December 17, 2004
NEWTON, Mass.-Hospitality Properties Trust (NYSE: HPT) today announced that it has agreed to purchase 13 hotels for $450 million. The 13 hotels to be purchased include four (4) full service luxury InterContinental Hotels, four (4) full service upscale Crowne Plaza Hotels, three (3) full service Holiday Inn Hotels and two (2) upscale, extended stay, all suites Staybridge Suites Hotels. These hotels have 3,946 rooms/suites and approximately 164,000 sq.ft. of meeting rooms. In addition, all of these hotels have exercise rooms/fitness centers and swimming pools; and the full service hotels have a total of 22 restaurants and 17 bars/lounge areas. These 13 hotels are located as follows: No. Approx. Location Hotel of Keys Meeting Space - - - - San Juan, PR InterContinental 402 17,000 sq.ft. Houston, TX InterContinental 485 50,000 sq.ft. Austin, TX InterContinental 189 6,000 sq.ft. Toronto, ON InterContinental 210 6,500 sq.ft. White Plains, NY Crowne Plaza 401 16,000 sq.ft. Redondo Beach, CA...
March 8, 2004
Newton, MA (March 8, 2004): Hospitality Properties Trust (NYSE: HPT) today announced that it has sold 600,000 common shares of beneficial interest at a price of $43.93 per share pursuant to a thirty-day option granted to underwriters of its recent equity offering which priced on February 18, 2004. The sale of these shares represents the entire overallotment option that was granted to underwriters in this offering. The joint book running managers for the offering were Merrill Lynch & Co. and Wachovia Securities. Co-managers were Legg Mason Wood Walker Incorporated, Morgan Stanley, RBC Capital Markets and UBS Investment Bank. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state. Copies of the prospectus supplement and related prospectus may be...
March 2, 2004
Newton, MA (March 2, 2004): 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 March 31, 2004, to holders of record at the close of business on March 16, 2004. Series B Preferred Dividend
A distribution of $0.5546875 per Series B preferred share is payable on or about April 15, 2004, to holders of record at the close of business on April 1, 2004....