Hospitality Properties Trust Announces 2004 Dividend Allocation

January 10, 2005

NEWTON, Mass.--Hospitality Properties Trust (NYSE: HPT) today announced that the characterization of dividends for 2004 income tax reporting purposes is as follows:

Common Shares
                                                   Dividend Allocation
                                                         Per Share
                                                  --------------------
 Declaration   Record    Paid/Payable  Dividends   Ordinary  Return of
    Dates       Dates       Dates      Per Share    Income    Capital
 -----------  ---------  ------------  ---------- ----------- --------
   04/16/04   05/04/04      05/20/04     $0.7200     $0.7200  $0.0000
   07/01/04   07/22/04      08/20/04      0.7200      0.7200   0.0000
   10/01/04   10/22/04      11/19/04      0.7200      0.7200   0.0000
   12/09/04   12/30/04      01/31/05      0.7200      0.7200   0.0000
                                       ---------- ----------- --------
                           TOTALS:       $2.8800     $2.8800  $0.0000
                                       ========== =========== ========
                                          100.00%     100.00%    0.00%

HPT's common share CUSIP number is 44106M102. The Company did not incur any foreign taxes and had no capital gains. None of the common dividends paid by the Company were Qualified Dividends. The Company reported that the common dividend declared on December 9, 2004 with a record date of December 30, 2004, and payable date of January 31, 2005 is taxable in 2004. This information represents final income allocations.

Series A Preferred Shares
                                                   Dividend Allocation
                                                        Per Share
                                                   -------------------
 Declaration    Record    Paid/Payable   Dividends  Ordinary Return of
    Dates        Dates        Dates      Per Share   Income   Capital
 -----------   ---------  -------------  --------- ---------- --------
   03/02/04    03/16/04       03/31/04    $0.5938    $0.5938  $0.0000
   03/10/04    04/12/04       04/12/04     0.0792     0.0792   0.0000
                                         --------- -------------------
                             TOTALS:      $0.6730    $0.6730  $0.0000
                                         ========= ===================
                                           100.00%    100.00%    0.00%

On April 12, 2004, the Company redeemed all of its outstanding Series A preferred shares. HPT's Series A preferred share CUSIP number is 44106M300. The Company did not incur any foreign taxes and had no capital gains. None of the Series A preferred dividends paid by the Company were Qualified Dividends. This information represents final income allocations.

Series B Preferred Shares
                                                   Dividend Allocation
                                                        Per Share
                                                   -------------------
 Declaration    Record    Paid/Payable   Dividends  Ordinary Return of
    Dates       Dates         Dates      Per Share   Income   Capital
 -----------  ----------  -------------  --------- ---------- --------
   11/12/03    01/02/04       01/15/04    $0.5547    $0.5547  $0.0000
   03/02/04    04/01/04       04/15/04     0.5547     0.5547   0.0000
   06/01/04    07/01/04       07/15/04     0.5547     0.5547   0.0000
   09/01/04    10/01/04       10/15/04     0.5547     0.5547   0.0000
   12/01/04    12/31/04       01/18/05     0.5547     0.5547   0.0000
                                         --------- ---------- --------
                             TOTALS:      $2.7734    $2.7734  $0.0000
                                         ========= ========== ========
                                           100.00%    100.00%    0.00%
HPT's Series B preferred share CUSIP number is 44106M409. The Company did not incur any foreign taxes and had no capital gains. None of the Series B preferred dividends paid by the Company were Qualified Dividends. The Company reported that the Series B preferred dividend declared on December 1, 2004 with a record date of December 31, 2004, and payable date of January 18, 2005 is taxable in 2004. This information represents final income allocations.

HPT is a real estate investment trust headquartered in Newton, MA, which invests in hotels. HPT currently has investments in 285 hotels in 38 states.

Hospitality Properties Trust Investor Relations:
Timothy A. Bonang
617-796-8149
www.hptreit.com

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.

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