HPT to Present at CSFB's 2004 REIT Conference

January 23, 2004

Newton, MA (January 23, 2004): Hospitality Properties Trust (NYSE: HPT) today announced that President and Chief Operating Officer John G. Murray will make a presentation regarding the Company at Credit Suisse First Boston's 2004 REIT Conference in New York on Wednesday, January 28, 2004. Mr. Murray's presentation is scheduled to begin at 10:30 a.m. (EST).

The presentation is being audio webcast and can be accessed via a link with the Company's website at http://www.hptreit.com. A replay of the presentation will be archived for 30 days following the conference. The slide presentation will be available on HPT's website beginning the morning of the presentation and can be accessed at www.hptreit.com.

HPT is a real estate investment trust headquartered in Newton, MA, which invests in hotels. HPT currently has investments of approximately $3.0 billion in 286 hotels in 38 states.

WARNING REGARDING FORWARD LOOKING STATEMENTS

THE FOREGOING PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND THE FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON HPT'S PRESENT BELIEFS AND EXPECTATIONS, BUT THEY ARE NOT GUARANTEED TO OCCUR. FOR EXAMPLE, MR. MURRAY'S PRESENTATION MAY BE RESCHEDULED TO A DIFFERENT DATE OR TIME OR CANCELLED DUE TO SCHEDULING CONFLICTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.

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Cautionary Language

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.