Service Properties Trust T.SVC

Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.

NDAQ:SVC - Post by User

Service Properties Trust > The Market Will Look Forward :)

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Post by 1hot-techwomanon Sep 10, 2014 6:57am

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The Market Will Look Forward :)

They always do!! Larger Opportunties to close in Q4 :)

"Our results this quarter highlight the challenges related to the timing of closing larger opportunities. There were a couple opportunities that we expected to close in the quarter that did not materialize as quickly as expected, which is disappointing, but we do anticipate closing them in Q4," said Dave Caputo, President and Chief Executive Officer, Sandvine. "We continue to be very excited about Sandvine's prospects in 2014 and believe that the market will continue to grow."

Happy Trading :)

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