other material
confidence high
sentiment neutral
materiality 0.40
Service Properties Trust changes incentive fee index to MSCI US REIT Diversified Index from Hotel & Resort index
Service Properties Trust
- Amendment effective Jan 1, 2026 replaces MSCI U.S. REIT/Hotel & Resort REIT Index with MSCI US REIT Diversified Index for fee calculation.
- Change applies to incentive management fee and termination-for-performance provisions under the Business Management Agreement.
- Amendment approved by Compensation Committee of Independent Trustees and executed with Manager The RMR Group LLC.
- Prior periods will continue to use the Hotel & Resort REIT Index; only periods from Jan 1, 2026 onward use the new index.