DivestmentOct 19, 2026, 04:46 PM
Service Properties Trust Sells Three Hotels for $19.0 Million
AI Summary
Service Properties Trust (SVC) announced the completion of a significant asset disposition, selling three hotels for an aggregate sales price of $19.0 million, excluding closing costs. The transaction was executed on October 15, 2026, pursuant to a previously entered purchase and sale agreement. SVC confirmed that the disposed assets do not constitute a significant portion of a business, and therefore, pro forma financial information is not included in the report.
Key Highlights
- Service Properties Trust (SVC) sold three hotels for $19.0 million on October 15, 2026.
- The sale price excludes closing costs.
- The disposition of these three hotels is considered significant for Item 2.01 reporting.
Price Impact
More from SVC