Hospitality Properties Trust (HPT) Misses Q3 FFO by 2c

Hospitality Properties Trust Announces Third Quarter 2016 Results

November 9, 2016 7:00 AM EST

Third Quarter Net Income of $0.30 per share

Normalized FFO of $1.03 per share for the Third Quarter

Comparable Hotel RevPAR for the Third Quarter Grows 3.8% Year Over Year

NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced its financial results for the quarter and nine months ended September 30, 2016.

           

Three Months Ended

Nine Months Ended

September 30,

September 30,

2016 2015 2016 2015

($ in thousands, except per share and RevPAR data)

  Net income available for common shareholders $ 46,646 $ 56,019 $ 144,426 $ 170,414 Net income available for common shareholders per share... More