Form 8-K Filing by Service Properties Trust
Service Properties Trust (SVC) reported the completion of significant asset dispositions as part of its 45 Hotel Sale Portfolio strategy. On December 16, 2025, SVC sold five hotels for $75.5 million and another hotel on December 17, 2025, for $15.0 million. Cumulatively, as of December 17, 2025, SVC has sold 104 hotels from the portfolio for $813.2 million and an additional eight hotels for $45.6 million. The company is evaluating options for the remaining seven hotels, valued at $88.2 million, and has agreements to sell two more hotels for $11.9 million, with expected completion by year-end 2025 and early 2026. Upon completion of these remaining sales, total proceeds from hotel dispositions are projected to reach $870.7 million, intended for debt repayment. Pro forma financial information reflecting these sales is included in Exhibit 99.1.