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Service Properties Trust Reports Q4 2024 Financial Results

Service Properties Trust Reports Q4 2024 Financial Results

Service Properties Trust ( (SVC) ) has released its Q4 earnings. Here is a breakdown of the information Service Properties Trust presented to its investors.

Service Properties Trust (SVC) is a real estate investment trust specializing in hotels and service-focused retail net lease properties, with significant investments across the United States, Puerto Rico, and Canada. The company recently released its fourth quarter 2024 financial results, highlighting its continued operations and asset management. SVC reported ownership of 206 hotels with over 35,000 guest rooms and 742 service-focused retail net lease properties, covering over 13.2 million square feet. Managed by The RMR Group, SVC maintains a robust portfolio valued at over $11 billion. Looking ahead, the company remains focused on optimizing its asset management strategies and enhancing shareholder value.

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