Hospitality Properties Trust

Hospitality Properties Trust (NYSE: HPT) is a real estate investment trust, or REIT, which owns 291 hotels and owns or leases 185 travel centers located throughout the United States, Canada and Puerto Rico. We do not operate hotels or travel centers. Instead, all of our properties are operated by other companies under long term management or lease agreements. As of June 30, 2014, the largest combination agreement based upon investment includes 145 travel centers located in 39 states and the smallest contract includes one hotel with 372 rooms. Our hotels are operated by some of the largest and most experienced hotel management companies in the world, including Marriott International, InterContinental Hotels, Hyatt Corporation, Carlson Hotels Worldwide, Sonesta International Hotels Corporation, Wyndham Hotel Group and Morgans Hotel Group. Our travel centers are operated by TravelCenters of America LLC (NYSE: TA).