Newton REIT Hospitality Properties Trust has reported $100 million in funds from operations (FFO) for the quarter ended June 30, compared to $91.6 million in FFO for the same period last year.

FFO for the quarter ended June 30, excludes a $6.7 million loss on extinguishment of debt and a $16.4 million loss on asset impairment, according to a statement.

Net income available for common shareholders was $15.7 million for the quarter ended June 30, compared to $43.6 million for the same quarter last year.

FFO for the six months ended June 30 was $194.3 million, compared to $181.1 million in FFO for the six months ended June 30, 2009.

Net income available for common shareholders was $49.1 million for the six months ended June 30, compared to $97.2 million for the same period last year.

The company operates almost 300 hotel properties nationwide.

Revenue per available room, or RevPAR, increased by 4.1 percent to $65.97 in the second quarter. The average daily rate, or ADR, decreased 5.6 percent to $90.50; and occupancy increased 6.8 percentage points to 72.9 percent, according to a statement.