Service Properties Trust shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent auditors for the 2026 fiscal year. at the 2026-06-11 meeting.
“The Company’s shareholders also ratified the appointment of Deloitte & Touche LLP as the Company’s independent auditors to serve for the 2026 fiscal year. This proposal received the following votes: For Against Abstain Broker Non-Votes 117,966,231 8,958,631 179,710 N/A”
Shareholder Votes
Service Properties Trust shareholders approved Non-binding advisory resolution on the compensation paid to the Company's named executive officers. at the 2026-06-11 meeting.
“The Company’s shareholders also voted on a non-binding advisory resolution on the compensation paid to the Company’s named executive officers as disclosed pursuant to Item 402 of Regulation S-K in the 2026 Proxy Statement. This proposal received the following votes: For Against Abstain Broker Non-Votes 93,864,625 18,402,279 659,098 14,178,570”
Shareholder Votes
Service Properties Trust shareholders approved Election of seven Trustees to the Company's Board of Trustees for a one-year term. at the 2026-06-11 meeting.
“At the Annual Meeting, the Company’s shareholders voted on the election of seven Trustees to the Company’s Board of Trustees each for a one year term of office continuing until the Company’s 2027 annual meeting of shareholders and until her or his respective successor is duly elected and qualifies. The following persons were elected as Trustees and received the following votes: Nominee Votes For Against Abstain Broker Non-Votes Laurie B. Burns 95,060,944 17,727,239 137,819 14,178,570 Robert E. Cramer 71,387,274 41,349,899 188,829 14,178,570 Donna D. Fraiche 81,761,146 31,021,658 143,198 14,178,570 William A. Lamkin 94,808,514 17,932,956 184,532 14,178,570 Rajan C. Penkar 95,227,689 17,547,601 150,712 14,178,570 Christopher J. Bilotto 95,546,693 17,225,521 153,788 14,178,570 Adam Portnoy 74,500,382 38,258,808 166,812 14,178,570”
Earnings Releases
Service Properties Trust reported financial results for the quarter ended March 31, 2026.
“Service Properties Trust, or the Company, issued a summary press release and a detailed earnings presentation announcing the Company's financial results for the quarter ended March 31, 2026.”
Governance Changes
Service Properties Trust: Increased authorized common shares from 200 million to 900 million (effective 2026-03-30).
“On March 30, 2026, we filed Articles of Amendment to our Amended and Restated Declaration of Trust, as amended, with the Maryland Department of Assessments and Taxation to increase the number of our authorized common shares from 200 million to 900 million, effective as of such date.”
Material Agreements
Service Properties Trust entered into Underwriting Agreement with Yorkville Securities, LLC, as representative of the underwriters valued at $500,000,000 (effective 2026-03-31).
“On March 31, 2026, we entered into an underwriting agreement, or the Underwriting Agreement, with Yorkville Securities, LLC, as representative of the underwriters named therein, with respect to an underwritten public offering of 416,666,667 of our common shares of beneficial interest, $.01 par value per share, or common shares, at a public offering price of $1.20 per share. We expect to issue and deliver these common shares on or about April 2, 2026, for aggregate gross proceeds of $500,000,000.”
M&A Transactions
Service Properties Trust completed a disposition involving unknown for $230.3 million, excluding closing costs (closed 2026-01-22).
“On January 22, 2026, Service Properties Trust, or SVC, sold one hotel with a total of 133 keys for a sales price of $7.1 million, excluding closing costs, or the Last Closing, pursuant to a previously disclosed agreement that SVC entered into to sell, in phases, 35 hotels with a total of 4,247 keys for a combined sales price of $230.3 million, excluding closing costs, or the 35 Hotel Sale Portfolio.”
M&A Transactions
Service Properties Trust completed a disposition for $15.0 million (closed 2025-12-17).
“SVC also sold one other hotel in the 45 Hotel Sale Portfolio on December 17, 2025, with a total of 138 keys for a sales price of $15.0 million, excluding closing costs.”
