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 filings document the regulatory record of a Maryland real estate investment trust with common shares of beneficial interest listed on Nasdaq. Its 8-K reports cover quarterly operating results, earnings presentations, material agreements for common-share offerings, capital-structure actions, ABS financing through indirect subsidiaries, and completed hotel dispositions with pro forma financial information.
Proxy materials describe annual meeting business, trustee governance, shareholder voting matters and board-related disclosures. The filing record also includes risk-factor references, exhibits, Inline XBRL cover data, and disclosure for debt instruments such as Net-Lease Mortgage Notes – Series 2026-1 tied to the trust’s net lease asset base.
Service Properties Trust (SVC) is offering $500.0 million of common shares, with an underwriter option for an additional $75.0 million. The company expects net proceeds of approximately $471.5 million (no option) and intends to use proceeds, together with cash on hand, to redeem portions of its senior unsecured notes due 2027.
The prospectus supplement references management and related‑party indications to buy shares (Helix up to $100.0 million, RMR up to $50.0 million, certain insiders ~216,180 shares at the assumed price). Shares outstanding used for pro forma math: 168,054,570 (as of March 27, 2026); last reported Nasdaq sale price was $1.78 per share. The filing also summarizes a portfolio transformation including planned hotel dispositions (estimated gross proceeds $175–$200 million) and a target 2026 CapEx of $120–$140 million.
Service Properties Trust reports a Schedule 13G/A amendment showing 0% beneficial ownership by The Vanguard Group as of 03/13/2026. The filing states Vanguard completed an internal realignment on 01/12/2026, and certain subsidiaries will report ownership separately in reliance on SEC Release No. 34-39538.
The amendment lists 0 shares beneficially owned and 0 voting and dispositive powers across sole and shared categories. The filing is signed by Ashley Grim, Head of Global Fund Administration, on 03/27/2026.
Service Properties Trust is holding its 2026 virtual annual meeting on June 11, where shareholders will vote on electing seven trustees, an advisory say-on-pay proposal and ratifying Deloitte & Touche as independent auditors.
The proxy highlights 2025 portfolio moves, including more than $1.4 billion in capital markets transactions and the sale of 112 Sonesta-operated hotels, generating about $859 million in gross proceeds. The company used these funds and cash on hand to redeem $800 million of 2026 debt maturities and $300 million of 2027 maturities, reducing near-term refinancing risk. It ended 2025 with 760 net lease retail properties that were about 97% leased, with a weighted average remaining lease term of 7.4 years, and emphasizes its governance practices, board independence and detailed sustainability and SASB-aligned reporting.
Service Properties Trust filed updated unaudited pro forma financial statements reflecting the sale of 105 hotels with 13,758 keys for a combined sales price of $820.3 million, excluding closing costs. These hotels are part of previously announced agreements to sell 113 hotels for $913.3 million.
The pro forma balance sheet as of December 31, 2025 assumes one additional hotel sale from the 35-hotel portfolio had closed by that date, while the statement of loss for 2025 assumes all 105 hotel sales were effective from January 1, 2025. Pro forma net loss for 2025 is $228,154,000, or $1.37 per share, compared with a historical net loss of $202,321,000, or $1.22 per share.
SVC is also remarketing eight remaining hotels with 1,045 keys that had been under contract for $93.0 million, excluding closing costs. Management emphasizes that the pro forma figures are for informational purposes only and are not necessarily indicative of future results.
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 02/27/2020 through 06/13/2025.
The filing ties the lots to private acquisitions/awards from the issuer and shows a Form 144 filing date of 02/12/2026. It documents the securities to be sold rather than company operational or financial results.
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.