Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

COMPANY PROFILE

The Company:

Hospitality Properties Trust is a real estate investment trust, or REIT, which currently owns hotels operated by unaffiliated hotel operating companies under long term management agreements and leases. As of September 30, 2006, we owned 310 hotels located in 38 states, Puerto Rico, and Canada, which are operated under eleven combination management or lease agreements. On September 18, 2006, we announced an agreement to purchase TravelCenters of America, Inc. (TA) for approximately $1.9 billion. TA owns and operates a network of 162 hospitality and fuel service areas. We are the only investment grade rated, publicly owned hospitality REIT in the Country and we are currently included in a number of financial indices, including the S&P 400 MidCap Index, the Russell 1000, the MSCI U.S. REIT index, the FTSE EPRA/NAREIT United States index and the S&P REIT Composite index.

Management:

Hospitality Properties Trust is managed by Reit Management & Research LLC (RMR). RMR was founded in 1986 to manage public investments in real estate. As of September 30, 2006, RMR managed one of the largest portfolios of publicly owned real estate in the United States, over 1,000 properties, with nearly 91 million square feet, located in 43 states, Washington, DC, Puerto Rico and Ontario, Canada. RMR has approximately 450 employees in its headquarters and regional offices located throughout the Country. In addition to managing HPT, RMR and its affiliates also manage HRPT Properties Trust (HRP), a publicly traded REIT that primarily owns office buildings and industrial properties, Senior Housing Properties Trust (SNH), a publicly traded REIT that owns senior living properties and five publicly traded mutual funds (RMR Funds) which principally invest in securities of real estate companies (excluding securities of companies managed by RMR and its affiliates). The public companies managed by RMR and its affiliates had combined total market capitalization of over $13 billion as of September 30, 2006. We believe that being managed by RMR is a competitive advantage for HPT because RMR provides HPT with a depth of management and experience which may be unequaled in the real estate industry. We also believe RMR provides management services to HPT at costs that are lower than HPT would have to pay for similar quality services.

Strategy:

Our business strategy is to maintain and grow an investment portfolio of high quality hotels and other hospitality related properties operated by experienced managers. Our properties are managed or leased under long term agreements that provide us stable cash flows in the form of minimum returns and rents. We also seek to participate in operating improvements at our properties by charging rent increases based upon percentages of gross revenue increases at our leased properties and participating in hotel profits in excess of the minimum returns due to us at our managed hotels. We own hotels which operate primarily in the upscale select service, extended stay and full service sectors. Generally, we prefer to purchase multiple properties in one transaction because we believe a single operating agreement for multiple properties in diverse locations enhances the stability of our cash flows. When we buy individual properties we usually add those properties to a combination lease or management agreement for other properties that we own. We have a conservative capital structure and limit the amount of debt financing we use. We do not have any investments in joint ventures or partnerships. Also, the majority of our debt is fixed rate and we have no significant debt maturities until 2008.

Stock Exchange Listing:		Corporate Headquarters:

New York Stock Exchange		400 Centre Street
		Newton, MA 02458
Trading Symbol:		(t) (617) 964-8389
		(f) (617) 969-5730
Common Shares — HPT
Preferred Shares Series B — HPT-B

Senior Unsecured Debt Ratings:
Standard & Poor’s — BBB
Moody’s — Baa2

Portfolio Data by Manager (as of 9/30/06):

											Percent of
			Percent of						Annualized		of Total
		Number	Number				Percent of		Minimum		Minimum
	Number	of Rooms	of Rooms		Investment		Total		Return /		Return /
Manager	of Hotels	/ Suites	/ Suites		(000s)		Investment		Rent (000s)		Rent

InterContinental	131	20,140	44	%	$	1,741,158	45	%	$	148,601	43	%
Marriott International	125	17,926	40	%	1,509,787		39	%	153,721		44	%
Hyatt	24	2,929	6	%	258,350		7	%	18,200		5	%
Carlson	12	2,262	5	%	210,353		5	%	11,494		3	%
Homestead	18	2,399	5	%	145,000		4	%	15,960		5	%
Total	310	45,656	100	%	$	3,864,648	100	%	$	347,976	100	%

Operating Statistics by Operating Agreement (Q3 2006):

					Percent
			Annualized		of Total
		Number	Minimum		Minimum				RevPAR
	Number	of Rooms	Return /		Return /		Coverage (1)		Change (2)
Operating Agreement	of Hotels	/ Suites	Rent (000s)		Rent		Q3	LTM	Q3		LTM
Marriott (no. 1)	53	7,610	$	57,512	17	%	1.53x	1.50x	4.8	%	7.8	%
Marriott (no. 2)	18	2,178	18,813		5	%	1.53x	1.29x	10.1	%	10.5	%
Marriott (no. 3)	35	5,382	48,888		14	%	1.20x	1.09x	6.6	%	6.2	%
Marriott (no. 4)	19	2,756	28,508		8	%	0.98x	1.20x	7.1	%	15.4	%
InterContinental (no. 1) (3)	31	3,844	37,777		11	%	1.26x	1.06x	4.2	%	6.4	%
InterContinental (no. 2)	76	9,220	50,000		15	%	1.44x	1.36x	9.3	%	11.3	%
InterContinental (no. 3)	14	4,139	42,488		12	%	1.16x	1.41x	3.9	%	11.3	%
InterContinental (no. 4)	10	2,937	18,336		5	%	1.27x	1.49x	11.2	%	17.4	%
Hyatt	24	2,929	18,200		5	%	0.60x	0.92x	-8.7	%	1.8	%
Carlson	12	2,262	11,494		3	%	1.56x	1.20x	61.4	%	42.4	%
Homestead	18	2,399	15,960		5	%	1.32x	1.51x	-4.2	%	2.5	%
Total / Average	310	45,656	$	347,976	100	%			7.1	%	10.5	%

(1) We define coverage as combined total hotel sales minus all expenses which are not subordinated to minimum payments to us and the required FF&E reserve contributions (which data is provided to us by our operators or tenants), divided by the minimum return or minimum rent payments due to us. For some combinations, amounts have been calculated using data for periods prior to our ownership of certain hotels and prior to commencement of our operating agreements. We have not independently verified our managers’ and tenants’ operating data.