M&A Transactions
Service Properties Trust completed a disposition for $75.5 million (closed 2025-12-16).
“On December 16, 2025 , SVC sold five hotels with a total of 732 keys located in four states for a combined sales price of $75.5 million”
M&A Transactions
Service Properties Trust completed a disposition for $47.2 million (closed 2025-12-10).
“On December 10, 2025, Service Properties Trust, or SVC, sold five hotels with a total of 679 keys located in four states for a combined sales price of $47.2 million, excluding closing costs, or the Last Closing, pursuant to a previously disclosed agreement that SVC entered into to sell, in phases, 45 hotels with a total of 5,997 keys for a combined sales price of $432.0 million, excluding closing costs, or the 45 Hotel Sale Portfolio.”
M&A Transactions
Service Properties Trust completed a disposition for $57.0 million (closed 2025-12-04).
“On December 4, 2025, Service Properties Trust, or SVC, sold eight hotels with a total of 1,038 keys located in three states for a combined sales price of $57.0 million, excluding closing costs, or the Last Closing, pursuant to a previously disclosed agreement that SVC entered into to sell, in phases, 45 hotels with a total of 5,997 keys for a combined sales price of $432.0 million, excluding closing costs”
M&A Transactions
Service Properties Trust completed a disposition for $23.5 million (closed 2025-11-13).
“On November 13, 2025, Service Properties Trust, or SVC, sold four hotels with a total of 459 keys located in three states for a combined sales price of $23.5 million, excluding closing costs, or the Last Closing”
M&A Transactions
Service Properties Trust completed a disposition involving unknown for $27.5 million, excluding closing costs (closed 2025-10-22).
“On October 22, 2025, Service Properties Trust, or SVC, sold one hotel with a total of 152 keys located in California for a sales price of $27.5 million, excluding closing costs, or the Third Phase Closing, pursuant to a previously disclosed agreement that SVC entered into to sell, in phases, 45 hotels with a total of 5,997 keys for a combined sales price of $432.0 million, excluding closing costs”
M&A Transactions
Service Properties Trust completed a disposition for $10.0 million, excluding closing costs (closed 2025-10-15).
“On October 15, 2025, Service Properties Trust, or SVC, sold two hotels with a total of 235 keys located in two states for a combined sales price of $10.0 million, excluding closing costs, or the Second Phase Closing, pursuant to a previously disclosed agreement”
M&A Transactions
Service Properties Trust completed a disposition for $50.0 million (closed 2025-09-30).
“On September 30, 2025, Service Properties Trust, or SVC, sold five hotels with a total of 640 keys located in three states for a combined sales price of $50.0 million, excluding closing costs, pursuant to an agreement that SVC previously entered into to sell, in phases, 45 hotels with a total of 5,997 keys for a combined sales price of $432.0 million, excluding closing costs, or the 45 Hotel Sale Portfolio.”
M&A Transactions
Service Properties Trust completed a disposition for $71.1 million (closed 2025-09-25).
“On September 25, 2025 , SVC sold ten hotels with a total of 1,525 keys located in six states for a combined sales price of $71.1 million, excluding closing costs”
M&A Transactions
Service Properties Trust completed a disposition involving unknown for $22.5 million (closed 2025-09-23).
“On September 23, 2025, SVC sold three hotels with a total of 399 keys located in three states for a combined sales price of $22.5 million, excluding closing costs, pursuant to one of the agreements that SVC previously entered into to sell 113 hotels with a total of 14,803 keys for a combined sales price of $913.3 million, excluding closing costs, or the Sale Hotels.”
M&A Transactions
Service Properties Trust completed a disposition for aggregate sales price of $26.5 million, excluding closing costs, and $20.3 million, excluding closing costs (closed 2025-09-18).
“On September 18, 2025, SVC sold three hotels with a total of 413 keys located in three states for a combined sales price of $26.5 million, excluding closing costs, or the First Significant Disposition, pursuant to one of the agreements that SVC previously entered into to sell 113 hotels with a total of 14,803 keys for a combined sales price of $913.3 million, excluding closing costs, or the Sale Hotels.”
