Hospitality Properties Trust Announces Underwriters` Exercise of Overallotment Option

NEWTON, Mass.--(Business Wire)--
Hospitality Properties Trust (NYSE: HPT) today announced that the underwriters
of its public offering have exercised, in full, their overallotment option to
purchase an additional 2,625,000 common shares of beneficial interest. The sale
of these shares will result in HPT raising additional net proceeds, after the
underwriting discount, of $28.9 million. The closing of the overallotment option
is expected to occur on July 1, 2009.

This offering is being conducted pursuant to an effective registration statement
previously filed with the Securities and Exchange Commission. This press release
shall not constitute an offer to sell, nor a solicitation of an offer to buy,
shares, nor shall there be any sale of these securities in any state or
jurisdiction in which the offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of such state or
jurisdiction.

Morgan Stanley, Citi and Wachovia Securities acted as joint book running
managers for this offering. RBC Capital Markets and UBS Investment Bank acted as
co-lead managers. Robert W. Baird & Co., Janney Montgomery Scott, Morgan Keegan
& Company, Inc., Oppenheimer & Co. and Stifel Nicolaus acted as co-managers for
this offering. Copies of the prospectus supplement and related prospectus may be
obtained from the offices of Morgan Stanley & Co. Incorporated, 180 Varick St.,
2nd Floor, New York, New York, 10014 Attention: Prospectus Department or by
email at prospectus@morganstanley.com, from the offices of Citi, Attn:
Prospectus Department, Brooklyn Army Terminal, 140 58th Street, 8th Floor,
Brooklyn, NY 11220, telephone (800) 831-9146, or from the offices of Wachovia
Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York,
New York, 10022, at (800) 326-5897 or email to equity-syndicate@wachovia.com.

WARNING REGARDING FORWARD LOOKING STATEMENTS

THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER FEDERAL SECURITIES
LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON HPT`S PRESENT
EXPECTATIONS, BUT THESE STATEMENTS ARE NOT GUARANTEED TO OCCUR. FOR EXAMPLE: THE
FACT THAT THE UNDERWRITERS HAVE EXERCISED THEIR OPTION TO PURCHASE 2,625,000
SHARES MAY IMPLY THAT THE CLOSING OF THIS SALE OF SHARES WILL OCCUR; BUT THE
CLOSING IS SUBJECT TO CONDITIONS CUSTOMARY IN TRANSACTIONS OF THIS TYPE AND MAY
BE DELAYED OR MAY NOT OCCUR AT ALL. INVESTORS SHOULD NOT PLACE UNDUE RELIANCE
UPON FORWARD LOOKING STATEMENTS.

A Maryland Real Estate Investment Trust with transferable shares of beneficial
interest listed on the New York Stock Exchange.

No shareholder, Trustee or officer is personally liable for any act or
obligation of the Trust.

Hospitality Properties Trust
Timothy A. Bonang, 617-796-8232
Director of Investor Relations
or
Carlynn Finn, 617-796-8232
Manager of Investor Relations

Copyright Business Wire 2009