- CEO
- Jeffrey M. Jones
- Full Time Employees
- 12
- Sector
- Real Estate
- Industry
- REIT - Hotel & Motel
- Address
- 100 E River Center Boulevard Covington KY United States of America 41011
- IPO Date
- Sep 27, 2010
- Business
- Eagle Hospitality Properties Trust Inc. (EHPTP) operates as a real estate investment trust focused on owning and acquiring upper-upscale full-service and all-suite hotels affiliated with premier brands including Hilton, Embassy Suites by Hilton, Marriott and Hyatt; its portfolio encompasses approximately 13 properties with around 3,518 guestrooms located across key U.S. markets in Arizona, California, Colorado, Florida, New York, Kentucky, Ohio, Illinois, Massachusetts and Puerto Rico. Founded in 2006 and headquartered at 100 East RiverCenter Boulevard, Suite 480, Covington, Kentucky, the company targets institutional and individual investors in the hotel and resort REIT segment, emphasizing properties in high-demand metropolitan and leisure destinations proximate to convention centers, airports and attractions such as Disneyland and Disney World. In recent major developments, significant portions of predecessor or related Eagle Hospitality assets underwent Chapter 11 bankruptcy protection in 2021, culminating in the sale of 10 full-service hotels in California, Colorado, Connecticut and Florida to Monarch Alternative Capital for $360 million, with operational management partnered to Hersha Hospitality Management; the EHPTP preferred shares reflect a post-restructuring structure as 8.25% Series A Cumulative Redeemable Preferred Shares amid ongoing low trading volumes and delisting risks.