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Eagle Hospitality Properties Trust , Inc.

Eagle Hospitality Properties Trust , Inc. - Covington

Eagle Hospitality Properties Trust , Inc.

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Description of Eagle Hospitality Properties Trust , Inc.

Eagle Hospitality Properties Trust, Inc. (NYSE: EHP) is an upscale hotel real estate investment trust (REIT). Headquartered in Covington, Kentucky, part of the greater Cincinnati metro area. Eagle owns 13 properties comprising approximately 3,516 guestrooms located in Ohio, Illinois, Florida, Colorado, Arizona, New York, Puerto Rico, California, Massachusetts and Kentucky. Eagle Hospitality Properties Trust is a young, dynamic company with an entrepreneurial spirit. Our objective is to operate Eagle Hospitality Properties Trust in a manner that is consistent with your expectations as a stockholder. Due to our well-defined vision and solid foundation for growth, we are energized about the future of the company. We have a goal of being recognized as a premier hospitality REIT when compared with our peer group. While this is certainly ambitious, every aspect of our investment strategies, business structure and operations leads us to conclude that our vision is not unachievable. We intend to own a high quality portfolio of full-service and all-suites hotels that are young in age and kept refreshed, and that are intensively managed and asset managed to deliver attractive operating margins and yields on investment in a transparent and open company. We are highly focused on initiatives to enhance the guest experience - everything from shower heads to fitness facilities - with the objective to drive repeat stays at higher rates. We have a strong balance sheet, and our plan is to maintain a conservative capital structure in order to be able to pursue investment opportunities while enhancing the safety of our dividend. Eagle Hospitality Properties Trust will be aggressive, yet disciplined and focused, in our acquisition program to ensure that we maintain a high quality branded hotel portfolio that we believe will enable Eagle to attain its goal of generating strong risk adjusted returns on invested capital for our stockholders.
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