{"schema_version":"secwatch.filing_event.v1","accession":"0000945394-23-000013","form_type":"8-K","ticker":"SVC","cik":"0000945394","company_name":"Service Properties Trust","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.671729+00:00","generated_at":"2026-06-18T23:10:31.127873+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SVC Q4 net loss $(0.19)/share; Normalized FFO $0.44 (+162% YoY); $610M ABS financing; BP/TA lease amendment","bullets":["Net loss per share $(0.19) vs $(1.21) prior year; Normalized FFO per share $0.44 vs $0.17 (+162%).","Comparable hotel RevPAR +21.4% YoY; hotel EBITDA +98.3% to $55.0M; occupancy +3.3 pts to 58.7%.","Completed $610.2M ABS facility (5.60% weighted avg coupon, 5-year) to redeem $500M 4.50% Senior Notes due 2023.","Agreed to amend TA leases with BP: annual min rent $254M, 2% annual increases, $188M prepaid rent; SVC expects $379.3M total cash from TA shares, tradenames, prepaid rent.","Sold 8 hotels in Jan-Feb 2023; under agreement to sell 9 remaining Marriott hotels for $88.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000945394-23-000013","json":"https://secwatch.observer/filing/0000945394-23-000013.json","markdown":"https://secwatch.observer/filing/0000945394-23-000013.md","text":"https://secwatch.observer/filing/0000945394-23-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/945394/000094539423000013/0000945394-23-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/945394/000094539423000013/svc-20230228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T23:10:31.127873+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cf2e1d1f0b419b4311cc986724a4f866cbf6551d","claim":"Service Properties Trust reported financial results for quarter and year ended December 31, 2022.","evidence_excerpt":"On February 28, 2023, Service Properties Trust, or the Company, issued a press release regarding the Company’s results of operations and financial condition for the quarter and year ended December 31, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/945394/000094539423000013/0000945394-23-000013-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter and year ended December 31, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}