Service Properties Trust sells three hotels for USD 19 million
Service Properties Trust (SVC), a US-based real estate investment trust, announced the sale of three hotels for a combined USD 19 million, excluding closing costs. The transaction, completed on October 15, 2026, was disclosed in a regulatory filing with the US Securities and Exchange Commission, classifying it as a significant asset disposition. The company's portfolio includes numerous retail properties and hotels across the United States, Puerto Rico, and Canada.
Sonesta Cuts Jobs as a $2 Billion Bid Puts Many of Its Best Hotels in Play
Sonesta International Hotels has initiated layoffs across various departments following an unsolicited $2 billion bid from TKO for the hotel portfolio of Service Properties Trust, which owns a significant portion of Sonesta. This bid, if accepted, could lead to Sonesta losing 68 of its managed hotels, including many upscale properties, further pushing the company towards a franchise-focused strategy. The uncertainty surrounding the bid and its implications for Sonesta's brand presence and loyalty program remains a key concern.
Three hotels change hands as Service Properties Trust (SVC) completes an agreed sale.
Service Properties Trust (SVC) announced the sale of three hotels on October 15, 2026, for an aggregate price of $19.0 million, excluding closing costs. This transaction was conducted under a pre-existing purchase and sale agreement and is classified as a significant disposition for Form 8-K purposes, although it does not represent a significant portion of a business under Regulation S-X Article 11, meaning no pro forma financial information is required. The details of the sale were reported in an 8-K filing to the SEC.
Service Properties Trust Finalizes $19 Million Sale of Three Hotels
Service Properties Trust (NASDAQ:SVC) has announced the completion of the sale of three hotels for $19.0 million, excluding closing costs. The transaction, finalized on October 15, 2026, was disclosed in a Form 8-K filing on October 19, 2026. Chief Financial Officer Brian E. Donley signed the report, clarifying that while it's a significant disposition, it does not require pro forma financial statements as it's not a disposition of a significant portion of the business.
Service Properties Trust (SVC) stock price, news, quote and history
This page provides a comprehensive overview of Service Properties Trust (SVC), including its current stock price, dividend information, historical data, and financial performance. As of October 16, 2026, SVC closed at $6.15, with an announced cash dividend of $0.05 and an ex-dividend date of October 19, 2026. The company, a REIT focused on service-focused retail net lease properties and hotels, shows significant year-to-date and long-term returns compared to the S&P 500, despite recent stock price declines.
TKO Hotels Calls on Service Properties Trust to Engage on $2.0 Billion All Cash Offer to Acquire Hospitality Portfolio
TKO LLC is urging Service Properties Trust (SVC) to engage in discussions regarding its $2.0 billion all-cash offer to acquire SVC's hospitality portfolio. TKO claims SVC has not provided a meaningful response to its offer, despite public statements about selling its hotel assets. TKO is prepared to demonstrate financial capacity, deposit $50 million into escrow, and participate in a transparent competitive sale process.
B. Riley Securities Maintains Service Properties Trust(SVC.US) With Buy Rating, Cuts Target Price to $11
B. Riley Securities has reiterated its Buy rating for Service Properties Trust (SVC.US) but has adjusted its price target downwards to $11. This revision indicates a maintained positive outlook on the stock's potential despite a lower expected price.
Why big portfolio deals remain elusive
Large portfolio hotel deals remain uncommon despite investor interest and available capital, largely due to a narrowed valuation gap between public and private markets, a limited pool of buyers able to finance such large acquisitions, and investors' preference for individual, targeted assets over entire portfolios. The recent $2 billion bid for Service Properties Trust's hotel portfolio exemplifies these challenges, as evaluating such large deals involves more than just per-key pricing, requiring consideration of earnings potential and significant capital expenditure for older properties.
TKO Bids $2 Billion for Service Properties Trust's Hotels
TKO has made an unsolicited $2 billion cash offer to acquire Service Properties Trust's hospitality portfolio, consisting of 92 hotels with nearly 21,000 rooms. This bid is significant as it exceeds SVC's entire stock market value and caused SVC's stock to jump 14.95% on the news. The offer excludes SVC's retail properties, and TKO, which currently owns 58 properties, did not disclose its financing for the much larger acquisition.
Service Properties Trust (SVC) Stock Price, News, Quote & History
Service Properties Trust (SVC) stock closed at $5.93, with after-hours trading showing a slight dip to $5.82. The company announced a cash dividend of $0.05, with an ex-date of October 19, 2026. SVC, a REIT focused on service-focused retail net lease properties and hotels, has shown significant year-to-date and 1-year returns, outperforming the S&P 500, despite a negative trailing 12-month EPS.
