secwatch.observer — SEC 8-K summary
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Issuer:     Service Properties Trust (SVC)
CIK:        0000945394
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0000945394-25-000091
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SVC sells one CA hotel for $27.5M; 41 of 113 hotels sold totaling $316.8M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945394/000094539425000091/0000945394-25-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945394/000094539425000091/svc-20251022.htm
  HTML page:      https://secwatch.observer/filing/0000945394-25-000091

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