Governance
Proper corporate governance is important to Service Properties Trust. We have an eight member Board of Trustees, of which six are Independent Trustees. There are three standing Committees of the Board: an Audit Committee, a Compensation Committee and a Nominating and Governance Committee. Our three standing Board Committees are comprised solely of Independent Trustees. The Board’s Audit Committee currently has a qualified Audit Committee "financial expert" as defined by SEC rules.
Corporate Governance Documents
The Board has adopted Governance Guidelines and Committee Charters for each of its three standing Board Committees.
All of SVC’s Trustees, officers and personnel are subject to a Code of Business Conduct and Ethics.
We also have a Governance Hotline that allows users to report concerns or complaints about accounting, internal accounting controls or auditing matters and any violations or possible violations of SVC’s Code of Business Conduct and Ethics.
We also have a Business Partners’ Code of Conduct, an Employee Health and Wellness Policy, a Human Rights Policy and a Philanthropy Policy.