M&A Transactions
Service Properties Trust completed a disposition for $25.0 million, excluding closing costs (closed 2025-09-16).
“On September 16, 2025 , SVC sold two hotels with a total of 318 keys located in one state for a combined sales price of $25.0 million, excluding closing costs”
M&A Transactions
Service Properties Trust completed a disposition for $44.9 million (closed 2025-09-09).
“On September 9, 2025, SVC sold five hotels with a total of 690 keys located in two states for a combined sales price of $44.9 million, excluding closing costs.”
Todd W. Hargreaves resigned as President and Chief Investment Officer at Service Properties Trust.
“and succeeds Todd W. Hargreaves as President and Chief Investment Officer, who also resigned effective March 9, 2025.”
John G. Murray resigned as Managing Trustee at Service Properties Trust.
“Mr. Bilotto succeeds John G. Murray as a Managing Trustee, who resigned effective March 9, 2025”
Christopher J. Bilotto was appointed as President and Chief Executive Officer at Service Properties Trust.
“On March 10, 2025, our Board of Trustees, or the Board, appointed Christopher J. Bilotto as a Managing Trustee and as our President and Chief Executive Officer, effective that day.”
Earnings Releases
Service Properties Trust reported financial results for the quarter ended March 31, 2024.
“On May 7, 2024, Service Properties Trust, or the Company, issued a summary press release and a detailed earnings presentation announcing the Company's financial results for the quarter ended March 31, 2024.”
Earnings Releases
Service Properties Trust reported financial results for the quarter and year ended December 31, 2023.
“Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended December 31, 2023”
Earnings Releases
Service Properties Trust reported financial results for the quarter and nine months ended September 30, 2023.
“On November 6, 2023, Service Properties Trust, or the Company, issued a summary press release and a detailed earnings presentation announcing the Company's financial results for the quarter and nine months ended September 30, 2023.”
Earnings Releases
Service Properties Trust reported financial results for the quarter ended June 30, 2023.
“On August 7, 2023, Service Properties Trust, or the Company, issued a summary press release and a detailed earnings presentation announcing the Company's financial results for the quarter ended June 30, 2023.”
Debt Financings
Service Properties Trust incurred revolving credit of $650 million with Wells Fargo Bank, National Association, as administrative agent and a lender, and a syndicate of other lenders at SOFR plus a margin ranging from 1.50% to 3.00% based on our leverage ratio, as d maturing June 29, 2027.
“On June 29, 2023, Service Properties Trust entered into an amended and restated credit agreement with Wells Fargo Bank, National Association, as administrative agent and a lender, and a syndicate of other lenders, or the Credit Agreement, governing a $650 million secured revolving credit facility.”
Material Agreements
Service Properties Trust amended Pledge Agreement with Wells Fargo Bank, National Association, in its capacity as administrative agent (effective 2023-06-29).
“In connection with the new facility, we and certain of our subsidiaries, or the Pledgors, entered into an amended and restated pledge agreement in favor of Wells Fargo Bank, National Association, in its capacity as administrative agent, or the Pledge Agreement.”
Material Agreements
Service Properties Trust amended Credit Agreement with Wells Fargo Bank, National Association, as administrative agent and a lender, and a syndicate of other lenders valued at $650 million (effective 2023-06-29).
“On June 29, 2023, Service Properties Trust entered into an amended and restated credit agreement with Wells Fargo Bank, National Association, as administrative agent and a lender, and a syndicate of other lenders, or the Credit Agreement, governing a $650 million secured revolving credit facility.”
Shareholder Votes
Service Properties Trust shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent auditors for the 2023 fiscal year at the 2023-06-12 meeting.
“The Company’s shareholders also ratified the appointment of Deloitte & Touche LLP as the Company’s independent auditors to serve for the 2023 fiscal year. This proposal received the following votes: For Against Abstain Broker Non-Votes 133,870,963 770,114 120,626 N/A”
Shareholder Votes
Service Properties Trust shareholders approved Non-binding advisory vote on the frequency of future shareholder advisory votes to approve executive compensation at the 2023-06-12 meeting.
