Service Properties Trust sells 3 more hotels ($22.5M); 90 of 113 Sale Hotels remain under contract

Service Properties Trust

Sold 3 hotels (399 keys) for $22.5M, excluding closing costs, on Sept 23, 2025.
Cumulative sales: 23 of 113 Sale Hotels sold for $158.2M (3,166 keys).
Remaining 90 Sale Hotels (11,637 keys) under agreement for $755.1M; closings expected by end of 2025.
Proceeds from hotel sales to be used to repay debt, including revolving credit facility borrowings.

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