsibilities will be assumed by existing HPT and Reit Management personnel. Hospitality Properties Trust is a real estate investment trust headquartered in Newton, MA. HPT currently has investments of approximately $3 billion in 274 hotels located in 38 states....

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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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