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More on Hospitality Properties Q2: Comparable hotel RevPAR increases 2.0%

Aug. 09, 2018 9:05 AM ETService Properties Trust (SVC) StockBy: Liz Kiesche, SA News Editor
  • 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)

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