Hospitality Properties Trust Announces Closing of Sale of Common Shares of The RMR Group Inc.

NEWTON, Mass.--(BUSINESS WIRE)--Hospitality Properties Trust (Nasdaq: HPT) today announced it closed its sale of 2,503,777 shares Class A Common Shares, or Common Shares, of The RMR Group Inc. (Nasdaq: RMR) in an underwritten public offering at a price to the public of $40.00 per Common Share. HPT received $93.9 million in net proceeds after underwriting fees and before other offering expenses that it will use to repay debt.