tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Service Properties Sells Three Hotels for $29 Million

Story Highlights
Service Properties Sells Three Hotels for $29 Million

Meet Your ETF AI Analyst

An update from Service Properties ( (SVC) ) is now available.

On October 29, 2025, Service Properties Trust (SVC) sold three hotels totaling 390 keys for $29.0 million as part of a larger agreement to sell 113 hotels. To date, SVC has sold 44 hotels for $345.8 million and plans to sell the remaining 69 hotels by the end of 2025. The proceeds from these sales are expected to be used to repay debt, impacting SVC’s financial strategy and potentially improving its debt position.

The most recent analyst rating on (SVC) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Service Properties stock, see the SVC Stock Forecast page.

Spark’s Take on SVC Stock

According to Spark, TipRanks’ AI Analyst, SVC is a Neutral.

Service Properties Trust faces significant financial and operational challenges. The most impactful factors are the negative financial performance and bearish technical indicators, which are compounded by valuation concerns. While there are some positive developments in asset dispositions and acquisitions, these are overshadowed by financial pressures and risks.

To see Spark’s full report on SVC stock, click here.

More about Service Properties

Average Trading Volume: 1,332,970

Technical Sentiment Signal: Strong Sell

Current Market Cap: $347.1M

See more insights into SVC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1