Service Properties Trust

Service Properties Trust (SVC) is a real estate investment trust (REIT) headquartered in Newton, Massachusetts, USA. The company's core business involves investing in a diversified portfolio of hotels and service-focused retail net lease properties, aiming to provide stability to its cash flows.

SVC's portfolio includes hotels, primarily extended stay and select-service properties, managed by brands such as Sonesta International, Hyatt, and Radisson. Additionally, it holds service-focused retail net lease properties, which encompass assets like travel centers, restaurants, and convenience retail. These properties are located across the United States, Puerto Rico, and Canada.

Christopher J. Bilotto serves as the President and Chief Executive Officer, having been appointed in March 2025. Service Properties Trust is externally managed by The RMR Group (NASDAQ: RMR), an alternative asset management company specializing in commercial real estate. In recent news, the company announced a five-for-one reverse stock split of its common shares, anticipated to become effective after the close of trading on July 6, 2026. This follows a strategy of divesting hotel assets and acquiring retail properties to reduce debt and concentrate on service-based tenants.