Service Properties Trust plans to sell 77 hotels by end-2028
Service Properties Trust (SVC) plans to begin selling 77 retained hotels in 2027 and sell substantially all of them by end-2028, while cutting leverage.
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what happened
Service Properties Trust (SVC) said it will start selling the 77 hotels it still holds in 2027, aiming to dispose of nearly all of them by the end of 2028. The company also intends to bring leverage down to no more than 5x net debt to Adjusted EBITDA. According to a press release distributed by BusinessWire and reported by TradingView, the plan follows the Board's announced transition to a new model.
why it matters
Hotel sales are central to the shift toward a pure-play triple net lease REIT, but timing and proceeds remain uncertain. Investors will watch execution, buyer demand, hotel-market conditions and whether asset sales deliver the targeted debt reduction.
market impact
Hotel REITs and SVC shares: asset sales reshape the portfolio and debt load over several years
tags
instruments
sources
- Service Properties Trust (SVC) Plans to Sell 77 Hotels by End-2028 — TradingView, 13 November 2026 at 23:01 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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