(2) We define RevPAR as hotel room revenue per day per available room. Operating data presented are based upon the operating results provided by our managers and tenants; we have not independently verified our managers’ and tenants’ operating data.

(3) The calculation of RevPAR excludes one hotel which was closed from May 2005 through May 2006 due to fire damage and a newly developed hotel acquired in April 2006.

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

KEY FINANCIAL DATA
(amounts in thousands, except per share data)

	As of and For the Three Months Ended
	9/30/2006			6/30/2006			3/31/2006			12/31/2005			9/30/2005

Shares Outstanding:
Common shares outstanding (at end of period)	74,282			71,957			71,921			71,921			71,921
Weighted average common shares outstanding - basic and diluted (1)	73,613			71,953			71,921			71,921			71,908

Common Share Data:
Price at end of period	$	47.20		$	42.39		$	43.67		$	40.10		$	42.86
High during period	$	48.00		$	44.10		$	46.47		$	43.30		$	45.04
Low during period	$	42.50		$	40.08		$	39.32		$	38.42		$	40.51
Annualized dividends paid per share	$	2.96		$	2.96		$	2.92		$	2.92		$	2.92
Annualized dividend yield (at end of period)	6.3		%	7.0		%	6.7		%	7.3		%	6.8		%

Market Capitalization:
Total debt (book value)	$	1,212,699		$	1,284,567		$	1,207,478		$	960,372		$	933,265
Plus: market value of preferred shares (at end of period)	89,114			88,596			91,425			88,769			93,150
Plus: market value of common shares (at end of period)	3,506,110			3,050,257			3,140,790			2,884,032			3,082,534
Total market capitalization	$	4,807,923		$	4,423,420		$	4,439,693		$	3,933,173		$	4,108,949
Total debt / total market capitalization	25.2		%	29.0		%	27.2		%	24.4		%	22.7		%

Book Capitalization:
Total debt	$	1,212,699		$	1,284,567		$	1,207,478		$	960,372		$	933,265
Plus: total shareholders’ equity	1,897,111			1,818,780			1,836,272			1,855,455			1,861,670
Total book capitalization	$	3,109,810		$	3,103,347		$	3,043,750		$	2,815,827		$	2,794,935
Total debt / total book capitalization	39.0		%	41.4		%	39.7		%	34.1		%	33.4		%

Selected Balance Sheet Data:
Total assets	$	3,422,692		$	3,422,889		$	3,339,158		$	3,114,607		$	3,080,422
Total liabilities	$	1,525,581		$	1,604,109		$	1,502,886		$	1,259,152		$	1,218,752
Real estate, at cost	$	4,007,591		$	3,976,217		$	3,878,838		$	3,626,693		$	3,604,181
Total debt / real estate, at cost	30.3		%	32.3		%	31.1		%	26.5		%	25.9		%

Selected Income Statement Data:
Total revenues	$	269,115		$	272,198		$	239,716		$	213,897		$	221,687
EBITDA (2)	$	99,205		$	104,908		$	93,171		$	83,169		$	87,152
Net income available for common shareholders	$	34,649		$	33,463		$	33,319		$	46,287		$	28,671
Funds from operations (FFO) available for common shareholders (3)	$	76,960		$	82,365		$	72,781		$	65,522		$	69,672
Common distributions declared	$	54,969		$	53,248		$	52,502		$	52,502		$	52,502

Per Share Data:
Net income available for common shareholders	$	0.47		$	0.47		$	0.46		$	0.64		$	0.40
FFO available for common shareholders (3)	$	1.05		$	1.14		$	1.01		$	0.91		$	0.97
Common distributions declared	$	0.74		$	0.74		$	0.73		$	0.73		$	0.73
FFO payout ratio	70.5		%	64.6		%	72.1		%	80.1		%	75.3		%

Coverage Ratios:
EBITDA (2) / interest expense	4.8x			5.0x			4.9x			5.1x			5.4x
EBITDA (2) / interest expense and preferred distributions	4.4x			4.5x			4.5x			4.6x			4.8x

(1) HPT has no outstanding common share equivalents, such as units, convertible debt or stock options.

(2) See page 13 for calculation of EBITDA.

(3) See page 14 for calculation of FFO.

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

CONSOLIDATED BALANCE SHEET
(amounts in thousands, except share data)

	As of September 30, 2006			As of December 31, 2005
				(audited)
ASSETS
Real estate properties, at cost:
Land	$	584,199		$	537,389
Buildings, improvements and equipment	3,423,392			3,089,304
	4,007,591			3,626,693
Accumulated depreciation	(678,303		)	(613,007		)
	3,329,288			3,013,686
Cash and cash equivalents	17,040			18,568
Restricted cash (FF&E reserve escrow)	29,797			29,063
Other assets, net	46,567			53,290
	$	3,422,692		$	3,114,607

LIABILITIES AND SHAREHOLDERS’ EQUITY

Revolving credit facility	$	13,000		$	35,000
Senior notes, net of discounts	1,195,982			921,606
Mortgage payable	3,717			3,766
Security deposits	185,366			185,304
Accounts payable and other liabilities	117,256			108,595
Due to affiliates	8,346			2,967
Dividends payable	1,914			1,914
Total liabilities	1,525,581			1,259,152

Commitments and contingencies

Shareholders’ equity:
Preferred shares of beneficial interest; no par value; 100,000,000 shares authorized:
Series B preferred shares; 8 7/8% cumulative redeemable; 3,450,000 shares issued and outstanding, aggregate liquidation preference $86,250	83,306			83,306
Common shares of beneficial interest; $0.01 par value; 100,000,000 shares authorized; 74,281,951 and 71,920,578 shares issued and outstanding, respectively	743			719
Additional paid-in capital	2,158,362			2,059,883
Cumulative net income	1,318,245			1,211,072
Cumulative preferred distributions	(65,078		)	(59,336		)
Cumulative common distributions	(1,598,467		)	(1,440,189		)
Total shareholders’ equity	1,897,111			1,855,455
	$	3,422,692		$	3,114,607

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

CONSOLIDATED STATEMENT OF INCOME
(amounts in thousands, except per share data)

