Once these most recent quarterly results are finalized, they will be run through TheStreet.com Ratings' model and our ratings will be adjusted accordingly. To keep up to date on all of our ratings, visit TheStreet.com Ratings Screener. On March 2, 2009, Hospitality Properties Trust ( HPT) reported that its Q4 FY08 funds from operations (FFO) decreased 18.5% to $88.24 million, or $0.94 per share, from $108.27 million, or $1.15 per share, in the prior year's quarter. Net income available to common shareholders plunged 37.5% to $47.46 million, or $0.51 per share, from $75.98 million, or $0.81 per share, hurt by lower revenue due to TravelCenter's deferral of rent and the non-accrual of straight-line rent. The quarterly FFO missed the consensus estimate of $0.94 per share. Total revenue slipped 13.7% to $282.14 million from $326.76 million in Q4 FY07 dragged down by lower revenue across segments. Hotel operating revenue fell 12.3% to $199.08 million from $227.03 million a year ago. Rental income decreased 17.4% to $72.61 million from $87.95 million in the year-ago quarter. Additionally, FF&E reserve income declined marginally to $5.22 million, while interest income fell to $135,000 from $436,000 last year. Finally, percentage rent dropped 15.7% to $5.10 million from $6.06 million on a year-over-year basis. During the quarter under review, revenue per available room dipped 9.7% to $67.65 from $74.92, while average daily rate decreased 2.6% to $106.20 from $109.06. Occupancy stood at 63.7% compared to 68.7% in Q4 FY07. Recently, HPT paid a regular quarterly common dividend of $0.77 per share. For FY08, total revenue slipped 2.6% to $1.25 billion from $1.29 billion in the previous year. Net income available to common shareholders plummeted 65.8% to $104.12 million, or $1.11 per share, from $304.20 million, or $3.27 per share. Furthermore, FFO for the year declined 8.2% to $396.39 million, or $4.22 per share, from $431.85 million, or $4.64 per share, in FY07.