TKO Hotels offers USD 2 billion to acquire Service Properties Trust's hotel portfolio
Hospitality investment firm TKO LLC has proposed an all-cash offer of USD 2 billion to acquire the hotel portfolio of Service Properties Trust, a U.S. REIT. This acquisition would enable Service Properties Trust to significantly reduce its debt by over 40% and allow it to focus on its more stable net-lease business. The deal, if approved, would reshape Service Properties Trust's portfolio by reducing its exposure to the volatile hotel sector.
TKO Makes $2B Offer for Service Properties Trust’s Hotel Portfolio
TKO LLC has made an unsolicited $2 billion cash offer to acquire the hotel portfolio of Service Properties Trust (SVC). SVC's hotel platform includes 93 properties with 21,110 keys. TKO believes this acquisition would provide SVC with immediate liquidity and allow it to focus on its net lease retail platform, while TKO aims to unlock the full potential of these hospitality assets.
Service Properties Trust Gets $2B Bid For Hotel Portfolio
TKO LLC has made an unsolicited $2 billion cash offer for 93 hotels from Service Properties Trust (SVC). This bid, significantly higher than SVC's current market capitalization, could allow SVC to complete its transition to a purely net-leased real estate investment trust, divesting its hotel portfolio to manage debt. However, analysts express skepticism about the deal's completion due to the high cost of exiting existing management agreements and TKO LLC's lack of a public track record in large hotel transactions.
Service Properties Trust (NASDAQ:SVC) Sees Strong Trading Volume - Here's What Happened
Service Properties Trust (NASDAQ:SVC) experienced strong trading volume, with shares falling 14% to $6.585. The company announced a quarterly dividend of $0.05 per share, representing a 3.3% annualized yield. Analyst sentiment is mixed, holding a consensus "Hold" rating and an average price target of $12.05.
TKO offers $2B to buy Service Properties Trust's owned hotels
TKO, a hospitality investment firm, has submitted a formal $2 billion all-cash offer to acquire the entire owned hospitality portfolio of Service Properties Trust (SVC). This transaction aims to provide SVC with immediate liquidity for debt reduction and allow it to focus on its net lease retail platform. SVC confirmed receiving the offer, which is currently under review by its board, and notes that the proposed purchase price exceeds its entire current public market capitalization.
TKO lodges $2 billion bid for Service Properties Trust’s hotel portfolio
Hospitality investment firm TKO has made a formal $2 billion all-cash offer to acquire Service Properties Trust's (SVC) entire portfolio of 93 hotels, comprising 21,110 rooms. This acquisition would provide SVC with immediate liquidity for debt reduction and allow it to focus on its net lease retail platform. TKO believes the offer delivers significant value to SVC shareholders and aims to quickly finalize the transaction.
TKO Hotels Proposes $2 Billion Acquisition Of Service Properties Trust Hotel Portfolio
TKO Hotels has submitted a formal offer to acquire Service Properties Trust's entire hotel portfolio for $2 billion in cash. This acquisition aims to provide SVC with immediate liquidity to reduce debt and allow it to focus on its net lease retail platform. TKO believes the all-cash offer provides certainty and a significant premium, enabling SVC to become a pure-play net lease REIT.
Service Properties Trust Shares Rise After Receiving $2 Billion Offer From TKO Hotels for Its Hospitality Portfolio
Service Properties Trust (SVC) saw its shares increase by 15% after TKO Hotels made a formal offer of $2 billion for its hospitality portfolio. This news led to a significant surge in the company's stock value on Friday. The full details of the MT Newswires article are available to premium subscribers.
Service Properties stock jumps after TKO offers to buy hospitality portfolio for $2B (SVC:NASDAQ)
Service Properties Trust (SVC) shares jumped by 14.95% after TKO LLC proposed to acquire SVC's entire hospitality portfolio for $2.0 billion. The offer was formally submitted by TKO, leading to a significant increase in SVC's stock price on Friday.
Service Properties Trust Confirms Receipt of Unsolicited Proposal for Hotel Portfolio From TKO Hotels
Service Properties Trust (SVC) has confirmed receiving an unsolicited $2.0 billion cash proposal from TKO LLC to acquire its hotel portfolio. The company's Board of Trustees will review the offer to determine the best course of action for SVC and its shareholders. SVC is a real estate investment trust managed by The RMR Group, with investments in retail net lease properties and hotels.
