Hotel & Travel Center Real Estate

Featured Presentation

Latest News

May 10, 2018
Hospitality Properties Trust (Nasdaq: HPT) today announced that it has amended and restated its credit agreement governing its $1 billion unsecured revolving credit facility and $400 million unsecured term loan. Prior to the amendment, HPT’s $1 billion revolving credit facility had a maturity date of July 15, 2018 and required interest on drawings at a rate of LIBOR plus 110 basis points per annum. The maturity date of the amended revolving credit facility was extended to July 15, 2022, and interest payable on drawings under this facility has been reduced to a rate of LIBOR plus 100 basis points per annum. The facility fee remains unchanged at 20 basis points per annum on the total amount of lending commitments under this facility. Both the premium over LIBOR and the facility fee continue to be subject to adjustments based on changes to HPT’s credit ratings. The amended credit agreement also includes a borrower’s option to further extend the stated maturity date of this facility for...
May 9, 2018
First Quarter Net Income Available for Common Shareholders of $0.49 Per Share First Quarter Normalized FFO Available for Common Shareholders of $0.94 Per Share Hospitality Properties Trust (Nasdaq: HPT) today announced its financial results for the quarter ended March 31, 2018: Three Months Ended March 31, 2018       2017 ($ in thousands, except per share and RevPAR data)   Net income available for common shareholders $ 80,206 $ 25,843 Net income available for common shareholders per share $ 0.49 $ 0.16 Adjusted EBITDA (1) $ 202,956 $ 194,576 Normalized FFO available for common shareholders (1) $ 154,868 $ 148,807 Normalized FFO available for common shareholders per share (1) $ 0.94 $ 0.91   Portfolio Performance Comparable hotel RevPAR $ 91.63 $ 89.85...

Hotel Brands

candlewood Suites logo Country Inn and Suites logo Courtyard logo Crowne Plaza logo hawthorn Suites By Wyndham logo holiday Inn Hotel sand Resorts logo hyatt Place logo intercontinental hotels resorts logo kimpton logo marriott Hotels and Resorts logo park Plaza Hotel and Resorts logo radisson Hotels and Resorts logo Residence Inn Marriott logo royal Sonesta Hotel logo sonesta Collection Hotels Resorts Suites logo sonesta ESSuites logo Spring Hill Suites logo Staybridge logo the Clift Hotel logo Towne Place Suites Marriott logo wyndham Hotels and resorts logo

Travel Center Brands

petro Stopping Centers logo travel Centers of America logo

Cautionary Language

The information appearing on HPT’s website includes statements which constitute forward looking statements. These forward looking statements are based upon HPT’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. HPT’s actual results may differ materially from those contained in HPT’s forward looking statements. The information contained in HPT’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in HPT’s periodic reports and other filings, identifies important factors that could cause HPT’s actual results to differ materially from those stated in HPT’s forward looking statements. HPT’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on HPT’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.

The documents provided in this archived section are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued or such earlier date stated in those documents. Except as required by law, Hospitality Properties Trust does not undertake any obligation to update any information contained in these documents. For current information about the company, please refer to our most recent public SEC Filings.

OK