Service Properties Trust Completes Hotel Sale


2025-10-28SEC Filing 8-K (0000945394-25-000091)

On October 22, 2025, Service Properties Trust (SVC) completed the sale of one hotel in California for $27.5 million, excluding closing costs. This sale is part of a larger agreement to sell 113 hotels for a combined sales price of $913.3 million. To date, SVC has sold 41 hotels for a total of $316.8 million and remains under agreement to sell 72 hotels for $596.5 million. The remaining sales are expected to be completed by the end of 2025. SVC plans to use the proceeds from these sales to repay debt. The filing includes pro forma financial information related to the 45 Hotel Sale Portfolio, which constitutes significant dispositions.


Tickers mentioned in this filing:SVC