	For the Three Months Ended						For the Nine Months Ended
	9/30/2006			9/30/2005			9/30/2006			9/30/2005
Revenues:
Hotel operating revenues	$	230,412		$	184,379		$	665,867		$	510,485
Rental income	32,924			31,919			98,270			94,874
FF&E reserve income	5,242			4,963			15,505			14,200
Interest income	537			426			1,387			956
Total revenues	269,115			221,687			781,029			620,515
Expenses:
Hotel operating expenses	168,906			134,888			485,720			367,657
Interest (including amortization of deferred financing costs of $675, $606, $1,920 and $2,285, respectively)	20,801			16,056			60,951			49,076
Depreciation and amortization	36,435			34,462			107,235			96,924
General and administrative	6,410			5,696			19,950			17,856
Loss on asset impairment	—			—			—			7,300
Total expenses	232,552			191,102			673,856			538,813
Net income	36,563			30,585			107,173			81,702
Preferred distributions	(1,914		)	(1,914		)	(5,742		)	(5,742		)
Net income available for common shareholders	$	34,649		$	28,671		$	101,431		$	75,960
Weighted average common shares outstanding	73,613			71,908			72,502			69,173
Basic and diluted net income per share	$	0.47		$	0.40		$	1.40		$	1.10

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

CONSOLIDATED STATEMENT OF CASH FLOWS
(dollars in thousands)

	For the Nine Months Ended
	9/30/2006			9/30/2005

Cash flows from operating activities:
Net income	$	107,173		$	81,702
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	107,235			96,924
Amortization of deferred financing costs as interest	1,920			2,285
Non-cash income	(2,322		)	(2,214		)
FF&E reserve income and deposits	(35,027		)	(23,754		)
Loss on asset impairment	—			7,300
Change in assets and liabilities:
Increase in other assets	(2,736		)	(3,047		)
Increase in accounts payable and other	10,529			4,067
Increase in due to affiliate	6,798			4,870
Cash provided by operating activities	193,570			168,133

Cash flows from investing activities:
Real estate acquisitions	(320,769		)	(429,189		)
FF&E reserve fundings	(54,856		)	(21,956		)
Increase in security deposits	2			10,000
Proceeds from sale of real estate	—			3,227
Cash used in investing activities	(375,623		)	(437,918		)

Cash flows from financing activities:
Proceeds from issuance of common shares, net	95,823			199,233
Proceeds from issuance of senior notes, net	273,974			299,442
Proceeds from borrowings on revolving credit facility	464,000			268,000
Repayments of borrowings on revolving credit facility	(486,000		)	(332,000		)
Distributions to common shareholders	(158,278		)	(148,543		)
Distributions to preferred shareholders	(5,742		)	(5,742		)
Deferred finance costs paid	(3,252		)	(7,335		)
Cash provided by financing activities	180,525			273,055

Increase in cash and cash equivalents	(1,528		)	3,270
Cash and cash equivalents at beginning of period	18,568			15,894
Cash and cash equivalents at end of period	$	17,040		$	19,164

Supplemental cash flow information:
Cash paid for interest	$	68,826		$	55,873

Non cash investing activities:
Property managers’ deposits in FF&E reserve	$	33,590		$	23,091
Purchases of fixed assets with FF&E reserve	(87,624		)	(43,164		)

Non cash financing activities:
Issuance of common shares	$	2,680		$	761

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

CALCULATION OF FUNDS FROM OPERATIONS (FFO)
(amounts in thousands, except per share data)

		For the Three Months Ended				For the Nine Months Ended
		9/30/2006		9/30/2005		9/30/2006		9/30/2005

Net income available for common shareholders		$	34,649	$	28,671	$	101,431	$	75,960
Plus:	FF&E deposits not in net income (1)	470		490		1,515		1,487
Depreciation and amortization		36,435		34,462		107,235		96,924

Deferred percentage rent (2)		1,431		1,121		4,607		3,008
Deferred hotel operating income (3)		3,975		4,928		17,318		13,079
Loss on asset impairment (4)		—		—		—		7,300
FFO available for common shareholders		$	76,960	$	69,672	$	232,106	$	197,758

Weighted average shares outstanding		73,613		71,908		72,502		69,173

Net income available for common shareholders per share		$	0.47	$	0.40	$	1.40	$	1.10
FFO available for common shareholders per share		$	1.05	$	0.97	$	3.20	$	2.86

(1) Various percentages of total sales at most of our hotels are escrowed as reserves for future renovations or refurbishment, or FF&E Reserve escrows. We own the FF&E Reserve escrows for all the hotels leased to our taxable REIT subsidiaries and for most of the hotels leased to third parties. We have a security and remainder interest in the FF&E Reserve escrows for the remaining hotels leased to third parties. When we own the FF&E Reserve escrows at hotels leased to third parties we report payments into the escrow as additional rent. When we have a security and remainder interest in the FF&E Reserve escrows, deposits are not included in revenue but are included in FFO. We do not report the amounts which are escrowed as FF&E reserves for our managed hotels as FF&E reserve income in our consolidated statement of income.

(2) In calculating net income, we recognize percentage rental income received for the first, second and third quarters in the fourth quarter, which is when all contingencies are met and the income is earned. Although we defer recognition of this revenue until the fourth quarter for purposes of calculating net income, we include the estimated amount in the calculation of FFO for each quarter of the year. The fourth quarter FFO calculation excludes the amounts recognized during the first three quarters.

(3) Our share of the operating results of our managed hotels in excess of the minimum returns due to us is generally determined based upon annual calculations. Typically the net operating results of our hotels are strongest during the second and third quarters of the year, which are the most active periods for business and leisure travel. We recognize our share of income in excess of our minimum returns in the fourth quarter, which is when all contingencies are met and the income is earned. Although we defer recognition of this income until the fourth quarter for purposes of calculating net income, we include the estimated amount in the calculation of FFO for each quarter of the year. The fourth quarter FFO calculation excludes the amounts recognized during the first three quarters.

(4) We recorded a $7,300 loss on asset impairment to reduce the carrying value of our Prime HotelSM in Atlanta, GA to its net realizable value less cost to sell in the second quarter of 2005. We sold the hotel in September 2005.

