other material
confidence high
sentiment neutral
materiality 0.75
Service Properties Trust (SVC): M&A transaction — SVC sells five more hotels for $47.2M; 98 of 113 Sale Hotels closed in 2025
Service Properties Trust
- As of Dec 10, 2025, SVC has sold 98 Sale Hotels (12,755 keys) for $722.7M in 2025.
- Agreement terminated for 7 Sale Hotels ($88.2M); SVC evaluating alternatives or remarketing in early 2026.
- 8 Sale Hotels (1,158 keys) remain under contract for $102.4M; 7 expected by year-end, 1 in early 2026.
- Proceeds used to repay debt; total hotel disposition proceeds on completion would reach $870.7M.
- Pro forma FY2024 net loss would have been $288.2M vs historical $275.5M, reflecting sale losses.