Service Properties Trust Gets A $2 Billion Cash Bid
A hospitality investor, TKO LLC, has offered Service Properties Trust $2 billion in cash for its hotel portfolio, causing the REIT's shares to surge over 15%. This deal would allow Service Properties Trust to pay down over 40% of its debt and shift its focus towards more stable net-lease properties, potentially changing how investors value the company. The proposal still requires negotiation and board approval.
News | Service Properties Trust receives unsolicited $2 billion offer to sell hotel portfolio
Service Properties Trust (SVC) has received an unsolicited all-cash offer of $2 billion from South Dakota-based TKO Hotels to acquire its 92-hotel portfolio. SVC, a REIT that has been divesting hotels since 2019, has transitioned from primarily hotel ownership to a mixed portfolio including net lease retail properties. TKO Hotels aims to "unlock the full potential" of these assets and provide SVC with transaction certainty through its all-cash proposal.
Service Properties Trust (NASDAQ:SVC) Stock Price Up 21.2% After Dividend Announcement
Service Properties Trust (NASDAQ:SVC) saw its stock price jump 21.2% after announcing a quarterly dividend of $0.05 per share, yielding 2.7% annually. The company's stock, heavily owned by institutional investors, last traded at $7.5390, despite a consensus analyst price target of $12.05, indicating potential undervaluation. Analysts currently have a "Hold" rating on the stock, with a mix of Buy, Hold, and Sell recommendations.
TKO Hotels Announces Proposed $2 Billion Acquisition of Service Properties Trust's Hotel Portfolio
TKO Hotels has proposed a $2 billion all-cash acquisition of Service Properties Trust's (SVC) entire hotel portfolio. This move aims to provide SVC with immediate liquidity for debt reduction and allow it to transform into a pure-play net lease REIT. TKO believes the offer delivers significant value to SVC shareholders by crystallizing the hotel portfolio's worth at a premium, while eliminating operational complexity for SVC.
Markets & Stocks - Service Properties Trust Confirms Receipt of Unsolicited Proposal for Hotel Portfolio From TKO Hotels
Service Properties Trust (SVC) announced it has received an unsolicited $2.0 billion cash proposal from TKO LLC to acquire its hotel portfolio. The company had no prior contact with TKO. SVC's Board of Trustees will review the proposal to determine the best course of action for the company and its shareholders.
Service Properties Trust Keeps Quarterly Cash Distribution at $0.05 Per Share, Payable Nov. 12 to Holders Oct. 19
Service Properties Trust (SVC) announced it will maintain its quarterly cash distribution at $0.05 per share. This distribution is payable on November 12, 2026, to shareholders of record as of October 19, 2026. The consistent dividend signals stable financial management by the company.
Service Properties Trust Q2 2026 Earnings Call Transcript
Service Properties Trust (SVC) reported Q2 2026 normalized FFO of $0.43 per share, meeting expectations, and reaffirmed its full-year guidance. The company highlighted strategic progress including enhancing its net lease portfolio, improving hotel cash flows, and reducing debt by redeeming $550 million in unsecured notes, partially funded by a $542 million equity offering. The hotel segment showed strong RevPAR growth and margin improvements, while the net lease portfolio delivered robust NOI growth and stable tenant credit quality.
Service Properties Trust Keeps Quarterly Cash Distribution at $0.05 Per Share, Payable Nov. 12 to Holders Oct. 19
Service Properties Trust announced it will maintain its quarterly cash distribution at $0.05 per common share. The distribution is payable on November 12, 2026, to shareholders of record as of October 19, 2026. This news was published on October 9, 2026, at 5:31 am EDT by MT Newswires.
Service Properties Trust (NASDAQ:SVC) Receives Consensus Rating of "Hold" from Brokerages
Service Properties Trust (NASDAQ:SVC) has received a "Hold" consensus rating from six analysts, with an average 12-month price target of $12.05. Recent analyst actions include B. Riley raising its target to $12.50 with a buy rating, Loop Capital setting a $9.00 target, and Zacks upgrading the stock from "Strong Sell" to "Hold." The company's stock opened at $6.38, near its 52-week low, and pays a quarterly dividend of $0.05, representing a 3.1% annualized yield.
Service Properties Trust raises $500M equity to manage debt, shares drop 39%, upgrades to Hold amid high leverage risks
Service Properties Trust recently raised $500 million in equity to manage impending debt, leading to significant shareholder dilution and a 39% stock price drop. Despite improved hotel operations and increased FFO guidance, per-share FFO remains low due to dilution, and the company still faces high leverage and substantial debt maturing in 2028. An analyst upgraded the stock to 'Hold' as the immediate survival risk has decreased, but refinancing challenges persist, making the Q3 2026 results crucial to watch.