We compute FFO as shown in the calculation above. Our calculation of FFO differs from the National Association of Real Estate Investment Trusts, or NAREIT, definition of FFO because we include FF&E deposits not included in net income (see note 1), deferred percentage rent (see note 2) and deferred hotel operating income (see note 3) and excludes loss on asset impairment (see note 4). We consider FFO to be an appropriate measure of performance for a real estate investment trust, or REIT, along with net income and cash flow from operating, investing and financing activities. We believe that FFO provides useful information to investors because by excluding the effects of certain historical costs, such as depreciation expense and gain or loss on asset impairment, FFO can facilitate comparison of current operating performance among REITs. FFO does not represent cash generated by operating activities in accordance with generally accepted accounting principles, or GAAP, and should not be considered an alternative to net income or cash flow from operating activities as a measure of financial performance or liquidity. FFO is one important factor considered by our board of trustees in determining the amount of distributions to shareholders. Other important factors include, but are not limited to, requirements to maintain our status as a REIT, limitations in our revolving bank credit facility and public debt covenants, the availability of debt and equity capital to us and our expectation of our future capital needs and operating performance

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

DEBT SUMMARY
(dollars in thousands)

	Interest		Principal		Maturity	Due at		Years to
	Rate		Balance		Date	Maturity		Maturity

Secured Fixed Rate Debt:

Mortgage—secured by one hotel in Wichita, KS	8.300	%	$	3,717	7/1/11	$	3,326	4.8

Unsecured Debt:

Unsecured Floating Rate Debt:
Revolving credit facility (LIBOR + 55 bps) (1)	5.570	%	$	13,000	10/24/10	$	13,000	4.1

Unsecured Fixed Rate Debt:
Senior notes due 2008	7.000	%	$	150,000	3/1/08	$	150,000	1.4
Senior notes due 2010	9.125	%	50,000		7/15/10	50,000		3.8
Senior notes due 2012	6.850	%	125,000		7/15/12	125,000		5.8
Senior notes due 2013	6.750	%	300,000		2/15/13	300,000		6.4
Senior notes due 2015	5.125	%	300,000		2/15/15	300,000		8.4
Senior notes due 2016	6.300	%	275,000		6/15/16	275,000		9.7
Total / weighted average unsecured fixed rate debt	6.381	%	$	1,200,000		$	1,200,000	6.9

Weighted average secured fixed rate debt / total	8.300	%	$	3,717		$	3,326	4.8
Weighted average unsecured floating rate debt / total	5.570	%	13,000			13,000		4.1
Weighted average unsecured fixed rate debt / total	6.381	%	1,200,000			1,200,000		6.9
Weighted average debt / total	6.378	%	$	1,216,717		$	1,216,326	6.8

(1) Interest rate is weighted average based on amounts outstanding during 2006. Interest rate on amounts outstanding at September 30, 2006 is 5.88%. In August 2006, our revolving credit facility was amended to extend the maturity to October 2010 and lower the interest payable on amounts drawn to LIBOR plus 55 bps.

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

DEBT MATURITY SCHEDULE
(dollars in thousands)

	Scheduled Principal Payments During Period
	Secured		Unsecured		Unsecured
	Fixed Rate		Floating		Fixed
Year	Debt		Rate Debt		Rate Debt		Total
2006	$	17	$	—	$	—	$	17
2007	71		—		—		71
2008	77		—		150,000		150,077
2009	84		—		—		84
2010	92		13,000		50,000		63,092
2011	3,376		—		—		3,376
2012	—		—		125,000		125,000
2013	—		—		300,000		300,000
2014	—		—		—		—
2015	—		—		300,000		300,000
2016	—		—		275,000		275,000
	$	3,717	$	13,000	$	1,200,000	$	1,216,717

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

LEVERAGE RATIOS, COVERAGE RATIOS AND PUBLIC DEBT COVENANTS

	As of and For the Three Months Ended
	9/30/2006		6/30/2006		3/31/2006		12/31/2005		9/30/2005
Leverage Ratios:

Total debt / total assets	35.4	%	37.5	%	36.2	%	30.8	%	30.3	%
Total debt / real estate assets, at cost	30.3	%	32.3	%	31.1	%	26.5	%	25.9	%
Total debt / total market capitalization	25.2	%	29.0	%	27.2	%	24.4	%	22.7	%
Total debt / total book capitalization	39.0	%	41.4	%	39.7	%	34.1	%	33.4	%
Secured debt / total assets	0.1	%	0.1	%	0.1	%	0.1	%	0.1	%
Variable rate debt / total debt	1.1	%	6.6	%	23.4	%	3.6	%	0.9	%

Coverage Ratios:

EBITDA (1) / interest expense	4.8	x	5.0	x	4.9	x	5.1	x	5.4	x
EBITDA (1) / interest expense and preferred distributions	4.4	x	4.5	x	4.5	x	4.6	x	4.8	x

Public Debt Covenants: (2)

Total debt / adjusted total assets—allowable maximum 60.0%	29.7	%	31.7	%	30.6	%	25.9	%	25.5	%
Secured debt / adjusted total assets—allowable maximum 40.0%	0.1	%	0.1	%	0.1	%	0.1	%	0.1	%
Consolidated income available for debt service / debt service—required minimum 1.50x	4.06	x	3.92	x	4.25	x	5.82	x	4.52	x
Total unencumbered assets to unsecured debt—required minimum 200%	318.0	%	315.8	%	327.5	%	387.4	%	392.9	%

(1) See page 13 for calculation of EBITDA.

(2) Adjusted total assets and unencumbered assets include original cost of real estate assets less impairment write downs and exclude depreciation and amortization, accounts receivable and intangible assets. Consolidated income available for debt service is earnings from operations excluding interest expense, depreciation and amortization, loss on asset impairment, gains and losses on sales of property and amortization of deferred charges.

