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Stock impact report

Service Properties Trust Provides Business Update [Yahoo! Finance]

Service Properties Trust - Shares of Beneficial Interest (SVC) 
Last service properties trust - shares of beneficial interest earnings: 2/28 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Enhances Financial Profile with Debt Repayments NEWTON, Mass., October 06, 2025 BUSINESS WIRE Service Properties Trust (Nasdaq: SVC) ("SVC") today provided an update on its previously disclosed hotel disposition program and recent actions to strengthen its balance sheet. Hotel Disposition Activity SVC continues to advance its previously disclosed plan to sell 113 Sonesta branded hotels that include 14,803 keys, for gross proceeds of approximately $913 million (the "Sale Hotels"). During the third quarter of 2025, SVC completed the sales of 38 Sale Hotels totaling 5,331 keys and generating gross proceeds of approximately $279 million. SVC remains on track to close the sales of the balance of the Sale Hotels in the fourth quarter of 2025, for gross proceeds of approximately $634 million. Including the sale of eight non-Sale Hotels, two of which closed in the third quarter, SVC has sold 46 hotels through the third quarter of 2025, totaling 6,337 keys, for gross proceeds of appro Show less Read more
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