Profile: Hospitality Properties Trust (HPT.O)
2 Dec 2016
Hospitality Properties Trust, incorporated on May 12, 1995, is a real estate investment trust. The Company owns approximately 300 hotels with over 45,860 rooms or suites, and approximately 190 travel centers. The Company's segments include hotel investments, travel center investments and corporate. The Company's properties are located in approximately 50 states in the United States, Canada and Puerto Rico. The Company's hotels are operated as Courtyard by Marriott, Royal Sonesta, Sonesta Hotels & Resorts, Candlewood Suites, Residence Inn by Marriott, Sonesta ES Suites, Crowne Plaza Hotels & Resorts, Staybridge Suites, Hyatt Place, Wyndham Grand, Wyndham Hotels & Resorts, InterContinental Hotels & Resorts, Marriott Hotels and Resorts, the Clift Hotel, Radisson Hotels & Resorts, TownePlace Suites by Marriott, Hawthorn Suites, Country Inns & Suites by Carlson, Holiday Inn Hotels & Resorts, SpringHill Suites by Marriott, and Park Plaza Hotels & Resorts.
The Company's Courtyard by Marriott hotels contain between 108 and 296 guest rooms. Courtyard by Marriott hotels generally have a market offering round the clock snacks and beverages; a restaurant and lounge offering meal service, grab and go, and Starbucks coffee; meeting rooms; business services; a fitness center, and guest laundry. Royal Sonesta and Sonesta Hotels & Resorts hotels offer accommodations to business and leisure travelers. The Company's Royal Sonesta and Sonesta Hotels & Resorts hotels contain between 195 and 485 guest rooms. Royal Sonesta and Sonesta Hotels & Resorts hotels have amenities, such as ballroom/meeting space ranging from 10,000 to 50,000 square feet, business center, fitness center and concierge services, in room dining and complimentary Internet access. Candlewood Suites hotels are extended stay hotels offering studio and one bedroom suites. Candlewood Suites hotels contain between 81 and 276 suites. Each Candlewood Suites suite contains a kitchen, a combination living and work space, and a sleeping area. The Company's Residence Inn by Marriott hotels have between 102 and 231 studio, and one bedroom and two bedroom suites. Sonesta ES Suites offer residence-style suites, including oversized studio, and one and two bedroom suites. Sonesta ES Suites contain between 93 and 150 suites.
The Company's Crowne Plaza Hotels & Resorts hotels contain between 304 and 613 rooms, and between 5,000 and 25,000 square feet of meeting and banquet space. The Crowne Plaza Hotels & Resorts brand offers a range of services and amenities, including guest rooms with work space, a range of business services, concierge services, dining choices, fitness facilities and meeting capabilities. Staybridge Suites are extended stay hotels that offer residential style studio, and one or two bedroom suites for business, governmental, relocation and family travelers. Staybridge Suites hotels contain between 92 and 150 suites. Its Hyatt Place hotels are located in urban, suburban and airport locations. Hyatt Place hotels contain between 98 and 134 rooms. Hyatt Place suites typically include bedding, a wet bar, granite counters, a sectional sofa, complimentary wireless fidelity (Wi-Fi) Internet and a media center with a large screen high definition plasma television. Wyndham Hotels & Resorts and Wyndham Grand hotels are properties located in business and vacation destinations. Wyndham branded hotels contain between 219 to 344 rooms with between 7,500 to 27,000 square feet of meeting space. Its InterContinental Hotels & Resorts hotels contain between 190 and 402 rooms. InterContinental Hotels & Resorts hotels have various amenities, such as a range of personal and business services, along with restaurants, cocktail lounges, pools, saunas, meeting space, and health/fitness centers.
The Company's Marriott Hotels and Resorts hotels contain between 356 and 392 rooms. The Company's Marriott Hotels and Resorts hotels have between 20,000 to 25,000 square feet of meeting and banquet space, and include amenities, such as a range of personal and business services, as well as Wi-Fi enabled lobbies, a choice of restaurants, room service, cocktail lounges, business centers, concierge floors, pools, and health/fitness centers. The Clift Hotel is a luxury hotel with approximately 370 rooms located within the Union Square district of San Francisco, California. The Clift Hotel features over 7,700 square feet of meeting space, a fine-dining restaurant, the Redwood Room bar, a fitness center, a business center and valet parking. Radisson Hotels & Resorts is a hotel brand that serves both the business and leisure traveler. Radisson Hotels & Resorts hotels offer various amenities and services, such as Sleep Number beds, desks, Internet access, a restaurant, room service and a pre-arrival online check in system. Radisson Hotels & Resorts hotels contain between 159 and 381 guest rooms. TownePlace Suites by Marriott are extended stay hotels offering studio, and one or two bedroom suites for business and leisure travelers. TownePlace Suites hotels contain between 94 and 141 suites.
The Company's Hawthorn Suites hotels have between 76 and 141 studio and one bedroom suites. Hawthorn Suites hotels offer a fitness center, guest laundry facilities, free hot breakfast and an evening hospitality hour. Country Inns & Suites by Carlson hotels contain between 84 and 180 rooms, and include amenities and services, such as rooms with microwaves and refrigerators, breakfast, and complimentary Internet access. Holiday Inn hotels contain between 190 and 300 rooms. The Holiday Inn brand's guest room offers a work desk, Internet access, a business center and in room coffee service. The Park Plaza Hotels & Resorts hotels offer amenities and services, such as guest rooms with work areas, Internet access, room service and a restaurant. Approximately 150 of the Company's travel centers are operated under the TravelCenters of America or TA brand names, and over 50 are operated under the Petro Stopping Centers, or Petro, brand name. The Company's properties' locations include Alabama, Arkansas, Arizona, California, Delaware, Florida, Iowa, Hawaii, Idaho, Kansas, Maryland, Michigan, Ohio, Nevada, Oregon, Texas and Wisconsin in the United States; Ontario, Canada, and Puerto Rico.
The Company competes with Pilot Flying J Inc. and Love's Travel Stops & Country Stores.
Hospitality Properties Trust
255 Washington St Ste 300
NEWTON MA 02458-1634