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

FF&E RESERVE ESCROWS (1)
(dollars in thousands)

HPT Owned:

	As of and For the Three Months Ended
	9/30/2006			6/30/2006			3/31/2006			12/31/2005			9/30/2005

FF&E reserves (beginning of period)	$	30,241		$	26,491		$	29,063		$	32,369		$	37,421
Manager deposits	13,892			12,089			9,095			9,235			10,017
InterContinental (2)	—			—			6,264			—			—
HPT fundings:
Carlson (3)	939			4,188			9,367			15,063			6,601
Marriott (4)	10,699			12,642			2,021			8,371			1,244
Hyatt (5)	15,000			—			—			—			—
Hotel improvements	(40,974		)	(25,169		)	(29,319		)	(35,975		)	(22,914		)
FF&E reserves (end of period)	$	29,797		$	30,241		$	26,491		$	29,063		$	32,369

Tenant Owned:

FF&E reserves (beginning of period)	$	3		$	879		$	1,052		$	1,508		$	1,003
Manager deposits	526			533			448			510			505
Hotel improvements	(527		)	(1,409		)	(621		)	(966		)	—
FF&E reserves (end of period)	$	2		$	3		$	879		$	1,052		$	1,508

Total:

FF&E reserves (beginning of period)	$	30,244		$	27,370		$	30,115		$	33,877		$	38,424
Manager deposits	14,418			12,622			9,543			9,745			10,522
InterContinental (2)	—			—			6,264			—			—
HPT fundings:
Carlson (3)	939			4,188			9,367			15,063			6,601
Marriott (4)	10,699			12,642			2,021			8,371			1,244
Hyatt (5)	15,000			—			—			—			—
Hotel improvements	(41,501		)	(26,578		)	(29,940		)	(36,941		)	(22,914		)
FF&E reserves (end of period)	$	29,799		$	30,244		$	27,370		$	30,115		$	33,877

(1) Generally, each of our operating agreements require the deposit of a percentage of gross hotel revenues into escrows to fund periodic hotel renovations, or FF&E reserves. For recently built or renovated hotels, this requirement may be deferred for a period. We own all the FF&E reserve escrows for our hotels except for escrows pursuant to one third party lease, which provides that the FF&E reserve escrow is owned by the tenant and we have a security and remainder interest in that escrow account.

(2) Represents FF&E reserve escrows purchased in connection with first quarter 2006 hotel acquisitions.

(3) Pursuant to our agreement with Carlson for the management of 12 hotels, we agreed to fund $12,000 for rebranding costs and other capital improvements. To the extent our fundings exceed $12,000, the minimum return payable by Carlson to us will increase as these funds are advanced.

(4) Represents FF&E reserve deposits for our Marriott branded hotel combinations not funded by hotel operations but separately funded by us. Our operating agreements for our Marriott branded hotel combinations generally provide that, if necessary, we will provide FF&E funding in excess of escrowed reserves. To the extent we make such fundings, our annual minimum returns or rent increases by a percentage of the amounts we fund.

(5) Pursuant to our agreement with Hyatt for the management of 24 hotels, we agreed to fund $8,000 for rebranding costs and other capital improvements. To the extent our fundings exceeds $8,000, the minimum return payable by Hyatt to us will increase as these funds are advanced.

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

2006 ACQUISITIONS AND DISPOSITIONS INFORMATION
(dollars in thousands)

2006 ACQUISITIONS (through 9/30/2006):

				Number					Purchase
Date				of Rooms	Operating	Purchase			Price per
Acquired	Hotels	Brand	Location	/ Suites	Agreement	Price (1)			Room / Suite

1/6/06	1	Harbor Court Complex	Baltimore, MD	195	InterContinental (no. 3)	$	78,000	(2)	$	308	(3)

1/25/06	8	5 Crowne Plaza®, 1 Holiday Inn Select®, and 2 Staybridge Suites®	Atlanta, GA (2), Irvine, CA, San Jose, CA, Dallas, TX (2), Houston, TX and Las Colinas, TX	2,188	InterContinental (no. 4)	166,200			76

4/6/06	2	Crowne Plaza	Miami, FL, Philadelphia, PA	749	InterContinental (no. 4)	$	63,000		84

4/17/06	1	Staybridge Suites	Parisppany, NJ	150	InterContinental (no. 1)	$	21,000		140

Total /Average 2006	12			3,282		$	328,200		$	95	(3)

(1) Represents the gross purchase price and excludes closing costs.

(2) Includes $18,000 allocated purchase price of the office building and parking garage components of the Harbor Court Complex.

(3) Calculated based on allocated hotel purchase price of $60,000. The Harbor Court Hotel has been rebranded as the Harbor Court InterContinental® Hotel.

2006 DISPOSITIONS (through 9/30/06):

Number

Sales

Date

of Rooms

Operating

Sales

Price per

Disposed

Hotels

Brand

Location

/ Suites

Agreement

Price

Room / Suite

There were no dispositions through September 30, 2006.

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

SUMMARY OF OPERATING AGREEMENTS
(dollars in thousands)

Operating Agreement	Marriott (no. 1)		Marriott (no. 2)		Marriott (no. 3)		Marriott (no. 4)		Homestead		Inter- Continental (no. 1)			Inter- Continental (no. 2)		Inter- Continental (no. 3)			Inter- Continental (no. 4)			Hyatt		Carlson		Total/Range/ Average (all investments)

Number of Hotels	53		18		35		19		18		31			76		14			10			24		12		310

Number of Rooms / Suites	7,610		2,178		5,382		2,756		2,399		3,844			9,220		4,139			2,937			2,929		2,262		45,656

Hotel Brands	Courtyard by Marriott®		Residence Inn by Marriott®		Marriott® / Residence Inn by Marriott® / Courtyard by Marriott®/ TownePlace Suites by Marriott® / SpringHill Suites by Marriott®		Residence Inn by Marriott® / Courtyard by Marriott® / TownePlace Suites by Marriott® / SpringHill Suites by Marriott®		Homestead Studio Suites®		Staybridge Suites®			Candlewood Suites®		InterContinental® / Crowne Plaza® / Holiday Inn® / Staybridge Suites®			Crowne Plaza® / Holiday Inn®/ Staybridge Suites®			AmeriSuites®		Radisson Hotels & Resorts® / Park Plaza® Hotels & Resorts / Country Inn & Suites by CarlsonSM		15 Brands

Number of States	24		14		15		14		5		16			29		7 plus Ontario and Puerto Rico			5			14		7		38 plus Ontario and Puerto Rico

Manager	Subsidiary of Marriott International		Subsidiary of Marriott International		Subsidiary of Marriott International		Subsidiary of Marriott International		Subsidiary of BRE /Homestead Village LLC		Subsidiary of InterContinental			Subsidiary of InterContinental		Subsidiary of InterContinental			Subsidiary of InterContinental			Subsidiary of Hyatt		Subsidiary of Carlson		5 Managers

