Hospitality Properties Trust Announces 2010 First Quarter Results

Funds from operations, or FFO, for the quarter ended March 31, 2010, were $94.3 million, or $0.76 per share, compared to FFO for the quarter ended March 31, 2009, of $89.6 million, or $0.95 per share. FFO for the quarter ended March 31, 2009, excludes a $26.6 million, or $0.28 per share, gain on extinguishment of debt. A reconciliation of FFO to net income as reported under generally accepted accounting principles, or GAAP, appears on page 4 of this press release.

Net income available for common shareholders was $33.4 million, or $0.27 per share, for the quarter ended March 31, 2010, compared to $53.6 million, or $0.57 per share, for the same quarter last year. Net income available for common shareholders for the quarter ended March 31, 2009, included the $26.6 million gain on extinguishment of debt.

The weighted average number of common shares outstanding totaled 123.4 million and 94.0 million for the quarters ended March 31, 2010 and 2009, respectively.

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Hospitality Properties Trust Announces 2009 Fourth Quarter Results

Net income available for common shareholders for the twelve months ended December 31, 2009 includes a $51.1 million, or $0.47 per share, non-cash gain on extinguishment of debt relating to HPT's repurchase of $367.4 million face amount of its 3.8% convertible senior notes and various issues of its senior notes for an aggregate purchase price of approximately $303.3 million, excluding accrued interest.

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Hospitality Properties Trust Announces 2009 Second Quarter Results

For the quarter ended une 30th 2009 FFO was $91,610,000 vs. $96,096,000 in 2008. On a year to date basis FFO has decreased from $203,643,000 in 2008 to $181,191,000 in 2009.

Supplemental Information: http://www.hptreit.com/controls/viewdocument.aspx?DocumentKey=183

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http://investor.shareholder.com/hptreit/releasedetail.cfm?releaseid=401720

Hospitality Properties to sell 15 million shares