Service Properties Trust (SVC): M&A transaction — SVC sells 5 hotels for $50M; 12 of 45 hotels sold YTD for $116.5M in deleveraging plan

Service Properties Trust

Sold five hotels (640 keys) for $50.0M on Sep 30, 2025; cumulative 12 hotels sold for $116.5M out of 45-hotel portfolio.
Proceeds from sales expected to be used to repay debt; 33 hotels remain under agreement for $315.5M, closings expected by end of 2025.
Pro forma financials: removal of ~$47M hotel revenue and $9.3M depreciation for FY2024; net loss improves by ~$10M.
Pro forma as of June 30, 2025: total assets ~$6.94B, equity ~$703M, debt unchanged at ~$5.72B.

item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Service Properties Trust completed a disposition for $50.0 million (closed 2025-09-30).

Action: disposition
Consideration: $50.0 million
Closing: 2025-09-30

Exact text from the filing

On September 30, 2025, Service Properties Trust, or SVC, sold five hotels with a total of 640 keys located in three states for a combined sales price of $50.0 million, excluding closing costs, pursuant to an agreement that SVC previously entered into to sell, in phases, 45 hotels with a total of 5,997 keys for a combined sales price of $432.0 million, excluding closing costs, or the 45 Hotel Sale Portfolio.

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Service Properties Trust filing history →

Source: SEC EDGAR

accession 0000945394-25-000084

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