secwatch.observer — SEC 8-K summary
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Issuer:     Service Properties Trust (SVC)
CIK:        0000945394
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0000945394-26-000018
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Service Properties Trust sells 105 hotels for $820.3M; pro forma net loss widens to $228.2M
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- Sold 105 hotels (13,758 keys) for $820.3M; 8 hotels (1,045 keys) remain for sale.
- Pro forma net loss for FY 2025 is $228.2M ($1.37/sh) vs historical $202.3M ($1.22/sh).
- Pro forma total revenues $1.51B vs historical $1.81B from removing sold hotels.
- One hotel closed Jan 2026 for $7.1M (133 keys), reflected in pro forma balance sheet.
- Transaction related costs of $10.0M incurred for sale and renovation of certain hotels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945394/000094539426000018/0000945394-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945394/000094539426000018/svc-20260313.htm
  HTML page:      https://secwatch.observer/filing/0000945394-26-000018

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