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SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2012

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

Hospitality Properties Trust

SCHEDULE III—REAL ESTATE AND ACCUMULATED DEPRECIATION
DECEMBER 31, 2012
(dollars in millions)

		Initial Cost to Company						Costs Capitalized Subsequent to Acquisition									Gross Amount at which Carried at Close of Period
		Land			Building & Improvements			Improvements			Impairment			Cost Basis Adjustment(1)			Land			Building & Improvements			Total(2)
145 TravelCenters of America		$	586		$	885		$	237		$	—		$	—		$	599		$	1,109		$	1,708
71 Courtyards			127			643			150			(8	)		(10	)		125			777			902
40 Petro Stopping Centers			229			401			93			—			—			241			482			723
61 Candlewood Hotels			73			383			64			(14	)		(7	)		71			428			499
35 Residence Inns			67			326			88			(3	)		(3	)		68			407			475
19 Staybridge Suites			54			211			14			—			—			51			228			279
4 Royal Sonesta			48			175			22			(16	)		(9	)		51			169			220
22 Hyatt Place			24			185			33			—			—			24			218			242
6 Crowne Plaza			36			141			36			—			—			34			179			213
15 Sonesta ES Suites			33			130			33			(35	)		(29	)		36			96			132
5 Wyndham			30			132			4			(26	)		(8	)		30			102			132
1 Clift Hotel			28			80			—			—			—			28			80			108
3 InterContinental			17			100			77			—			—			14			180			194
12 TownePlace Suites			17			78			7			(15	)		(18	)		17			52			69
5 Radisson			7			88			12			—			—			8			99			107
16 Hawthorn Suites			14			77			1			(33	)		(18	)		14			27			41
2 Marriott Full Service			10			69			46			—			—			10			115			125
2 Sonesta			18			55			9			(15	)		(5	)		18			44			62
5 Country Inn			6			58			6			—			—			6			64			70
2 SpringHill Suites			3			15			2			—			—			3			17			20
1 Park Plaza			1			9			—			—			—			1			9			10
2 Holiday Inn			3			2			17			—			—			5			17			22
		$	1,431		$	4,243		$	951		$	(165	)	$	(107	)	$	1,454		$	4,899		$	6,353

(1)

Represents reclassifications between accumulated depreciation and building & improvements made to record certain properties at fair value in accordance with GAAP.

(2)

Excludes $546 of personal property classified on our consolidated balance sheet as furniture, fixtures and equipment.

Hospitality Properties Trust

SCHEDULE III—REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
DECEMBER 31, 2012
(dollars in millions)

		Accumulated Depreciation(1)			Date of Construction		Date Acquired		Life on which Depreciation in Latest Income Statement is Computed
145 TravelCenters of America		$	(295	)	1962 through 2005		2007		10 - 40 Years
71 Courtyards			(266	)	1987 through 2000		1995 through 2003		10 - 40 Years
35 Residence Inns			(128	)	1989 through 2002		1996 through 2005		10 - 40 Years
40 Petro Stopping Centers			(122	)	1975 through 2005		2007		10 - 40 Years
61 Candlewood Hotels			(120	)	1996 through 2000		1997 through 2003		10 - 40 Years
22 Hyatt Place			(81	)	1992 through 2000		1997 through 2002		10 - 40 Years
19 Staybridge Suites			(65	)	1989 through 2002		1996 through 2006		10 - 40 Years
3 InterContinental			(41	)	1924 through 1989		2006		10 - 40 Years
5 Radisson			(41	)	1987 through 1990		1996 through 1997		10 - 40 Years
6 Crowne Plaza			(35	)	1971 through 1987		2006		10 - 40 Years
2 Marriott Full Service			(35	)	1972 through 1995		1998 through 2001		10 - 40 Years
5 Country Inn			(28	)	1987 through 1997		1996 and 2005		10 - 40 Years
15 Sonesta ES Suites			(19	)	1996 through 2000		2012		10 - 40 Years
4 Royal Sonesta			(16	)	1971 through 1987		2012		10 - 40 Years
12 TownePlace Suites			(10	)	1997 through 2000		1998 through 2001		10 - 40 Years
2 Sonesta			(6	)	1924 through 1989		2012		10 - 40 Years
2 SpringHill Suites			(5	)	1997 through 2000		2000 through 2001		10 - 40 Years
2 Holiday Inn			(4	)	1984 through 2001		2006		10 - 40 Years
1 Park Plaza			(4	)	1987 through 1990		1996		10 - 40 Years
5 Wyndham Hotels and Resorts			(2	)	1960 through 1987		2012		10 - 40 Years
16 Hawthorn Suites			(2	)	1996 through 2000		2012		10 - 40 Years
1 Clift Hotel			—		1913		2012		10 - 40 Years
Total (489 properties)		$	(1,325	)

(1)

Excludes accumulated depreciation of $226 related to personal property classified on our consolidated balance sheet as furniture, fixtures and equipment.

HOSPITALITY PROPERTIES TRUST

NOTES TO SCHEDULE III
DECEMBER 31, 2011
(dollars in thousands)

(A)

The change in total cost of properties for the period from January 1, 2010 to December 31, 2012, is as follows:

		2012			2011			2010
Balance at beginning of year		$	5,851,887		$	5,845,794		$	5,938,200
Additions: acquisitions and capital expenditures			563,793			145,948			81,786
Dispositions			(42,668	)		(11,459	)		(10,511	)
Loss on asset impairment			(861	)		(16,384	)		(163,681	)
Cost basis adjustment(1)			(19,863	)		(112,012	)		—
Balance at close of year		$	6,352,288		$	5,851,887		$	5,845,794

(B)

The change in accumulated depreciation for the period from January 1, 2010 to December 31, 2012, is as follows:

		2012			2011			2010
Balance at beginning of year		$	1,181,413		$	1,133,924		$	973,801
Additions: depreciation expense			182,782			164,706			170,634
Dispositions			(19,604	)		(5,205	)		(10,511	)
Cost basis adjustment(1)			(19,863	)		(112,012	)		—
Balance at close of year		$	1,324,728		$	1,181,413		$	1,133,924

(C)

The net tax basis for federal income tax purposes of our real estate properties was $3,875,275 on December 31, 2012.

(1)

Represents reclassifications between accumulated depreciation and building & improvements made to record certain properties at fair value in accordance with GAAP.

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- Definition

The entire disclosure for real estate and accumulated depreciation. This may include a schedule that describes the property and lists the initial cost of land, buildings and improvements, improvements and carrying costs capitalized after acquisition, and the total carrying cost for land, buildings and improvements for each property and in aggregate. The schedule also lists the accumulated depreciation for each property and in aggregate, the date each property was constructed and acquired, the useful life used to calculate depreciation and any encumbrances on the properties. The entity provides a reconciliation of the carrying amount of real estate from the beginning of the period to the end of the period. Any real estate investments that have been written down or reserved against are described, including the basis of the write-down. A material amount of intercompany profit in the total carrying amount of real estate is disclosed. The aggregate cost of all real estate investments for federal income tax purposes is also disclosed.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-Section S99

-Paragraph 6

-Subparagraph (SX 210.5-04.(c) Schedule III)

-URI http://asc.fasb.org/extlink&oid=6882300&loc=d3e5864-122674



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph c

-Subparagraph Schedule III

-Article 5



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 28

-Article 12



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 970

-SubTopic 360

-Section S99

-Paragraph 1

-Subparagraph (SX 210.12-28)

-URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024

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