Hospitality Properties Trust

Public Company, Headquarters Location
400 Centre St., Newton, MA 02458-2094, United States
(617)964-8389, (617)969-5730 fax, http://www.hptreit.com

Primary SIC: Real Estate Investment Trusts, Primary NAICS: Real Estate Investment Trusts
Description: Hospitality Properties Trust is a real estate investment trust (REIT) formed in 1995 in Maryland and based in Newton, Mass. As of December 31, 2008, the company owned 289 hotels with 42,881 rooms or suites, and 185 travel centers. These properties are located in 44 states in the United States, Canada and Puerto Rico. The hotels are operated as Courtyard by Marriott, Candlewood Suites, Staybridge Suites, Residence Inn by Marriott, Crowne Plaza Hotels and Resorts, Hyatt Place, AmeriSuites, InterContinental Hotels and Resorts, Marriott Hotels and Resorts, Radisson Hotels and Resorts, TownePlace Suites by Marriott, Country Inns and Suites by Carlson, Holiday Inn Hotels and Resorts, SpringHill Suites by Marriott, or Park Plaza Hotels and Resorts. Of the 185 travel centers, 145 are operated under the TravelCenters of America or TA brand names and 40 are operated under the Petro Stopping Centers brand name. The typical travel center generally contains: parking for 170 tractor trailers and 100 cars; a full service restaurant and one to three quick service restaurants, which are operated under nationally recognized brands; a truck repair facility and parts store; multiple diesel and gasoline fueling points; a travel and convenience store; and a game room, lounge, private showers and other amenities. In addition, some of the travel centers include a hotel. More

Finance: Real estate investment trust.