Hospitality Properties Trust · Newton, MA United States · (NYSE: HPT)

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Company Description

400 Centre St.

Newton, MA

02458

United States (Map)

Phone: 617-964-8389

Fax: 617-969-5730

Rankings

S&P 400

More Companies in: Newton, Massachusetts

More Companies in These Related Industries: Hotels & Motels, Residential Rental Property

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Hospitality Properties Trust (HPT) rolls out the welcome mat for the road-weary. The real estate investment trust (REIT) owns nearly 300 hotels throughout the US and in Canada and Puerto Rico, as well as 185 full-service truck stops operating as TravelCenters of America and Petro Stopping Centers. Unlike other hospitality REITs, HPT invests in hotels but not does control the operations of those properties. Rather, it leases them to operating companies (usually former owners). Its hotels target different markets, from upscale (Crowne Plaza Hotels & Resorts) to business and family travelers (Residence Inn by Marriott). Also unlike some hospitality REITs, HPT is not affiliated with any one branded hotel company. To read the full description, subscribe now.

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Key Hospitality Properties Trust Financials

Company Type	Public - NYSE: HPT Headquarters
Fiscal Year-End	December
2009 Sales (mil.)	$1,037.2
2008 Employees	585

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Hospitality Properties Trust Executives

19 executives listed for Hospitality Properties Trust's Newton, MA location.

Title	Name & Bio	Contact
President, COO, and Assistant Secretary	John Murray	Email
CFO and Treasurer	Mark Kleifges	Email
SVP	Ethan Bornstein	Email

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Competition

Competitive Landscape for Hospitality Properties Trust

Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.

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Hospitality Properties Trust · Newton, MA United States · (NYSE: HPT)

Company Description

Hospitality Properties Trust Reports

Key Hospitality Properties Trust Financials

Hospitality Properties Trust Executives

Competition

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