- Hospitality Properties Trust's (HPT) Q2 normalized FFO per share increases to $1.07, in-line with the average analyst estimate, from $1.06 a year earlier.
- Q2 total revenue increased to $612.0M vs. $570.6M Y/Y.
- Q2 adjusted EBITDA advances 3% to $226.9M.
- Comparable hotel RevPAR up 2.0% to $105.91 while RevPAR for all of its hotels fell 0.1% to $103.57.
- Coverage of HPT's minimum returns and rents for hotels 1.22x vs. 1.26x Y/Y.
- Coverage of HPT's minimum rents for travel centers 1.69x vs. 1.60x Y/Y.
- Source: Press Release
- Previously: Hospitality Properties FFO in-line, beats on revenue (Aug. 9)