Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hospitality Properties Trust. Global Credit Research- 05 Aug 2019. New York, August 05, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Hospitality Properties Trust and other ratings that are associated with the same analytical unit.
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced that it has amended and restated its credit agreement governing its $1 billion unsecured revolving credit facility and $400 million unsecured term loan. Prior to the amendment, HPT’s $1 billion revolving credit facility had a maturity date of July 15, 2018 and required interest on drawings at a rate of LIBOR plus 110 basis points per annum. The maturity date of the amended revolving credit facility was extended to July 15, 2022, and ...
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced that it will issue a press release containing its first quarter 2018 results before the Nasdaq opens on Wednesday, May 9, 2018. Later that morning, at 10:00 a.m. Eastern Time, President John Murray and Chief Financial Officer Mark Kleifges will host a conference call to discuss these results. The conference call telephone number is (877) 329-3720. Participants calling from outside the United States and Canada should dial (412) 317-5434...
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced it has raised its regular quarterly cash distribution on its common shares by $0.01 to $0.53 per common share ($2.12 per share per year). This distribution will be paid to HPT’s common shareholders of record as of the close of business on April 30, 2018 and distributed on or about May 17, 2018. Since August 2012, HPT’s common dividend has increased annually for seven consecutive years for a total increase of 17.8%. Hospitality Properti...
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced that John G. Murray has been elected as a Managing Trustee of HPT effective April 12, 2018 to fill a vacancy on the Board. Mr. Murray (age 57) has served as the President and Chief Operating Officer of HPT since 1996 and had previously served as Chief Financial Officer since HPT’s initial public offering in 1995. In addition, Mr. Murray is Executive Vice President of The RMR Group LLC. Prior to joining RMR in 1993, Mr. Murray worked at...
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced that it will issue a press release containing its fourth quarter 2017 results before the Nasdaq opens on Thursday, March 1, 2018. Later that morning, at 10:00 a.m. Eastern Time, President John Murray and Chief Financial Officer Mark Kleifges will host a conference call to discuss these results. The conference call telephone number is (877) 329-3720. Participants calling from outside the United States and Canada should dial (412) ...
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced that it has priced an underwritten public offering of $400 million of 4.375% unsecured senior notes due February 15, 2030. The settlement of this offering is expected to occur on February 2, 2018, subject to customary closing conditions. HPT expects to use the net proceeds from this offering to repay amounts outstanding under its unsecured revolving credit facility and for general business purposes. The joint book-runni...
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced a regular quarterly cash distribution on its common shares of $0.52 per common share ($2.08 per share per year). This distribution will be paid to HPT’s common shareholders of record as of the close of business on January 29, 2018 and distributed on or about February 22, 2018. Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, Puerto...
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced that it will issue a press release containing its third quarter 2017 results before the Nasdaq opens on Wednesday, November 8, 2017. Later that morning, at 10:00 a.m. Eastern Time, President John Murray and Chief Financial Officer Mark Kleifges will host a conference call to discuss these results. The conference call telephone number is (877) 329-3720. Participants calling from outside the United States and Canada should dial (412) ...
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced that it has priced an underwritten public offering of $400 million of 3.950% unsecured senior notes due January 15, 2028. The settlement of this offering is expected to occur on October 26, 2017, subject to customary closing conditions. HPT expects to use the net proceeds from this offering to repay amounts outstanding under its unsecured revolving credit facility and for general business purposes. The joint book-runnin...
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced a regular quarterly cash distribution on its common shares of $0.52 per common share ($2.08 per share per year). This distribution will be paid to HPT’s common shareholders of record as of the close of business on October 23, 2017 and distributed on or about November 16, 2017. Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, Puerto...
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