“The Company’s shareholders also voted on a non-binding advisory vote on the frequency of future shareholder advisory votes to approve executive compensation. This proposal received the following votes: One Year Two Years Three Years Abstain Broker Non-Votes 117,380,660 207,061 1,219,825 151,005 15,803,152”
Shareholder Votes
Service Properties Trust shareholders approved Non-binding advisory resolution on the compensation paid to the Company’s named executive officers at the 2023-06-12 meeting.
“The Company’s shareholders also voted on a non-binding advisory resolution on the compensation paid to the Company’s named executive officers as disclosed pursuant to Item 402 of Regulation S-K in the Company’s 2023 Proxy Statement. This proposal received the following votes: For Against Abstain Broker Non-Votes 109,587,222 9,137,769 233,560 15,803,152”
Shareholder Votes
Service Properties Trust shareholders approved Election of seven Trustees to the Board for a one-year term at the 2023-06-12 meeting.
“At the Company’s annual meeting of shareholders held on June 12, 2023 (the “Annual Meeting”), the Company’s shareholders voted on the election of seven Trustees to the Board each for a one year term of office continuing until the Company’s 2024 annual meeting of shareholders and until her, his or their respective successor is duly elected and qualifies.”
Earnings Releases
Service Properties Trust reported financial results for the quarter ended March 31, 2023.
“Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended March 31, 2023”
Earnings Releases
Service Properties Trust reported financial results for quarter and year ended December 31, 2022.
“On February 28, 2023, Service Properties Trust, or the Company, issued a press release regarding the Company’s results of operations and financial condition for the quarter and year ended December 31, 2022”
Material Agreements
Service Properties Trust terminated Voting Agreement with BP valued at Agreed to vote all TA common shares in favor of BP Acquisition; obligations terminate upon earliest (effective 2023-02-15).
“In connection with the Merger Agreement, we entered into a voting agreement, or the Voting Agreement, with BP, pursuant to which, among other things, we agreed to vote all of our TA common shares in favor of the BP Acquisition and against any alternative acquisition proposal, including any superior proposal, as defined.”
Material Agreements
Service Properties Trust amended Consent Agreement with TravelCenters of America Inc., TA Operating LLC, and BP Products North America Inc. valued at Consent to merger, amendment and restatement of leases and guaranties, and sale of tradenames/tradem (effective 2023-02-15).
“On February 15, 2023, we and certain of our subsidiaries entered into a consent and amendment agreement, or the Consent Agreement, with TravelCenters of America Inc., or TA, and its subsidiary, TA Operating LLC, or together, the TCA Parties, and BP Products North America Inc., or BP, pursuant to which we and our applicable subsidiaries: (1) consented to TA’s entering into an agreement and plan of merger, or the Merger Agreement, with BP and its merger subsidiary, pursuant to which BP will acquire TA in a merger transaction, or the Merger, for cash consideration of $86.00 per share of the outstanding shares of common stock, par value $0.001 per share, of TA, or the TA common shares, and to the consummation of the Merger and the other transactions contemplated by the Merger Agreement, or collectively, the BP Acquisition; (2) agreed to amend and restate our subsidiaries’ existing lease and guaranty agreements with the applicable TCA Parties, effective at the time of the Merger; and (3) ag”
Earnings Releases
Service Properties Trust reported the quarter ended September 30, 2022 results: net income $0.05 per common share.
“Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended September 30, 2022.”
Todd W. Hargreaves was appointed as President at Service Properties Trust.
“On that same date, our Board of Trustees appointed Todd W. Hargreaves, currently our Vice President and Chief Investment Officer, as our President, effective April 1, 2022, in addition to continuing in his current office of Chief Investment Officer.”
John G. Murray resigned as President and Chief Executive Officer at Service Properties Trust.
“John G. Murray resigned as our President and Chief Executive Officer, effective March 31, 2022, in order to become President and Chief Executive Officer of Sonesta International Hotels Corporation.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.