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Hospitality Properties Trust (NYSE: HPT) today announced the results of its annual meeting which was held earlier today as follows.
John L. Harrington was re-elected as an Independent Trustee by a majority of all shares voted.
Barry M. Portnoy was re-elected as a Managing Trustee by a majority of all shares voted.
Shareholders approved an amendment to HPT’s Declaration of Trust to permit the annual election of all Trustees.
Shareholders approved a nonbinding advisory resolution approving the compensation paid to the Company’s named executive officers.
Shareholders ratified the appointment of Ernst & Young LLP as HPT’s independent registered public accounting firm.
Shareholders approved a nonbinding proposal by UNITE HERE requesting that HPT take certain steps to opt out of the Maryland Unsolicited Takeover Act, or MUTA.
Hospitality Properties Trust is a real estate investment trust, or REIT, which owns or leases a diverse portfolio of hotels and travel centers located in 44 states, Puerto Rico and Canada. HPT’s properties are operated under long term management or lease agreements some of which include various security features. HPT is headquartered in Newton, Massachusetts.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the New York Stock Exchange.No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.