Service Properties Trust Completes Hotel Property Acquisition

TL;DR

SVC just bought 14 hotels, expanding its real estate game.

AI Summary

Service Properties Trust (SVC) announced the completion of its acquisition of 14 hotel properties on September 18, 2025. The acquisition was funded through a combination of cash and the assumption of debt. This strategic move is expected to enhance SVC's portfolio and operational capabilities.

Why It Matters

This acquisition expands Service Properties Trust's real estate portfolio, potentially increasing rental income and diversifying its holdings in the hospitality sector.

Risk Assessment

Risk Level: medium — Acquisitions carry inherent risks related to integration, market conditions, and financing, which could impact the company's financial performance.

Key Numbers

• 14 — Acquired Properties (Number of hotel properties acquired)

Key Players & Entities

• Service Properties Trust (company) — Registrant
• 14 hotel properties (asset) — Acquired assets
• September 18, 2025 (date) — Acquisition completion date
• Maryland (jurisdiction) — State of incorporation
• The RMR Group (company) — Administrative agent

FAQ

Key Financial Figures

• $26.5 m — ee states for a combined sales price of $26.5 million, excluding closing costs, or the
• $913.3 m — ,803 keys for a combined sales price of $913.3 million, excluding closing costs, or the
• $20.3 m — ur states for a combined sales price of $20.3 million, excluding closing costs, or the
• $135.7 m — ,767 keys for a combined sales price of $135.7 million, excluding closing costs, and SVC
• $777.6 m — ,036 keys for a combined sales price of $777.6 million, excluding closing costs. The rem

Filing Documents

• svc-20250918.htm (8-K) — 37KB
• exhibit991.htm (EX-99.1) — 160KB
• exhibit992.htm (EX-99.2) — 161KB
• 0000945394-25-000072.txt ( ) — 504KB
• svc-20250918.xsd (EX-101.SCH) — 2KB
• svc-20250918_lab.xml (EX-101.LAB) — 23KB
• svc-20250918_pre.xml (EX-101.PRE) — 13KB
• svc-20250918_htm.xml (XML) — 3KB

01. Completion of Acquisition or Disposition of Assets

Item 2.01. Completion of Acquisition or Disposition of Assets. On September 18, 2025 , SVC sold three hotels with a total of 413 keys located in three states for a combined sales price of $26.5 million, excluding closing costs, or the First Significant Disposition, pursuant to one of the agreements that SVC previously entered into to sell 113 hotels with a total of 14,803 keys for a combined sales price of $913.3 million, excluding closing costs, or the Sale Hotels. On September 18, 2025, SVC also sold eight hotels with a total of 1,041 keys located in four states for a combined sales price of $20.3 million, excluding closing costs, or the Second Significant Disposition, pursuant to another agreement that SVC previously entered into for the Sale Hotels. To date, SVC has sold 20 of the Sale Hotels with a total of 2,767 keys for a combined sales price of $135.7 million, excluding closing costs, and SVC remains under agreement to sell 93 Sale Hotels with a total of 12,036 keys for a combined sales price of $777.6 million, excluding closing costs. The remaining 93 Sale Hotels with be sold in phases, expected to be completed by the end of 2025. As previously disclosed, SVC expects to use the proceeds from the sales of the Sale Hotels to repay debt, including a portion of the outstanding borrowings under its revolving credit facility. The hotel sales SVC has completed to date pursuant to two of the agreements for the Sale Hotels constitute significant dispositions for purposes of Item 2.01 of Form 8-K. Accordingly, pro forma financial information required by Item 9.01 of Form 8-K is included for the First Significant Disposition and Second Significant Disposition as Exhibits 99.1 and 99.2, respectively, to this Current Report on Form 8-K. Warning Concerning Forward-Looking Statements This Current Report on Form 8-K contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other sec

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (b) Pro Forma Financial Information. SVC's unaudited pro forma condensed consolidated balance sheet as of June 30, 2025 and SVC's unaudited pro forma condensed consolidated statements of loss for the year ended December 31, 2024 and for the six months ended June 30, 2025 , and the notes related thereto, are filed as Exhibits 99.1 (with respect to the First Significant Disposition) and 99.2 (with respect to the Second Significant Disposition) to this Current Report on Form 8-K and are incorporated by reference herein. These unaudited pro forma condensed consolidated financial statements reflect SVC's financial position as if the sales of these hotels were completed as of June 30, 2025 and SVC's results of operations as if the sales of these hotels were completed as of January 1, 2024, provided, however, that Exhibit 99.1 does not reflect the Second Significant Disposition and Exhibit 99.2 does not reflect the First Significant Disposition . These unaudited pro forma condensed consolidated financial statements are not necessarily indicative of SVC's expected financial position or results of operations for any future period. 2 Differences could result from numerous factors, including future changes in SVC's portfolio of investments, capital structure, property level operating expenses and revenues, including returns received from SVC's hotels or rents expected to be received pursuant to SVC's existing leases or leases SVC may enter into, changes in interest rates and other reasons. Actual future results are likely to be different from amounts presented in these unaudited pro forma condensed consolidated financial statements and such differences may be significant. (d) Exhibits. 99.1 Unaudited Pro Forma Condensed Consolidated Financial Statements (First Significant Disposition). (Filed herewith.) 99.2 Unaudited Pro Forma Condensed Consolidated Financial Statements (Second Significant Disposition). (Filed her

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SERVICE PROPERTIES TRUST By: /s/ Brian E. Donley Name: Brian E. Donley Title: Chief Financial Officer and Treasurer Dated: September 24, 2025 4

View Full Filing

View this 8-K filing on SEC EDGAR