Tenant	Subsidiary of Host Marriott Subleased to Subsidiary of Barcelo Crestline		Subsidiary of Host Marriott Subleased to Subsidiary of Barcelo Crestline		Our TRS		Subsidiary of Barcelo Crestline		Subsidiary of BRE /Homestead Village LLC		Our TRS			Our TRS		Our TRS and a subsidiary of InterContinental			Our TRS			Our TRS		Our TRS		4 Tenants

Investment at September 30, 2006 (1)	$	576,238	$	188,321	$	471,006	$	274,222	$	145,000	$	436,708		$	590,250	$	485,000		$	229,200		$	258,350	$	210,353	$	3,864,648

End of Current Term	2012		2010		2019		2015		2015		2031			2028		2029			2030			2030		2030		2010-2031

Renewal Options (2)	3 for 12 years each		1 for 10 years, 2 for 15 years each		2 for 15 years each		2 for 10 years each		2 for 15 years each		2 for 12.5 years each			2 for 15 years each		2 for 15 years each			2 for 15 years each			2 for 15 years each		2 for 15 years each

Annual Minimum Return / Minimum Rent	$	57,512	$	18,813	$	48,888	$	28,508	$	15,960	$	37,777		$	50,000	$	42,488		$	18,336		$	18,200	$	11,494	$	347,976

Additionall Return (3)	—		—		$	1,173	—		—		—			$	10,000	$	3,458		$	1,750		50% of cash flow in excess of minimum return (4)		50% of cash flow in excess of minimum return (4)		$	16,381

Percentage Return / Rent (5)	5% of revenues above 1994/95 revenues		7.5% of revenues above 1996 revenues		7% of revenues above 2000/01 revenues		7.0% of revenues above 1999/2000 revenues		10.0% of revenues above 1999/2000 revenues		7.5% of revenues above 2004/06/07 revenues			7.5% of revenues above 2006/07 revenues		7.5% of revenues above 2006 revenues			7.5% of revenues above 2006 revenues			—		—

Security Deposit	$	50,540	$	17,220	$	36,204	$	28,508	$	15,960	$	36,872	(6)	—		$	36,872	(6)	$	36,872	(6)	—		—		$	185,304

Other Security Features	HPT controlled lockbox with minimum balance maintenance requirement; subtenant and subtenant parent minimum net worth requirement		HPT controlled lockbox with minimum balance maintenance requirement; subtenant and subtenant parent minimum net worth requirement				Tenant minimum net worth requirement		Homestead parent guarantee and $15,960 letter of credit		Limited guarantee provided by InterContinental			Limited guarantee provided by InterContinental		Limited guarantee provided by InterContinental			Limited guarantee provided by InterContinental			Limited guarantee provided by Hyatt		Limited guarantee provided by Carlson

(1) Excludes expenditures made from FF&E reserves funded from hotel operations, but includes amounts separately funded by us.

(2) Renewal options may be exercised by the manager or tenant for all, but not less than all, of the hotels within each combination of hotels.

(3) These management agreements provide for annual additional return payments in the amount listed, to the extent of available cash flow after payment of operating costs, funding of the FF&E reserve, payment of our minimum return and payment of certain managment fees.

(4) These management agreements provide for payment to us of 50% of available cash flow after payment of operating costs, funding the FF&E reserve, payment of our minimum return and reimbursement to the managers of working capital and guaranty advances, if any.

(5) Each management contract or lease provides for payment to us of a percentage of increase in total hotel sales over a base year levels as additional return or rent.

(6) The single $36,872 deposit secures InterContinental’s obligations under the InterContinental No. 1, No. 3 and No. 4 portfolios.

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

PORTFOLIO BY OPERATING AGREEMENT, MANAGER AND BRAND
(dollars in thousands)

	Number of Hotels	Percent of Number of Hotels	Number of Rooms /Suites	Percent of Number of Rooms /Suites	Investment (1)		Percent of Investment	Investment per Room / Suite		Annual Minimum		Percent of Minimum Return / Rent
By Operating Agreement:
Marriott (no. 1)	53	17%	7,610	17%	$	576,238	15%	$	76	$	57,512	17%
Marriott (no. 2)	18	6%	2,178	5%	188,321		5%	86		18,813		5%
Marriott (no. 3)	35	11%	5,382	12%	471,006		12%	88		48,888		14%
Marriott (no. 4)	19	6%	2,756	6%	274,222		7%	100		28,508		8%
InterContinental (no. 1)	31	10%	3,844	8%	436,708		11%	114		37,777		11%
InterContinental (no. 2)	76	25%	9,220	20%	590,250		15%	64		50,000		15%
InterContinental (no. 3)	14	4%	4,139	9%	485,000		13%	117		42,488		12%
InterContinental (no. 4)	10	3%	2,937	7%	229,200		6%	78		18,336		5%
Hyatt	24	8%	2,929	6%	258,350		7%	88		18,200		5%
Carlson	12	4%	2,262	5%	210,353		5%	93		11,494		3%
Homestead	18	6%	2,399	5%	145,000		4%	60		15,960		5%
Total	310	100%	45,656	100%	$	3,864,648	100%	$	85	$	347,976	100%

By Manager:
InterContinental	131	42%	20,140	44%	$	1,741,158	45%	$	86	$	148,601	43%
Marriott International	125	40%	17,926	40%	1,509,787		39%	84		153,721		44%
Hyatt	24	8%	2,929	6%	258,350		7%	88		18,200		5%
Carlson	12	4%	2,262	5%	210,353		5%	93		11,494		3%
Homestead	18	6%	2,399	5%	145,000		4%	60		15,960		5%
Total	310	100%	45,656	100%	$	3,864,648	100%	$	85	$	347,976	100%

