NEWTON, Mass.--Hospitality Properties Trust (NYSE: HPT) today
announced that, for tax reporting purposes, the value of its spin off of
TravelCenters of America LLC (AMEX: TA) on January 31, 2007, was $32.34
per TA share. Since one TA share was distributed to HPT shareholders
for every 10 HPT shares owned, the distribution to HPT shareholders will
be valued at $3.23 per HPT share. Additional information about the tax
character of this distribution and other distributions which may be made
to HPT shareholders during 2007 will be provided to HPT shareholders
after the end of 2007.
Hospitality Properties Trust is a real estate investment trust
headquartered in Newton, MA which owns 310 hotels and 146 travel centers
located throughout the United States, Puerto Rico and Canada.
Hospitality Properties Trust
Timothy A. Bonang
Manager of Investor Relations
(617) 796-8149
www.hptreit.com