Portfolio Overview(1)

Key Metrics(1)
Hotel 328
Net Lease 946
Total Properties 1,274
Tenants/ Operators 286
Brands 185
Industries 24
States 48

SVC’s geographically diverse portfolio of hotel and service focused net lease properties is located in 48 states, Puerto Rico and Canada. Our hotels range from midscale to upscale select service and extended stay hotels and upscale to luxury full service hotels and are typically located in urban or high density suburban locations generally intended to be convenient for business travelers.

Our service focused net lease properties are well located and include tenants and industries that we believe benefit from solid demand drivers and are internet resistant. Substantially all our travel centers are full service, are located on or near an interstate highway and offer fuel and non-fuel products and services for professional truck drivers and motorists.

Portfolio Composition by Property Type(1)

State % of Total Annualized Minimum Rents and Returns % Hotel % Net Lease Total Property Count Hotel Count Net Lease Count
1 CA 11.1% 8.8% 2.3% 58 36 22
2 TX 8.4% 5.0% 3.4% 105 36 69
3 IL 6.4% 3.4% 3.0% 87 16 71
4 GA 6.3% 4.2% 2.2% 104 23 81
5 OH 4.0% 1.3% 2.7% 60 11 49
6 FL 4.0% 2.4% 1.6% 68 14 54
7 AZ 3.7% 1.9% 1.7% 44 15 29
8 MA 3.3% 2.8% 0.5% 15 14 1
9 PA 3.3% 1.7% 1.5% 42 10 32
10 NJ 3.2% 2.6% 0.6% 20 15 5
Other 46.3% 24.9% 21.5% 671 138 533
Total 100% 59% 41% 1,274 328 946

Portfolio Composition by Industry(1)

  Industry Number of Properties % of Annualized Minimum
Returns and Rents
Coverage
1 Hotels 328 59.0% 0.87x
2 Travel Centers 182 24.4% 1.85x
3 Restaurants – Quick Service 301 2.5% 2.27x
4 Movie Theaters 29 2.3% 1.51x
5 Restaurants – Casual Dining 87 1.9% 2.56x
6 Health and Fitness 17 1.2% 2.40x
7 Miscellaneous Retail 21 1.0% 3.49x
8 Medical/Dental Office 79 0.9% 4.98x
9 Automotive Parts and Service 73 0.9% 2.75x
10 Grocery 19 0.8% 2.99x
Other 138 5.1% 3.58x
Total   1,274 100% 1.44x
(1)   All data as of September 30, 2019.

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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