Hospitality Properties Trust Announces Underwriters' Exercise of Option to Purchase Additional Shares

November 13, 2013

NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (NYSE: HPT) today announced that the underwriters of its public offering have exercised, in full, their option to purchase an additional 1,275,000 common shares. The sale of the additional common shares and the sale of the original public offering of 8,500,000 common shares closed today, November 13, 2013.

The joint book-running managers for the common share offering are Citigroup, BofA Merrill Lynch and Morgan Stanley. The co-lead managers are Jefferies, RBC Capital Markets, UBS Investment Bank, and Wells Fargo Securities. The co-managers are Baird, BB&T Capital Markets, Janney Montgomery Scott, JMP Securities, MLV & Co., and Oppenheimer & Co.

This press release is neither an offer to sell nor a solicitation of an offer to buy HPT common shares, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The prospectus supplement relating to this offering and related prospectus were filed with the Securities and Exchange Commission (SEC) and copies may be obtained by visiting the SEC's website at http://www.sec.gov or by contacting the offices of: Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (800) 831-9146; BofA Merrill Lynch, Attn: Prospectus Department, 222 Broadway, New York, NY 10038, email: dg.prospectusrequests@baml.com; or Morgan Stanley, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, telephone: (866) 718-1649, email: prospectus@morganstanley.com.

Hospitality Properties Trust
Timothy A. Bonang, 617-796-8232
Vice President, Investor Relations
or
Katie Strohacker, 617-796-8232
Senior Manager, Investor Relations

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