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Hospitality Properties Trust

 

HPT

Hospitality Properties Trust is a real estate investment trust that invests in hotels. The properties are operated by companies unaffiliated with HPT: Host Marriott Corporation; Marriott International, Inc.; InterContinental Hotels Group, plc; Barcelo Crestline Corporation; Global Hyatt Corporation; Carlson Hotels Worldwide, and BRE/Homestead Village LLC . As of December 2006, the hotels are operated as Courtyard by Marriott, Candlewood Suites, Staybridge Suites, Residence Inn by Marriott, Homestead Studio Suites, Marriott Hotels and Resorts, Radisson Hotels & Resorts, Country Inns & Suites by Carlson, Holiday Inn Hotels & Resorts, or SpringHill Suites by Marriott. In January 2007, HPT completed the acquisition of TravelCenters of America, Inc., and spun out to HPT shareholders a subsidiary, TravelCenters of America LLC, which will lease this real estate and continue the fuel services and hospitality business of TravelCenters.

 

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