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December 23, 2013
Implements Changes Announced Earlier this Year to Further Align Interests of Management with Shareholders While Maintaining Low Cost Structure New Incentive Fee Based on Three Year Total Return per Share Relative to Performance of Other Hotel REITs Eliminates Related Party Purchase Rights for Property Sales Hospitality Properties Trust (NYSE: HPT) today announced that it has amended its business management agreement with Reit Management & Research LLC, or RMR, effective January 1, 2014. The amended agreement implements the previously announced plan to change the business management agreement, as follows: New Base Management Fee : The new calculation of the base management fee will be based on approximately 0.5% multiplied by the lower of: (i) the historical cost of HPT's real estate assets or (ii) HPT's total market capitalization. The comparatively low level of general and administrative, or G&A, expenses that HPT has historically enjoyed will continue, but with this change...
December 3, 2013
Hospitality Properties Trust (NYSE: HPT) today announced that its Board of Trustees has declared the regular quarterly dividend on HPT's Series D Cumulative Redeemable Preferred Shares. A distribution of $0.4453125 per Series D preferred share is payable on or about January 15, 2014, to holders of record at the close of business on December 31, 2013. Hospitality Properties Trust is a real estate investment trust, or REIT, which owns 291 hotels and 184 travel centers located in 44 states, Puerto Rico and Canada. HPT is headquartered in Newton, Massachusetts. Hospitality Properties Trust Timothy A. Bonang, 617-796-8232 Vice President, Investor Relations, or Katie Strohacker, 617-796-8232 Senior Manager, Investor Relations
November 13, 2013
Hospitality Properties Trust (NYSE: HPT) today announced that the underwriters of its public offering have exercised, in full, their option to purchase an additional 1,275,000 common shares. The sale of the additional common shares and the sale of the original public offering of 8,500,000 common shares closed today, November 13, 2013. The joint book-running managers for the common share offering are Citigroup, BofA Merrill Lynch and Morgan Stanley. The co-lead managers are Jefferies, RBC Capital Markets, UBS Investment Bank, and Wells Fargo Securities. The co-managers are Baird, BB&T Capital Markets, Janney Montgomery Scott, JMP Securities, MLV & Co., and Oppenheimer & Co. This press release is neither an offer to sell nor a solicitation of an offer to buy HPT common shares, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws...

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Stock Quote: NASDAQ

Price 7.66

Change +0.03

Volume 662,691

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Intraday High 7.68

52 Week High 11.57

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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 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.