SERVICE PROPERTIES TRUST (SVC)
Real Estate · Net lease and hotel REITs · NASDAQ
A struggling REIT managing a diversified portfolio of net lease retail properties and hotels while aggressively disposing of underperforming hotel assets to rebalance toward higher-value net lease businesses.
What SERVICE PROPERTIES TRUST does
Service Properties Trust is a Maryland-formed REIT that owns and operates a diversified real estate portfolio consisting of 760 net lease retail properties and 94 hotels. The net lease portfolio spans service-focused and necessity-based businesses across 42 states, including travel centers, quick-service restaurants, health and fitness centers, and automotive services, generating rental income. The hotel portfolio comprises 21,243 rooms across 31 states plus Canada and Puerto Rico, with the company actively managing both segments through portfolio rebalancing, tenant credit monitoring, and asset optimization strategies.
Themes: ["Net lease real estate","Hotel REIT / hospitality real estate","Necessity-based retail properties","Travel center and restaurant real estate","Portfolio rebalancing / asset recycling"]
Fundamentals
- Price$8.75 as of 2026-07-09 close
- Market cap$1.1B as of 2026-07-10
- 1-year return-33.3% as of 2026-07-09 close
- Net margin-13.6% as of 2026-07-10
- Gross margin+33.3% as of 2026-07-10
- ROE-38.2% as of 2026-07-10
- Debt / equity10.30 as of 2026-07-10
- Revenue growth (YoY)-8.0% as of 2026-07-10
- Revenue CAGR (3y)-0.9% SEC XBRL
- Beta1.64 as of 2026-07-10
Dividend: yield +2.3%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Significant asset impairment losses (Q1 2026: $28.1M impairment charge) and declining hotel portfolio performance requiring active dispositions","Negative net margin (-13.59%) and sustained unprofitability with Q1 2026 net loss of $151.2M, including $51.9M loss on early debt extinguishment","Tenant credit risk and lease renewal dependency in net lease portfolio; heavy concentration in TravelCenters of America ($180.3M annualized rent) and Petro Stopping Centers ($83.9M annualized rent)"]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.