Service Properties Trust (SVC): M&A transaction — SVC sells two hotels for $10M; cumulative 40 hotels sold for $289.3M in $913.3M disposition plan

Service Properties Trust

Two hotels (235 keys) sold Oct 15, 2025 for $10M; estimated net proceeds $9.7M after $0.3M closing costs.
To date, 40 of 113 planned hotels sold for $289.3M; 73 remaining under agreement for $624M, expected to close by end-2025.
Sale resulted in an estimated loss of ~$9.5M (net book value $19.2M vs net proceeds $9.7M).
Proceeds from the disposition program are used to repay debt.
Pro forma financial statements filed reflect removal of sold hotels' historical operations.

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 $10.0 million, excluding closing costs (closed 2025-10-15).

Action: disposition
Consideration: $10.0 million, excluding closing costs
Closing: 2025-10-15

Exact text from the filing

On October 15, 2025, Service Properties Trust, or SVC, sold two hotels with a total of 235 keys located in two states for a combined sales price of $10.0 million, excluding closing costs, or the Second Phase Closing, pursuant to a previously disclosed agreement

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Service Properties Trust filing history →

Source: SEC EDGAR

accession 0000945394-25-000087

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