SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 1, 2002
HOSPITALITY PROPERTIES TRUST
(Exact name of registrant as specified in charter)
Maryland 1-11527 04-3262075
(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) identification number)
400 Centre Street, Newton, Massachusetts 02458
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: 617-964-8389
Item 5. Other Events
Following is the text of a press release issued by the Company on October 1,
2002:
FOR IMMEDIATE RELEASE Contact:
John G. Murray, President,
Thomas M. O'Brien, EVP, or
Mark Kleifges, CFO
(617) 964-8389
www.hptreit.com
HPT Announces Quarterly Common Dividend
And Election of New Officers
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NEWTON, Mass.-- October 1, 2002--Hospitality Properties Trust (NYSE: HPT) today
announced a regular quarterly dividend of $0.72 per common share ($2.88 per
share per year). This dividend is based upon the operating results for the
quarter ended September 30, 2002. This regular quarterly dividend will be paid
to common shareholders of record as of the close of business on October 25,
2002, and distributed on or about November 21, 2002.
HPT simultaneously announced that Thomas M. O'Brien has been promoted to become
the Executive Vice President. Mr. O'Brien has served as HPT's Treasurer and CFO
since 1996.
HPT also announced that its Board of Trustees has elected Mark L. Kleifges, age
42, as its new Treasurer and Chief Financial Officer. Mr. Kleifges will replace
Mr. O'Brien in those positions. Mr. Kleifges is a certified public accountant
and has been a vice president of Reit Management and Research, LLC, the
investment manager of HPT, since May 2002. Prior to May 2002 Mr. Kleifges was a
partner for nine years in the Real Estate and Hospitality Services Group of
Arthur Andersen LLP.
Hospitality Properties Trust is a real estate investment trust headquartered in
Newton, MA. HPT currently has investments of approximately $2.7 billion in 251
hotels located in 37 states.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HOSPITALITY PROPERTIES TRUST
By: /s/ John G. Murray
Name: John G. Murray
Title: President
Date: October 3, 2002