NYSE: HPT...$24.03...Quarterly Dividend: $0.45...Yield: 7.49%

NYSE quotes delayed by at least 20 minutes.

Dividend security is a priority.

Since its founding in 1995, Hospitality Properties Trust has paid out $3.2 billion in distributions to investors. Its current common share distribution of $0.45 per share per quarter is well covered, with normalized funds from operations (FFO) payout ratio of 57%.
Conservative capital structure.

Hospitality Properties Trust is the only investment grade rated lodging REIT (Moody’s: Baa2; S&P: BBB-). It has a conservative balance sheet with debt to total book capitalization of 43%. It has well laddered debt maturities with approximately 67% coming due after 2014.
Risk mitigation.

Hospitality Properties Trust has geographic, brand and tenant diversity, along with strong operating agreements that require its managers or tenants to pay HPT fixed minimum returns or rents. It does not engage in new hotel development.
High quality assets.

Hospitality Properties Trust has a high quality hotel portfolio with low average historical cost of $93,000 per key and an irreplaceable travel center portfolio located along the U.S. Interstate Highway System.
Capacity for growth.

Hospitality Properties Trust has a new $750 million credit facility to use for acquisitions. The credit facility has no financing contingencies, which provides a competitive advantage and certainty of acquisition closure.

Hotel & Travel Center Real Estate

Featured Properties