Latest News

February 28, 2023
Net Loss of $(0.19) Per Common Share 159% Increase in Normalized FFO to $0.44 Per Common Share 27% Increase in Adjusted EBITDAre to $150.5 Million Completes $610.2 Million Secured Financing Agrees to Amend Lease Terms upon Completion of BP’s Acquisition of TravelCenters of America Inc. Conference Call section, first paragraph, first sentence of release should read: On March 1, 2023 at 10:00 a.m. Eastern Time (instead of 1:00 p.m. Eastern Time). The updated release reads: SERVICE PROPERTIES TRUST ANNOUNCES FOURTH QUARTER 2022 RESULTS Net Loss of $(0.19) Per Common Share 159% Increase in Normalized FFO to $0.44 Per Common Share 27% Increase in Adjusted EBITDAre to $150.5 Million Completes $610.2 Million Secured Financing Agrees to Amend Lease Terms upon Completion of BP’s Acquisition of TravelCenters of America Inc. Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended December 31, 2022. Todd Hargreaves , President and Chief Investment...
February 28, 2023
Net Loss of $(0.19) Per Common Share 159% Increase in Normalized FFO to $0.44 Per Common Share 27% Increase in Adjusted EBITDAre to $150.5 Million Completes $610.2 Million Secured Financing Agrees to Amend Lease Terms upon Completion of BP’s Acquisition of TravelCenters of America Inc. Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended December 31, 2022. Todd Hargreaves , President and Chief Investment Officer of SVC, made the following statement: “We are encouraged by the improved hotel fundamentals that we experienced throughout 2022 and expect that further progress will occur in 2023. Comparable hotel RevPAR for the fourth quarter increased by 21.4% over the same period last year, with occupancy increasing 3.3 percentage points, leading to a 98.3% increase in comparable hotel EBITDA over the same period last year. Our portfolio of net lease assets continued to deliver steady and reliable cash flows during the quarter. We are excited...
February 17, 2023
Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its fourth quarter 2022 results after the Nasdaq closes on Tuesday, February 28, 2023. On Wednesday, March 1, 2023 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargreaves and Chief Financial Officer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (877) 329-3720. Participants calling from outside the United States and Canada should dial (412) 317-5434. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through Wednesday, March 8, 2023. To hear the replay, dial (412) 317-0088. The replay pass code is 5200808. A live audio webcast of the conference call will also be available in a listen-only mode on the company’s website, which is located at...

Recent Events

03/01/2023 10:00 AM EST

Dial-in Numbers:
U.S./Canada: (877) 329-3720
International: (412) 317-5434
No pass code required.
Call replay available until March 8, 2023 at 1-412-317-0088; pass code: 5200808

Investor Presentation

Stock Quote

Stock Quote: NASDAQ

Price 9.96

Change +0.32

Volume 1,382,314

% Change +3.32%

Intraday High 9.99

52 Week High 11.57

Intraday Low 9.69

52 Week Low 4.65

Today's Open 9.75

Previous Close 9.64

03/31/2023 04:00 PM Delayed 20 minutes
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Contacts

Investor Relations Email: IR@svcreit.com Phone: 617-796-8232

Cautionary Language

The information appearing on SVC’s website includes statements which constitute forward looking statements. These forward looking statements are based upon SVC’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. SVC’s actual results may differ materially from those contained in SVC’s forward looking statements. The information contained in SVC’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in SVC’s periodic reports and other filings, identifies important factors that could cause SVC’s actual results to differ materially from those stated in SVC’s forward looking statements. SVC’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on SVC’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.

The documents provided in this archived section are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued or such earlier date stated in those documents. Except as required by law, Service Properties Trust does not undertake any obligation to update any information contained in these documents. For current information about the company, please refer to our most recent public SEC Filings.

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