Welcome to our dedicated page for Service Properties Trust SEC filings (Ticker: SVC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Service Properties Trust (Nasdaq: SVC) files detailed reports with the U.S. Securities and Exchange Commission that explain its hotel and service-focused retail net lease portfolio, capital structure and operating results. This SEC filings page centralizes those documents and pairs them with AI-generated highlights to help readers interpret the information more efficiently.
For SVC, Form 10-K annual reports and Form 10-Q quarterly reports provide comprehensive discussions of its hotel and net lease property holdings, risk factors, financing arrangements and REIT tax status. These filings describe how the trust’s portfolio is composed across the United States, Puerto Rico and Canada, and outline key metrics such as numbers of hotels, guest rooms and net lease properties.
Form 8-K current reports are especially important for SVC because they document significant asset dispositions and financing events. In 2025, SVC filed numerous 8-Ks under Item 2.01 to report the sale of groups of hotels from a 113-hotel disposition program, including 35 Hotel Sale Portfolio and 45 Hotel Sale Portfolio transactions. These filings often include unaudited pro forma condensed consolidated financial statements as exhibits, showing how the sales would have affected SVC’s balance sheet and results of operations if completed at earlier dates.
On this page, AI tools summarize new 8-Ks, 10-Ks and 10-Qs in plain language, flagging items such as hotel sale progress, expected use of proceeds to repay debt, and changes in SVC’s debt profile, including redemptions of senior unsecured notes and issuance of zero coupon senior secured notes. Users can also review exhibits for pro forma financial information related to significant hotel sale portfolios. Real-time updates from EDGAR ensure that new SVC filings, including any Form 4 insider transaction reports or proxy materials, appear promptly with concise AI explanations to help investors understand their implications.
Service Properties Trust director Laurie B. Burns reported an indirect open-market sale of 87,680 common shares of beneficial interest through the Laurie B. Burns Revocable Trust. The weighted average sale price was $2.3248 per share, with individual trades ranging from $2.32 to $2.345. Following this transaction, the filing shows 0 shares held in this reported indirect position.
SVC submitted a Form 144 reporting proposed sales of Common Shares of Beneficial Interest by Laurie B. Burns. The filing lists multiple grant dates and share lots awarded to Burns and subsequently gifted, including 3,000, 5,000, 7,000, 18,255, and 40,425 share lots with original award dates from
The filing ties the lots to private acquisitions/awards from the issuer and shows a Form 144 filing date of
Service Properties Trust is a Maryland-based REIT that owns a large mix of service-focused retail net lease properties and hotels. As of December 31, 2025, it held 760 net lease properties totaling 13,601,902 square feet across 42 states and 94 hotels with 21,243 rooms in 31 U.S. states plus Canada and Puerto Rico.
In 2025, the company advanced a strategic portfolio shift by selling 112 hotels with 14,631 keys and acquiring 29 net lease properties totaling 283,759 square feet, aiming to rebalance toward service-oriented, necessity-based net lease assets. Its largest tenant is TravelCenters of America-branded operators, where it has invested about $2.3 billion in 131 properties and $1.0 billion in 44 Petro Stopping Centers properties.
The company emphasizes early lease renewals, active asset management, and capital recycling to support cash flow and distributions while maintaining REIT status. As of June 30, 2025, non-affiliate holders owned voting common shares with an aggregate market value of approximately $392.5 million, and 168,061,029 common shares were outstanding as of February 23, 2026.
Service Properties Trust reported fourth quarter 2025 total revenues of $397.5 million and a small net loss of $0.8 million, or $0.00 per share. Normalized FFO was $27.5 million, or $0.17 per share, and Adjusted EBITDAre reached $125.6 million.
The hotel portfolio generated RevPAR of $99.24 and Adjusted Hotel EBITDA of $27.9 million, while the net lease portfolio was 96.6% occupied with rent coverage of 1.98x as of December 31, 2025. In 2025 the company sold 112 hotels for $858.8 million and used these proceeds and cash to redeem all $800 million of 2026 debt maturities and $300 million of February 2027 notes.
For full year 2026, guidance calls for Hotel EBITDA of $124–$144 million, net lease NOI of $380–$386 million, Adjusted EBITDAre of $500–$520 million, and Normalized FFO of $110–$130 million, or $0.65–$0.77 per share, with planned capital expenditures of $120–$140 million. As of December 31, 2025, SVC had approximately $10 billion invested in 760 service-focused net lease properties and 94 hotels totaling over 21,000 rooms.
Service Properties Trust announced a new asset-backed financing and a major debt redemption. Its special purpose subsidiaries agreed to sell $745.0 million of Net-Lease Mortgage Notes – Series 2026-1 in three classes, with interest rates of 5.157% for Class A, 5.795% for Class B and 7.549% for Class M. The notes are expected to mature in March 2031 and may be redeemed at par beginning in March 2029.
The notes will be non-recourse and secured by 472 net lease retail properties, including 158 properties contributed in connection with this transaction. Net proceeds are expected to be about $730.0 million, to be used for debt repayment and general corporate purposes. The company also delivered notice to redeem all outstanding 8.375% Senior Guaranteed Unsecured Notes due 2029, totaling $700.0 million, with redemption expected on or about March 7, 2026, funded from the ABS transaction.
Service Properties Trust reports the sale of one hotel with 133 keys for $7.1 million, continuing its broader hotel disposition strategy. This sale is part of previously announced agreements to sell 113 hotels with 14,803 keys for a combined $913.3 million, excluding closing costs.
Since January 1, 2025, the company has sold 105 of these hotels with 13,758 keys for $820.3 million and eight additional hotels with 1,006 keys for $45.6 million. As of January 22, 2026, aggregate hotel disposition proceeds total $865.9 million, which the company has previously stated it expects to use to repay debt.
The company has sold all 35 hotels in a defined 35-hotel portfolio considered significant dispositions and has filed unaudited pro forma condensed consolidated financial statements as Exhibit 99.1 to show how its balance sheet and results of operations would look as if these sales had occurred earlier.
Service Properties Trust sold five hotels with a total of 679 keys on December 10, 2025 for a combined sales price of $47.2 million, excluding closing costs. This transaction is part of previously agreed sales of 113 hotels, or the Sale Hotels, for a combined $913.3 million, excluding closing costs.
Since January 1, 2025 the company has sold 98 of the Sale Hotels with 12,755 keys for $722.7 million and eight other hotels with 1,006 keys for $45.6 million, all excluding closing costs. It remains under agreement to sell eight Sale Hotels with 1,158 keys for $102.4 million, which are expected to close in phases, with seven hotels by the end of 2025 and one in early 2026.
SVC has terminated the agreement to sell seven Sale Hotels representing $88.2 million of the aggregate Sale Hotels price and is evaluating alternative buyers or potential remarketing. Upon completion of the remaining eight sales, aggregate proceeds from hotel dispositions would total $870.7 million, excluding closing costs, which SVC expects to use to repay debt. The company also provided unaudited pro forma financial statements reflecting these significant hotel dispositions.
Service Properties Trust director William A. Lamkin reported an insider sale of company stock. On December 15, 2025, he sold 101,180 common shares of beneficial interest at a price of $1.88 per share. After this transaction, he indirectly holds 12,500 shares, which are owned through a trust.
Service Properties Trust reports completion of major hotel sales under previously announced disposition agreements. On November 18, 2025, the company sold 31 hotels with 3,734 keys in 18 states for $198.7 million, excluding closing costs, from its 35 Hotel Sale Portfolio, and on November 19, 2025 it sold three hotels with 357 keys in three states for $26.0 million, excluding closing costs, from its 45 Hotel Sale Portfolio. In total, SVC has sold 85 of the Sale Hotels with 11,038 keys for $618.5 million, excluding closing costs, and remains under agreement to sell 28 additional Sale Hotels with 3,765 keys for $294.8 million, expected to close in phases by the end of 2025. The company reiterates that it expects to use sale proceeds to repay debt and provides unaudited pro forma financial statements for each sale portfolio as exhibits to illustrate the impact as if the sales had occurred earlier.
Service Properties Trust (SVC)11/19/2025, the officer sold 3,500 common shares of beneficial interest in an open market transaction coded as "S" for sale. The shares were sold at a price of $1.58 per share.
After this transaction, the reporting officer beneficially owns 148,660 common shares, which remain held as a direct ownership position. The filing is made on Form 4, which discloses changes in the holdings of company insiders such as directors and executive officers.