Service Properties Trust completed the sale of three hotels for a total of $19.0 million on October 15, 2026. The transaction, which excludes closing costs, was executed under a purchase and sale agreement the company had previously entered. In a current report filed with the Securities and Exchange Commission, the Maryland-based company identified the sale as a significant disposition of assets.
The filing, signed by Brian E. Donley, the company's Chief Financial Officer and Treasurer, noted that the disposed hotels do not represent a significant portion of the business under Regulation S-X. Consequently, the report did not include pro forma financial information related to the transaction. Service Properties Trust, which trades under the symbol SVC on The Nasdaq Stock Market LLC, is headquartered at Two Newton Place in Newton, Massachusetts.