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”
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.