secwatch.observer — SEC 8-K summary
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Issuer:     Service Properties Trust (SVC)
CIK:        0000945394
Form:       8-K
Filed at:   2025-12-16T23:59:59+00:00
Accession:  0000945394-25-000121
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SVC sells five more hotels for $47.2M; 98 of 113 Sale Hotels closed in 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945394/000094539425000121/0000945394-25-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945394/000094539425000121/svc-20251210.htm
  HTML page:      https://secwatch.observer/filing/0000945394-25-000121

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