other material
confidence high
sentiment negative
materiality 0.70
Service Properties Trust (SVC): M&A transaction — SVC sells 8 hotels for $57M, contested termination on 7 remaining deals
Service Properties Trust
- On Dec 4, 2025 sold 8 hotels (1,038 keys) for $57M; total 93 of 113 Sale Hotels sold for $675.5M.
- 20 Sale Hotels (2,727 keys) remain under agreement for $237.8M, expected to close by end of 2025.
- A buyer purported to terminate agreement for 7 Sale Hotels ($88.2M); SVC is contesting, outside close date Dec 15, 2025.
- Pro forma net loss per share $1.70 for FY2024 and $1.26 for 9M 2025 after removing sold hotel results.