Service Properties Trust (SVC): M&A transaction — SVC sells one CA hotel for $27.5M; 41 of 113 hotels sold totaling $316.8M

Service Properties Trust

Sale of 152-key California hotel for $27.5M (excl. closing costs) under 113-hotel portfolio agreement.
Year-to-date sold 41 of 113 hotels (5,718 keys) for $316.8M; 72 hotels remaining under agreement at $596.5M.
Remaining 72 hotel sales expected to complete by end of 2025; proceeds to repay debt.
Pro forma shows 15 hotels sold from 45-hotel portfolio reduced annual 2024 revenue by $58.8M and net loss by $10.1M.
Pro forma six-month 2025 net loss unchanged at $0.93 diluted EPS after removing sold hotel operations.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

Service Properties Trust completed a disposition involving unknown for $27.5 million, excluding closing costs (closed 2025-10-22).

Action: disposition
Consideration: $27.5 million, excluding closing costs
Closing: 2025-10-22

Exact text from the filing

On October 22, 2025, Service Properties Trust, or SVC, sold one hotel with a total of 152 keys located in California for a sales price of $27.5 million, excluding closing costs, or the Third Phase Closing, pursuant to a previously disclosed agreement that SVC 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

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Service Properties Trust filing history →

Source: SEC EDGAR

accession 0000945394-25-000091

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