Latest News

November 6, 2018
Third Quarter Net Income Available for Common Shareholders of $0.71 Per Share Third Quarter Normalized FFO Available for Common Shareholders of $1.06 Per Share Hospitality Properties Trust (Nasdaq: HPT) today announced its financial results for the quarter and nine months ended September 30, 2018: Three Months Ended Nine Months Ended September 30, September 30, 2018     2017 2018     2017 ($ in thousands, except per share and RevPAR data)   Net income available for common shareholders $ 117,099 $ 85,728 $ 294,594 $ 172,270 Net income available for common shareholders per share $ 0.71 $ 0.52 $ 1.79 $ 1.05 Adjusted EBITDA (1) $ 225,676 $ 223,469 $ 655,530 $ 638,342 Normalized FFO available for common shareholders (1) $ 174,653 $ 175,458 $ 505,714 $ 497,869 Normalized FFO available for common shareholders per share (1) $ 1.06 $ 1.07 $ 3.08 $ 3.03   Portfolio Performance Comparable hotel RevPAR $ 101.75 $ 102.28 $ 99.08 $ 98.07 Change in comparable hotel RevPAR (0.5 %) — 1.0...
October 25, 2018
Hospitality Properties Trust (Nasdaq: HPT) today announced that Brian E. Donley has been appointed as Chief Financial Officer and Treasurer, effective January 1, 2019. Mr. Donley has been HPT’s controller since 2007 and he has served in various finance and accounting leadership roles at The RMR Group (Nasdaq: RMR) since 1997. He has more than two decades of commercial real estate experience, including expertise in corporate finance and reporting, mergers and acquisitions, capital market transactions and compliance. Mr. Donley is also a certified public accountant. Mr. Donley succeeds Mark L. Kleifges who is retiring and therefore resigning from his positions with both HPT and RMR effective December 31, 2018. Mr. Kleifges has been with both HPT and RMR since 2002. To ensure a smooth transition, Mr. Kleifges will remain a non-executive employee of RMR until his retirement on June 30, 2019. Adam Portnoy, Managing Trustee of HPT and Managing Director, President and Chief Executive Officer...
October 18, 2018
Hospitality Properties Trust (Nasdaq: HPT) today announced a regular quarterly cash distribution on its common shares of $0.53 per common share ($2.12 per share per year). This distribution will be paid to HPT’s common shareholders of record as of the close of business on October 29, 2018 and distributed on or about November 15, 2018. Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, Puerto Rico and Canada. HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts. WARNING REGARDING FORWARD LOOKING STATEMENTS THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS...

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Price 7.66

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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.