NEWTON, Mass.--(BUSINESS WIRE)--Hospitality Properties Trust (Nasdaq: HPT) today announced it has raised its regular quarterly cash distribution on its common shares by $0.01 to $0.54 per common share ($2.16 per share per year). This distribution will be paid to HPT’s common shareholders of record as of the close of business on April 29, 2019 and distributed on or about May 16, 2019. Since August 2012, HPT’s common dividend has increased annually for eight consecutive years.
Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, Washington, DC, Puerto Rico and Canada. HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