By Brand:
AmeriSuites® /Hyatt Place™	24	8%	2,929	6%	$	258,350	7%	$	88
Candlewood Suites®	76	24%	9,220	20%	590,250		15%	64
Country Inn & Suites by Carlson™	5	2%	753	2%	74,605		2%	99
Courtyard by Marriott®	71	23%	10,280	23%	835,759		22%	81
Crowne Plaza®	11	4%	4,057	9%	338,446		9%	83
Holiday Inn®	4	1%	1,046	2%	51,781		1%	50
Homestead Studio Suites®	18	6%	2,399	5%	145,000		4%	60
InterContinental®	5	2%	1,479	3%	286,239		8%	194
Marriott Hotels®	3	1%	1,356	3%	116,713		3%	86
Park Plaza® Hotels & Resorts	3	1%	534	1%	31,836		1%	60
Radisson Hotels & Resorts®	4	1%	975	2%	103,912		2%	107
Residence Inn by Marriott®	37	12%	4,695	10%	433,066		11%	92
SpringHill Suites by Marriott®	2	0%	264	1%	20,787		1%	79
Staybridge Suites®	35	11%	4,338	10%	474,442		12%	109
TownePlace Suites by Marriott®	12	4%	1,331	3%	103,462		2%	78
Total	310	100%	45,656	100%	$	3,864,648	100%	$	85

(1) Excludes expenditures made from FF&E reserves funded from hotel operations, but includes amounts separately funded by us.

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

OPERATING STATISTICS BY OPERATING AGREEMENT

		No. of
	No. of	Rooms/	Third Quarter(1)								Year to Date(1)
	Hotels	Suites	2006			2005			Change		2006			2005			Change
ADR
Marriott (no. 1)	53	7,610	$	116.55		$	107.08		8.8	%	$	117.49		$	107.65		9.1	%
Marriott (no. 2)	18	2,178	113.58			102.34			11.0	%	111.12			100.45			10.6	%
Marriott (no. 3)	35	5,382	112.68			102.76			9.7	%	110.06			101.68			8.2	%
Marriott (no. 4)	19	2,756	104.98			95.26			10.2	%	115.14			100.20			14.9	%
InterContinental (no. 1)(2)	29	3,554	105.56			98.59			7.1	%	104.76			96.61			8.4	%
InterContinental (no. 2)	76	9,220	66.40			61.49			8.0	%	66.10			60.66			9.0	%
InterContinental (no. 3)(3) (4)	14	4,139	128.09			122.07			4.9	%	133.55			122.89			8.7	%
InterContinental (no. 4)(3)	10	2,937	98.83			88.63			11.5	%	100.66			88.61			13.6	%
Hyatt(4)	24	2,929	82.02			76.83			6.8	%	82.44			76.10			8.3	%
Carlson(3) (4)	12	2,262	91.98			84.70			8.6	%	92.69			81.76			13.4	%
Homestead	18	2,399	59.31			55.81			6.3	%	63.05			56.65			11.3	%
Total/Average	308	45,366	$	97.38		$	89.87		8.4	%	$	98.33		$	89.50		9.9	%

OCCUPANCY
Marriott (no. 1)	53	7,610	71.8		%	74.6		%	-2.8 pt		70.7		%	71.6		%	-0.9 pt
Marriott (no. 2)	18	2,178	83.9		%	84.6		%	-0.7 pt		81.8		%	81.9		%	-0.1 pt
Marriott (no. 3)	35	5,382	79.6		%	81.9		%	-2.3 pt		77.0		%	78.5		%	-1.5 pt
Marriott (no. 4)	19	2,756	72.2		%	74.3		%	-2.1 pt		74.2		%	73.9		%	0.3 pt
InterContinental (no. 1)(2)	29	3,554	79.9		%	82.1		%	-2.2 pt		78.0		%	79.5		%	-1.5 pt
InterContinental (no. 2)	76	9,220	78.4		%	77.5		%	0.9 pt		77.4		%	75.8		%	1.6 pt
InterContinental (no. 3)(3) (4)	14	4,139	77.2		%	78.0		%	-0.8 pt		77.0		%	75.2		%	1.8 pt
InterContinental (no. 4)(3)	10	2,937	72.4		%	72.6		%	-0.2 pt		73.2		%	70.8		%	2.4 pt
Hyatt(4)	24	2,929	59.5		%	69.6		%	-10.1 pt		63.6		%	67.7		%	-4.1 pt
Carlson(3) (4)	12	2,262	69.1		%	46.5		%	22.6 pt		64.3		%	51.2		%	13.1 pt
Homestead	18	2,399	70.5		%	78.2		%	-7.7 pt		72.2		%	78.4		%	-6.2 pt
Total/Average	308	45,366	74.8		%	75.7		%	-0.9 pt		74.2		%	73.8		%	0.4 pt

RevPAR
Marriott (no. 1)	53	7,610	$	83.68		$	79.88		4.8	%	$	83.07		$	77.08		7.8	%
Marriott (no. 2)	18	2,178	95.29			86.58			10.1	%	90.90			82.27			10.5	%
Marriott (no. 3)	35	5,382	89.69			84.16			6.6	%	84.75			79.82			6.2	%
Marriott (no. 4)	19	2,756	75.80			70.78			7.1	%	85.43			74.05			15.4	%
InterContinental (no. 1)(2)	29	3,554	84.34			80.94			4.2	%	81.71			76.80			6.4	%
InterContinental (no. 2)	76	9,220	52.06			47.65			9.3	%	51.16			45.98			11.3	%
InterContinental (no. 3)(3) (4)	14	4,139	98.89			95.21			3.9	%	102.83			92.41			11.3	%
InterContinental (no. 4)(3)	10	2,937	71.55			64.35			11.2	%	73.68			62.74			17.4	%
Hyatt(4)	24	2,929	48.80			53.47			-8.7	%	52.43			51.52			1.8	%
Carlson(3) (4)	12	2,262	63.56			39.39			61.4	%	59.60			41.86			42.4	%
Homestead	18	2,399	41.81			43.64			-4.2	%	45.52			44.41			2.5	%
Total/Average	308	45,366	$	72.84		$	68.03		7.1	%	$	72.96		$	66.05		10.5	%

(1) Includes data for the calendar periods indicated, except for our Marriott® branded hotels, which include data for comparable fiscal periods.

(2) The calculations of Occupancy and RevPAR excludes operating statistics of one hotel which was closed from May 2005 through May 2006 due to fire damage and a newly developed hotel acquired in April 2006.

(3) Includes data for periods prior to our ownership of some hotels.

(4) Includes data for periods some hotels were not operated by the current manager.

All operating data presented are based upon the operating results provided by our managers and tenants for the indicated periods.

