Service Properties Trust

Service Properties Trust is a real estate investment trust, which engages in the provision of hospitality and travel services. It operates through the following Hotel Investments and Net Lease Investments segments. The firm owns hotels and travel centers located throughout the U.S., Ontario, Canada, and Puerto Rico. The company was founded by Barry M. Portnoy on February 7, 1995 and is headquartered in Newton, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Service Properties Trust (SVC) reports strong Q4 performance and eyes growth opportunities in key markets

Service Properties Trust (SVC) delivered strong financial results in Q4 2022, driven by robust performance in its hotel portfolio and strategic initiatives to enhance operational efficiency.
Despite facing challenges in market conditions and operational transitions, SVC remains focused on capitalizing on growth opportunities through acquisitions and property renovations.
With a solid financial foundation and a proactive approach to managing assets, SVC is well-positioned to navigate market challenges and drive sustainable growth in the hospitality sector.

Service Properties Trust reports strong Q1 results amidst market challenges

SVC's Q1 2023 performance reflected strength in the hotel portfolio and operational improvements.
Challenges include tenant vacates impacting net lease rents and pending acquisitions.
Opportunities lie in exploring growth avenues, financing options, and market trends.
Overall, SVC showcased positive market positioning and financial resilience in Q1 2023.

Service Properties Trust (SVC) reports strong Q2 performance and strategic growth plans

Service Properties Trust (SVC) demonstrated robust performance in Q2, driven by strong hotel portfolio results and strategic financial management.
While facing challenges like inflation and labor costs, SVC's proactive approach to acquisitions and debt management positions them well for future growth.
Opportunities lie in optimizing operations, exploring growth in urban markets, and addressing financial concerns to sustain positive momentum.
Overall, SVC's focus on stability, growth, and financial prudence sets a solid foundation for continued success in the market.

Service Properties Trust (SVC) posts strong Q3 results amid evolving market dynamics

Service Properties Trust (SVC) reported solid Q3 results driven by hotel performance and positive business travel trends.
While facing challenges like debt maturities and operational integration, the company is leveraging strengths in brand loyalty and financial stability.
Opportunities lie in growing direct bookings, franchising efforts, and strategic debt management for long-term success.
Overall, SVC's focus on customer engagement and financial resilience positions them well for future growth and profitability.

Service Properties Trust reports mixed Q4 results, eyes growth opportunities

SVC navigated industry challenges with mixed performance across hotel segments.
Maintained strong financial metrics with a focus on operational efficiency and capital structure.
Balancing operational costs and revenue generation remains crucial for sustained growth.
Strategic initiatives and market positioning will be key to capitalizing on growth opportunities.

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Marriott

NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC), or SVC, today sent a letter to Marriott International, Inc. (NYSE: MAR), or MAR, requesting MAR advance $11.0 million to cover the shortfall between the payments SVC has received to date from MAR and 80% of the priority returns due to SVC for the eight months ended August 2020. MAR has 10 days from receipt of the letter to make the payment, or SVC will have the right to terminate its agreement with MAR. SVC’s agreement with

Service Properties Trust Sends Notice of Payment Shortfall to Marriott for Agreement Covering 122 Hotels

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Service Properties Trust (SVC) CEO John Murray on Q2 2020 Results - Earnings Call Transcript

Service Properties (SVC) delivered FFO and revenue surprises of 92.00% and -14.88%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Service Properties (SVC) Q2 FFO Surpass Estimates

NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter and six months ended June 30, 2020:   Three Months Ended June 30,   Six Months Ended June 30,   2020   2019   2020   2019   ($ in thousands, except per share data) Net income (loss) $ (37,349 )   $ 8,782     $ (70,999 )   $ 234,569   Net income (loss) per common share $ (0.23 )   $ 0.05     $ (0.43 )   $ 1.43   Adjusted EBITDAre (1) $ 152,166     $ 218,972     $ 347,303  

Service Properties Trust Announces Second Quarter 2020 Results

NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its second quarter 2020 results before the Nasdaq opens on Friday, August 7, 2020. Later that morning, at 10:00 a.m. Eastern Time, President and Chief Executive Officer John Murray, Chief Financial Officer Brian Donley and Chief Investment Officer Todd Hargreaves will host a conference call to discuss these results. The conference call telephone number is (877) 32

Service Properties Trust Second Quarter 2020 Conference Call Scheduled for Friday, August 7th

Share of the REIT rose sharply after potentially good news from one of its major tenants.

Why Service Properties Trust Stock Rose as Much as 12.5% on June 29

Investors need to pay close attention to Service Properties (SVC) stock based on the movements in the options market lately.

Do Options Traders Know Something About Service Properties (SVC) Stock We Don't?

SVC should be able to reinstate its prior dividend levels in the relatively near future.

Service Properties Offers Deep Value

Service Properties Trust (NASDAQ: SVC) shares are trading higher on Monday after the company sold a property in Massachusetts for $51 million.

Why Service Properties Trust's Stock Is Trading Higher Today

Service Properties Trust (SVC) Q1 2020 Results - Earnings Call Transcript

Service Properties (SVC) delivered FFO and revenue surprises of -15.73% and -5.86%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Service Properties (SVC) Misses Q1 FFO and Revenue Estimates

Shares of Service Properties Trust SVC, -15.11% tumbled 14% in afternoon trading Thursday, after the real estate investment trust (REIT) focused on hospitality and travel services had its credit rating cut to "junk" status at S&P Global Ratings.

Service Properties Trust's stock tumbles after S&P Global cuts REIT's credit to 'junk' status

Service Properties Trust's (SVC) Management on Q4 2019 Results - Earnings Call Transcript

Service Properties (SVC) delivered FFO and revenue surprises of 1.10% and -0.16%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Service Properties (SVC) Q4 FFO Top Estimates

News for Service Properties Trust Stock (SVC)