April 19, 2018
Marks Seventh Consecutive Year with a Dividend Increase Hospitality Properties Trust (Nasdaq: HPT) today announced it has raised its regular quarterly cash distribution on its common shares by $0.01 to $0.53 per common share ($2.12 per share per year). This distribution will be paid to HPT’s common shareholders of record as of the close of business on April 30, 2018 and distributed on or about May 17, 2018. Since August 2012, HPT’s common dividend has increased annually for seven consecutive years for a total increase of 17.8%. Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, Puerto Rico and Canada . HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts . WARNING REGARDING FORWARD LOOKING...
April 13, 2018
Hospitality Properties Trust (Nasdaq: HPT) today announced that John G. Murray has been elected as a Managing Trustee of HPT effective April 12, 2018 to fill a vacancy on the Board. Mr. Murray (age 57) has served as the President and Chief Operating Officer of HPT since 1996 and had previously served as Chief Financial Officer since HPT’s initial public offering in 1995. In addition, Mr. Murray is Executive Vice President of The RMR Group LLC. Prior to joining RMR in 1993, Mr. Murray worked at Fidelity Brokerage Services Inc. and Ernst & Young LLP. Mr. Murray is also a member of Marriott International's Owner Advisory Council and the Urban Land Institute’s (ULI) Hotel Development Council. Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, Puerto Rico and Canada . HPT’s properties are operated under long term management or lease agreements. HPT is managed by the operating...