Newton’s Hospitality Properties Trust (HPT) reported $101.1 million in funds from operations (FFO) for the quarter ended Sept. 30, an increase from $91.1 million in FFO for the same period last year.

Net income available for common shareholders was $42.8 million for the quarter ended Sept. 30, compared to $40.8 million for the same quarter last year. Net income available for common shareholders for the quarter ended Sept. 30, 2009, included an $11.2 million gain on extinguishment of debt.

FFO for the nine months ended Sept. 30 were $295.4 million, compared to $272.3 million in FFO for the nine months ended Sept. 30, 2009.

The company reported $91.9 million in net income for the nine months ended Sept. 30, compared to $138 million for the same period last year.

For the quarter ended Sept. 30 compared to the same period in 2009: Revenue per available room, or RevPAR, increased by 6.7 percent to $66.54; average daily rate, or ADR, decreased 2.2 percent to $89.43; and occupancy increased 6.2 percentage points to 74.4 percent.

For the nine months ended Sept. 30 compared to the same period in 2009: RevPAR increased by 2.2 percent to $63.79; ADR decreased 6.1 percent to $90.48; and occupancy increased 5.7 percent to 70.5 percent.