secwatch.observer — SEC 8-K summary
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Issuer:     Service Properties Trust (SVC)
CIK:        0000945394
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0000945394-25-000097
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SVC sells three hotels for $29M; 18 of 45 hotels in portfolio sold to date for $183M
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- Three hotels (390 keys) sold on Oct 29, 2025 for $29.0M, excluding closing costs.
- Cumulative sales from 45-hotel portfolio: 18 hotels (2,439 keys) for $183M ($154M prior + $29M).
- Remaining 27 hotels (3,558 keys) under agreement for $249M; closings expected by end of 2025.
- Proceeds from hotel sales are expected to be used to repay debt.
- Pro forma financials filed reflecting removal of sold hotels' revenues and expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945394/000094539425000097/0000945394-25-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945394/000094539425000097/svc-20251029.htm
  HTML page:      https://secwatch.observer/filing/0000945394-25-000097

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer