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Service Properties Trust sells hotels for $19M before costs

Service Properties Trust (SVC) sold three hotels on October 15, 2026, for an aggregate sales price of $19.0 million, excluding closing costs, under a previously entered purchase and sale agreement.

(Moderate)

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Form Type
8-K

Rhea-AI Filing Summary

Service Properties Trust (SVC) sold three hotels on October 15, 2026, for an aggregate sales price of $19.0 million, excluding closing costs, under a previously entered purchase and sale agreement.

Filing Explained

The filing classifies the completed sale as significant for Form 8-K Item 2.01, but not as a significant portion of a business under Regulation S-X Article 11, so it includes no pro forma financial information.

Item 2.01 Completion of Acquisition or Disposition of Assets Financial
The company completed a significant acquisition or sale of business assets.
Aggregate sales price $19.0 million For the sale of three hotels; excludes closing costs
Hotels sold 3 hotels Disposition completed October 15, 2026
Sale date October 15, 2026 Date the hotel sale was completed
aggregate sales price financial
"for an aggregate sales price of $19.0 million"
purchase and sale agreement financial
"pursuant to a purchase and sale agreement"
A purchase and sale agreement is a legally binding contract that spells out exactly what is being bought or sold, the price, who must do what, the timeline, and any conditions that must be met before the deal closes — like a detailed recipe and checklist for a transaction. Investors care because this document determines when ownership or assets change hands, what risks or obligations remain, and which conditions (financing, approvals, inspections) could delay, alter, or void the deal and therefore affect a company’s value and stock price.
Article 11 of Regulation S-X regulatory
"within the meaning of Article 11 of Regulation S-X"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many hotels did SVC sell, and for how much?

SVC sold three hotels for an aggregate sales price of $19.0 million, excluding closing costs, on October 15, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of report (Date of earliest event reported): October 15, 2026

 

SERVICE PROPERTIES TRUST

(Exact Name of Registrant as Specified in Its Charter)

 

Maryland

(State or Other Jurisdiction of Incorporation)

 

1-11527   04-3262075
(Commission File Number)   (IRS Employer Identification No.)

 

Two Newton Place, 255 Washington Street, Suite 300, Newton, Massachusetts 02458-1634

(Address of Principal Executive Offices) (Zip Code)

 

617-964-8389

(Registrant’s Telephone Number, Including Area Code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol   Name of each Exchange on which Registered
Common Shares of Beneficial Interest   SVC   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

In this Current Report on Form 8-K, the term "SVC" refers to Service Properties Trust and its consolidated subsidiaries.

 

Item 2.01. Completion of Acquisition or Disposition of Assets.

 

On October 15, 2026, SVC sold three hotels for an aggregate sales price of $19.0 million, excluding closing costs, pursuant to a purchase and sale agreement that SVC previously entered. These three hotels constitute a significant disposition for purposes of Item 2.01. The disposed assets do not constitute the disposition of a significant portion of a business within the meaning of Article 11 of Regulation S-X. Accordingly, pro forma financial information is not included in this Current Report on Form 8-K for the disposition.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

    SERVICE PROPERTIES TRUST
     
     
    By: /s/ Brian E. Donley
    Name: Brian E. Donley
    Title: Chief Financial Officer and Treasurer
     
Dated: October 19, 2026  

 

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Filing Exhibits & Attachments

3 documents

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