Service Properties Trust Announces Sale of 121 Hotels for $959 Million to Strengthen Balance Sheet

Reuters

Oct 06

<a href="https://laohu8.com/S/SVC">Service Properties Trust</a> Announces Sale of 121 Hotels for $959 Million to Strengthen Balance Sheet

Service Properties Trust (Nasdaq: SVC) announced it is advancing its plan to sell 113 Sonesta-branded hotels, totaling 14,803 keys, for approximately $913 million. As of the third quarter of 2025, SVC completed the sale of 38 hotels for $279 million and expects to close the remaining sales in the fourth quarter for $634 million. In total, SVC is on track to sell 121 hotels, generating around $959 million in gross proceeds in 2025 as part of its strategy to strengthen its balance sheet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Service Properties Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20251005861030) on October 06, 2025, and is solely responsible for the information contained therein.

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ID: 20251005861030) on October 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SVC","symbol_name":"Service Properties Trust","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251006:nNDL3W7bvk:1","article_id":"2573282674","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2573282674","pubTimestamp":1759752090,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Service Properties Trust  announced it is advancing its plan to sell 113 Sonesta-branded hotels, totaling 14,803 keys, for approximately $913 million. As of the third quarter of 2025, SVC completed the sale of 38 hotels for $279 million and expects to close the remaining sales in the fourth quarter for $634 million. In total, SVC is on track to sell 121 hotels, generating around $959 million in gross proceeds in 2025 as part of its strategy to strengthen its balance sheet.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Service Properties Trust published the original content used to generate this news brief via Business Wire  on October 06, 2025, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SVC":"Service Properties Trust","BK4181":"酒店及度假村房地产投资信托","BK4218":"酒店及度假村房地产信托"},"translate_title":"Service Properties Trust宣布以9.59亿美元出售121家酒店以加强资产负债表","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SVC":0.9},"content_text":"Service Properties Trust Announces Sale of 121 Hotels for $959 Million to Strengthen Balance Sheet\n    \n\n        Service Properties Trust (Nasdaq: SVC) announced it is advancing its plan to sell 113 Sonesta-branded hotels, totaling 14,803 keys, for approximately $913 million. 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