We have not independently verified our managers’ and tenants’ operating data.

Hospitality Properties Trust
Supplemental Operating and Financial Data
September 30, 2006

COVERAGE BY OPERATING AGREEMENT (1)

	For the Twelve Months Ended (2)
Operating Agreement	9/30/2006	6/30/2006	3/31/2006	12/31/2005	9/30/2005
Marriott (no. 1)	1.50x	1.49x	1.45x	1.41x	1.36x
Marriott (no. 2)	1.29x	1.21x	1.17x	1.13x	1.10x
Marriott (no. 3)	1.09x	1.07x	1.05x	1.03x	0.96x
Marriott (no. 4)	1.20x	1.17x	1.10x	0.99x	0.92x
InterContinental (no. 1)	1.06x	0.99x	0.95x	0.91x	0.84x
InterContinental (no. 2)	1.36x	1.35x	1.33x	1.33x	1.27x
InterContinental (no. 3) (3) (4)	1.41x	1.44x	1.37x	1.29x	1.24x
InterContinental (no. 4) (3)	1.49x	1.46x	1.43x	1.29x	1.18x
Hyatt (4)	0.92x	1.04x	1.06x	1.03x	1.01x
Carlson (3) (4)	1.20x	0.98x	0.96x	0.90x	0.93x
Homestead	1.51x	1.53x	1.50x	1.46x	1.41x

	For the Three Months Ended (2)
Operating Agreement	9/30/2006	6/30/2006	3/31/2006	12/31/2005	9/30/2005
Marriott (no. 1)	1.53x	1.71x	1.40x	1.39x	1.50x
Marriott (no. 2)	1.53x	1.43x	1.11x	1.13x	1.21x
Marriott (no. 3)	1.20x	1.27x	0.93x	0.98x	1.13x
Marriott (no. 4)	0.98x	1.35x	1.47x	1.06x	0.84x
InterContinental (no. 1)	1.26x	1.17x	0.96x	0.84x	0.99x
InterContinental (no. 2)	1.44x	1.52x	1.20x	1.26x	1.40x
InterContinental (no. 3) (3) (4)	1.16x	1.72x	1.48x	1.26x	1.27x
InterContinental (no. 4) (3)	1.27x	1.71x	1.70x	1.29x	1.15x
Hyatt (4)	0.60x	1.07x	1.15x	0.86x	1.07x
Carlson (3) (4)	1.56x	1.29x	1.43x	0.33x	0.64x
Homestead	1.32x	1.69x	1.60x	1.41x	1.43x

(2) Includes data for the calendar periods indicated, except for our Marriott® branded hotels, which include data for comparable fiscal periods.

(3) Includes data for periods prior to our ownership of some hotels.

(4) Includes data for periods some hotels were not operated by the current manager.

All operating data presented are based upon the operating results provided by our managers and tenants for the indicated periods. We have not independently verified our managers’ or tenants’ operating data.

		Page

CORPORATE INFORMATION

Company Profile		5
Investor Information		6
Research Coverage		7

FINANCIAL INFORMATION

Key Financial Data		9
Consolidated Balance Sheet		10
Consolidated Statement of Income		11
Consolidated Statement of Cash Flows		12
Calculation of EBITDA		13
Calculation of Funds from Operations (FFO)		14
Debt Summary		15
Debt Maturity Schedule		16
Leverage Ratios, Coverage Ratios and Public Debt Covenants		17
FF&E Reserve Escrows		18
2006 Acquisitions and Dispositions Information		19
2006 Financing Activities		20

OPERATING AGREEMENTS AND PORTFOLIO INFORMATION

Summary of Operating Agreements		22
Portfolio by Operating Agreement, Manager and Brand		23
Operating Statistics by Operating Agreement		24
Coverage by Operating Agreement		25
Operating Agreement Expiration Schedule		26

Board of Trustees

Barry M. Portnoy	Gerard M. Martin
Managing Trustee	Managing Trustee


Frank J. Bailey	Arthur G. Koumantzelis
Independent Trustee	Independent Trustee


John L. Harrington
Independent Trustee




Senior Management

John G. Murray	Mark L. Kleifges
President, Chief Operating Officer and Secretary	Treasurer and Chief Financial Officer

Ethan S. Bornstein
Vice President


Contact Information

Investor Relations	Inquiries
Hospitality Properties Trust	Financial inquiries should be directed to Mark L. Kleifges,
400 Centre Street	Treasurer and Chief Financial Officer, at (617) 964-8389
Newton, MA 02458	or mkleifges@reitmr.com.
(t) (617) 964-8389
(f) (617) 969-5730	Investor and media inquiries should be directed to
(email) info@hptreit.com	Timothy A. Bonang, Manager of Investor Relations, at
(website) www.hptreit.com	(617) 796-8149 or tbonang@hptreit.com.

Equity Research Coverage
*BB&T Capital Markets*	*Stifel, Nicolaus*
Stephanie Krewson	Rod Petrik
(804) 782-8784	(410) 454-4131

*Calyon Securities*	*UBS*
Smedes Rose	William Truelove
(212) 408-5649	(212) 713-8825

*Merrill Lynch*	*Wachovia Securities*
David Bragg	Jeffrey Donnelly
(212) 449-8922	(617) 603-4262

*RBC*
Mike Salinsky
(216) 378-7627

Debt Research Coverage

*Credit Suisse*	*Wachovia Securities*
Matthew Lynch	Dan Sullivan
(212) 325-6456	(704) 383-6441

Rating Agencies

*Moody’s Investors Service*	*Standard and Poor’s*
Maria Maslovsky	Emile Courtney
(212) 553-4831	(212) 438-7824

	Annualized Minimum Return / Rent		% of Annualized Minimum Return / Rent		Cumulative % of Annualized Minimum Return / Rent
2006	$	—	—		—
2007	—		—		—
2008	—		—		—
2009	—		—		—
2010	18,813		5.4	%	5.4	%
2011	—		—		5.4	%
2012	57,512		16.5	%	21.9	%
2013	—		—		21.9	%
2014	—		—		21.9	%
2015	44,468		12.8	%	34.7	%
2016 and thereafter	227,183		65.3	%	100.0	%
Total	$	347,976	100.0	%

Weighted average remaining term	16.3 years