Hospitality Properties Trust Announces Value of TravelCenters of America LLC Spin Off for Tax Reporting

February 7, 2007

NEWTON, Mass.--Hospitality Properties Trust (NYSE: HPT) today announced that, for tax reporting purposes, the value of its spin off of TravelCenters of America LLC (AMEX: TA) on January 31, 2007, was $32.34 per TA share. Since one TA share was distributed to HPT shareholders for every 10 HPT shares owned, the distribution to HPT shareholders will be valued at $3.23 per HPT share. Additional information about the tax character of this distribution and other distributions which may be made to HPT shareholders during 2007 will be provided to HPT shareholders after the end of 2007.

Hospitality Properties Trust is a real estate investment trust headquartered in Newton, MA which owns 310 hotels and 146 travel centers located throughout the United States, Puerto Rico and Canada.

Hospitality Properties Trust
Timothy A. Bonang
Manager of Investor Relations
(617) 796-8149
www.hptreit.com

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.

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