Service Properties Trust — Director's Dealing 2012

Mar 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HOSPITALITY PROPERTIES TRUST (NYSE: HPT)
CIK: 0000945394
Period of Report: 2012-03-29

Reporting Person: PORTNOY BARRY M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-29	Common Shares of Beneficial Interest	J	18223	$26.47	Acquired	324576.396	Direct

Footnotes

F1: These shares were issued pursuant to a business management agreement between the Issuer and Reit Management & Research LLC ("RMR") of which Mr. Portnoy is a director and majority beneficial owner. Mr. Portnoy purchased these shares from RMR upon their issuance. Such transfers were exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13 thereunder.

F2: In accordance with the business management agreement referred to above, certain historical share price information was used to determine the number of common shares of beneficial interest paid to RMR. The per share price amount listed above is the closing sale price of the issuer's common shares of beneficial interest on the New York Stock Exchange on March 29, 2012, when the shares were issued and purchased.

F3: Includes 23,163.898 shares acquired under the Hospitality Properties Trust Dividend Reinvestment Plan since the last Section 16 filing by Mr. Portnoy.