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Home > Company Index > Real Estate > REIT - Hotel/Motel > Hospitality Properties Trust
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Hospitality Properties Trust |
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NEWS FROM THE WIRES |
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Hospitality Properties sets 5.75 mln share offering Jul 31 2001 01:46 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Hospitality Properties Trust is a real estate investment trust (REIT) that owns and leases hotel properties. Spun off from HRPT Properties Trust, the company has investments in more than 200 hotels in 36 states. The REIT's hotels include Wyndham Garden (upscale), Courtyard by Marriott (business and leisure), Residence Inn by Marriott (long-term stays), and Sumner Suites (budget). The company buys properties, then contracts with their sellers or other third parties to lease and operate them. Barry Portnoy and Gerard Martin together own 7% of Hospitality Properties Trust, which is administered by another company the two men own, REIT Management Research.
COMPETITION |
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FelCor Lodging Trust Incorporated (FCH)
Host Marriott Corporation (HMT)
MeriStar Hospitality Corporation (MHX)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 263.00
1-Yr. Sales Growth: 10.9%
Employees: 195
Revenue per employee: $1,348,717.95
KEY PEOPLE |
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John G. Murray
CEO
Thomas M. O'Brien
CFO
CONTACT INFO |
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400 Centre St.
Newton, MA 02458
US
Phone: 617-964-8389
Fax: 617-969-5730
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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