NEWTON, Mass.--Hospitality Properties Trust (NYSE: HPT) today
announced that its board of trustees has declared the first regular
dividend on HPT's Series C Cumulative Redeemable Preferred Shares.
A distribution of $0.40833 per Series C Preferred Share will be
payable on or about May 15, 2007, to holders of record of Series C
Preferred Shares at the close of business on May 1, 2007. This is the
first dividend on the Series C Preferred Shares since their issuance on
February 21, 2007. As such, this dividend relates to the period from the
date of original issue (February 21, 2007) through (but excluding) May
15, 2007, which is less than one full quarter.
Hospitality Properties Trust is a real estate investment trust, or
REIT, which owns 310 hotels and 146 travel centers located in 44 states,
Puerto Rico and Canada. HPT is headquartered in Newton, Massachusetts.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the New York Stock Exchange.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
Hospitality Properties Trust
Timothy A. Bonang
617-796-8149
Manager of Investor Relations
www.hptreit.com