Service Properties Trust Completed 66 Hotel Sales For ~$534M in Gross Proceeds During Fourth Quarter to Date

Benzinga · 1d ago

During the 2025 fourth quarter to date, SVC has closed on the sales of 66 hotels with a total of 8,294 keys for aggregate gross proceeds of approximately $534 million. Year to date, SVC has sold 112 hotels with a total of 14,631 keys for aggregate gross proceeds of approximately $859 million. SVC remains under agreement to sell two additional hotels for a total sales price of approximately $12 million, and expects to complete one of those sales by year end and the other in January 2026.

An agreement for the sale of seven focused-service hotels totaling 890 keys for a total sales price of approximately $88 million has been terminated and SVC is evaluating sale alternatives for these hotels. Additionally, SVC intends to initiate marketing efforts in early 2026 to sell seven full-service hotels totaling 2,010 keys for projected gross proceeds of $90 million to $110 million.