HPT Announces Change of Executive Officer Slate

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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