SVC4882930 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the SVC4882930 bond issued by Service Properties Trust. It covers key information such as the issuer type, issue and maturity dates, face value, and the company's business segments. The profile also includes details on interest payments, including the 4.75% semi-annual fixed coupon, and redemption information, though the outstanding amount is listed as $0.00 USD.
SVIE6177262 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the SVIE6177262 bond issued by Service Properties Trust. It outlines key facts such as the issuer type, issue and maturity dates, face value, and minimum denomination. The profile also covers coupon payment schedules, redemption information, and an overview of Service Properties Trust's business.
Lucid Capital Markets initiates Service Properties Trust stock with buy rating
Lucid Capital Markets initiated coverage on Service Properties Trust (SVC) with a Buy rating and a $9.00 price target, representing a potential 41% upside from its current trading price of $6.37. The firm believes SVC is undervalued, citing an InvestingPro Fair Value of $7.42 and a low EBITDA valuation multiple. Service Properties Trust owns a portfolio of 745 net lease retail properties and 93 hotels, and the firm anticipates improved hotel EBITDA margins and positive adjusted funds from operations dividend coverage.
Form 4 Service Properties Trust For: 27 September By Investing.com
This article announces the filing of a Form 4 for Service Properties Trust (SVC) for September 27. It appears to be a standard financial news update from Investing.com, providing information about insider transactions or changes in beneficial ownership. The article includes a stock performance indicator for SVC and was published on September 28, 2026.
SVC4593973 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the Service Properties Trust 4.375% 15-FEB-2030 bond (SVC4593973 FINRA). It covers key facts such as the issuer, issue and maturity dates, face value, and minimum denomination. The bond profile also details the interest payment schedule, including the coupon rate, frequency, and upcoming payout dates, along with information on bond redemption and the outstanding amount.
Service Properties Trust stock falls 3.13 percent on Nasdaq
Service Properties Trust (SVC) stock fell 3.13% to USD 6.53 on Nasdaq on September 23, 2026, despite beating Q2 revenue estimates. The company reported revenue of USD 420.974 million against a consensus of USD 403.53 million, but missed GAAP EPS with a loss of USD 1.75 per share. A new independent trustee, Jeanmarie Cooney, joined the board, increasing board independence to 75%.
Service Properties Trust (SVC) director uses shares to cover vesting taxes
Adam D. Portnoy, a director at Service Properties Trust (SVC), reported the disposition of 6,646 common shares on September 17, 2026, to cover tax liabilities arising from vesting equity, at an effective price of $6.57 per share. Following this transaction, he directly holds 114,933 shares, with additional indirect interests through ABP Trust and The RMR Group LLC. This transaction was a tax-withholding event, not an open market sale.
Service Properties Trust (SVC) CFO has 4,010 shares withheld for taxes
Service Properties Trust (SVC) disclosed that its CFO and Treasurer, Brian E. Donley, had 4,010 common shares withheld on September 17, 2026, to cover tax liabilities from a vesting equity award. The shares were valued at $6.57 each. Following this transaction, Donley directly holds 65,834 common shares, and no Rule 10b5-1 trading plan was reported.
Arizona State Retirement System Makes New Investment in Service Properties Trust $SVC
The Arizona State Retirement System recently acquired 165,193 shares of Service Properties Trust (NASDAQ:SVC) worth approximately $279,000, giving them a 0.13% stake. Other institutional investors have also adjusted their positions in the company, which is 77.62% owned by institutional investors and hedge funds. Analysts have a "Hold" consensus rating for SVC, with a target price of $12.81, and the company recently paid a quarterly dividend of $0.05 per share, yielding 3.1% annually.
Service Properties Trust (SVC) CEO has shares withheld to cover tax bill
Service Properties Trust (SVC) CEO Christopher J. Bilotto had 7,635 common shares, valued at $6.57 per share, withheld on September 17, 2026, to cover tax liabilities associated with a vesting equity award. This transaction is characterized as tax withholding under Rule 16b-3, not an open-market sale, and leaves Bilotto with 102,214 common shares directly. The filing has a neutral impact and sentiment.
