Service Properties Trust Provides Business Update
Service Properties TrustService Properties Trust(US:SVC) Businesswire·2025-12-18 21:45

Core Viewpoint - Service Properties Trust (SVC) has made significant progress in its hotel dispositions and actions to enhance its balance sheet, indicating a strategic shift in its asset management approach [1] Group 1: Hotel Sales - In the fourth quarter of 2025 to date, SVC has completed the sale of 66 hotels, totaling 8,294 keys, generating approximately $534 million in gross proceeds [1] - Year to date, SVC has sold 112 hotels, amounting to 14,631 keys, with total gross proceeds of around $859 million [1]

Service Properties Trust Provides Business Update - Reportify