Service Properties Trust reported a net loss of $223.8 million, or $1.75 per share, for the quarter ended June 30, 2026, driven by an $189.1 million impairment loss on hotels marketed for sale. The company generated Normalized FFO of $0.43 per share and Adjusted EBITDAre of $145.8 million. Net lease NOI increased 1.4% year-over-year to $94.9 million with 96.6% occupancy, while retained hotel RevPAR rose 6.6% to $134.53. SVC raised $541.8 million in a common share offering and used proceeds to redeem $550 million of senior notes, leaving no revolving credit facility borrowings as of August 5, 2026. The company declared a quarterly distribution of $0.05 per share, payable on or about August 13, 2026, to shareholders of record as of July 20, 2026. Service Properties Trust is a real estate investment trust that owns service-focused retail net lease properties and hotels.

Service Properties Trust effected a 1-for-5 reverse stock split of its common shares of beneficial interest, reducing the outstanding shares from approximately 647.64 million to approximately 129.53 million. The split effective date was July 6, 2026. Service Properties Trust is a real estate investment trust that manages properties such as hotels and shopping centers.

At its annual meeting on June 11, 2026, Service Properties Trust shareholders approved the Third Amended and Restated 2012 Equity Compensation Plan. This plan increases the total number of common shares of beneficial interest available for grant by 4,000,000 and extends the plan's term until June 11, 2036. Additionally, shareholders elected seven Trustees to one-year terms, approved a non-binding advisory resolution on executive compensation, and ratified Deloitte & Touche LLP as independent auditors for the 2026 fiscal year. Service Properties Trust is a real estate investment trust that operates in the retail and hospitality sectors.