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Home > Company Index > Real Estate > REIT - Hotel/Motel > Hospitality Properties Trust

Hospitality Properties Trust
NYSE: HPT
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 NEWS FROM THE WIRES
Hospitality Properties sets 5.75 mln share offering
Jul 31 2001 01:46 PM PDT

More WIRE STORIES about this company

 PROFILE
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
FelCor Lodging Trust Incorporated (FCH)
Host Marriott Corporation (HMT)
MeriStar Hospitality Corporation (MHX)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
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
• John G. Murray
    CEO
• Thomas M. O'Brien
    CFO

 CONTACT INFO
400 Centre St.
Newton, MA 02458
US
Phone: 617-964-8389
Fax: 617-969-5730
Online: Web Site

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