Service Properties Trust appoints Jeanmarie Flaherty Cooney as independent trustee
Service Properties Trust (NASDAQ:SVC) has announced the appointment of Jeanmarie Flaherty Cooney as an independent trustee to its board. Ms. Cooney, who previously served on the board of Playa Hotels & Resorts N.V. and as CFO of Wyndham Hotel Group, will join the Audit, Compensation, and Nominating and Governance Committees. Her term will run until the company's 2027 annual meeting of shareholders.
Service Properties Trust appoints Jeanmarie Flaherty Cooney as independent trustee
Service Properties Trust (NASDAQ:SVC) has appointed Jeanmarie Flaherty Cooney as an independent trustee to its board. Ms. Cooney, who previously served on the board of Playa Hotels & Resorts N.V. and held executive roles at Wyndham Worldwide, will join the Audit, Compensation, and Nominating and Governance Committees. This appointment follows the company's recent Q2 earnings, which showed revenue exceeding expectations but a significant GAAP earnings loss.
Service Properties Trust Elects Hospitality Executive Jeanmarie Cooney as Independent Trustee
Service Properties Trust (SVC) has announced the election of Jeanmarie Cooney as an Independent Trustee, expanding its board to eight members, with 75% being independent. Ms. Cooney brings extensive hospitality experience, having served on the board of Playa Hotels & Resorts N.V. and as EVP and CFO for Wyndham Hotel Group. This appointment is part of SVC's strategy to strengthen its strategic oversight and improve the performance of its hotel portfolio.
Service Properties Trust (SVC) director reports no share holdings
Service Properties Trust (SVC) announced that Jeanmarie Cooney, a newly appointed director, has filed an initial Form 3, which is an initial statement of beneficial ownership. The filing indicates that Cooney currently holds no reportable securities or transactions in the company. This Form 3 establishes her reporting status as an insider but does not show any ownership at this time.
Donley Brian E. Increases Service Properties Trust (NASDAQ: SVC) Holdings to 69,844 Shares Following 29,112 Share Award
Donley Brian E., CFO and Treasurer of Service Properties Trust (NASDAQ: SVC), increased his holdings to 69,844 shares after receiving an award of 29,112 shares on September 10, 2026. This share award, categorized under code A, represents approximately 41.7% of his total post-award holdings, providing clear insight into the transaction's significance relative to his ownership.
Service Properties Trust Director Adam D. Portnoy Awarded 36,390 Shares, Increasing Stake by 29.9%
Adam D. Portnoy, a director at Service Properties Trust, was awarded 36,390 shares on September 10, 2026. This transaction, classified under code A, increased his total holdings to 121,579 shares. The new shares represent approximately 29.9% of his updated stake in the company.
Service Properties Trust (NASDAQ:SVC) Receives Consensus Rating of "Hold" from Brokerages
Service Properties Trust (NASDAQ:SVC) has received a consensus "Hold" rating from six brokerages, with an average 12-month price target of $12.81. The stock opened at $7.11 and is trading below its 50-day and 200-day moving averages. The company recently increased its quarterly dividend to $0.05 per share, resulting in an annualized payout of $0.20 and a 2.8% yield.
Public Employees Retirement System of Ohio Makes New Investment in Service Properties Trust $SVC
The Public Employees Retirement System of Ohio has acquired 682,291 shares of Service Properties Trust (NASDAQ:SVC) worth approximately $1.15 million, making it a new stakeholder in the REIT. Institutional investors now collectively own 77.62% of the company. Service Properties Trust pays a quarterly dividend of $0.05 per share, yielding 2.7% annually, and has an average analyst rating of "Hold" with a target price of $12.81.
Headlands Technologies LLC Makes New $543,000 Investment in Service Properties Trust $SVC
Headlands Technologies LLC has acquired a new stake of 321,399 shares in Service Properties Trust (NASDAQ:SVC) during the second quarter, valued at approximately $543,000. This investment represents about 0.25% ownership of the real estate investment trust. Service Properties Trust recently traded at $7.66, maintains a quarterly dividend of $0.05 per share, and has an average analyst rating of "Hold" with a consensus price target of $12.81.
Service Properties Trust (NASDAQ:SVC) Stock Price Passes Below Fifty Day Moving Average - Time to Sell?
Service Properties Trust (NASDAQ:SVC) shares recently dropped below their 50-day moving average, trading at $7.64 compared to the average of $8.35. The real estate investment trust currently holds an average analyst rating of "Hold" with a target price of $12.81, and it pays a quarterly dividend of $0.05, yielding 2.6%. A significant 77.62% of outstanding shares are owned by institutional investors and hedge funds.
