NEWTON, Mass.--Hospitality Properties Trust (NYSE: HPT) today
announced that HRPT Properties Trust (NYSE: HRP) has sold its remaining
position in HPT through the sale of 4,000,000 common shares under an
existing shelf registration statement. HRPT paid all the costs
associated with this transaction and HPT will not receive any proceeds
from the sale of the shares.
Merrill Lynch & Co. and RBC Capital Markets acted as sole underwriters for the transaction.
This communication shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state in which the offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities
laws of the state. Copies of the final prospectus and prospectus
supplement may be obtained from the offices of Merrill Lynch & Co., 4
World Financial Center, New York, NY 10080 (telephone: 212-449-1000),
or RBC Capital Markets, Equity Syndicate Department, One Liberty Plaza,
165 Broadway, New York, NY 10006 (telephone: 212-428-6665).
Hospitality Properties Trust is a real estate investment trust, or
REIT, which owns 307 hotels located in 38 states, Puerto Rico and
Canada. HPT is headquartered in Newton, Massachusetts.
Hospitality Properties Trust
Timothy A. Bonang
617-796-8149
www.hptreit.com