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 > Purchase of Procera

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Comment by dits75on Feb 11, 2015 1:33pm

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Post# 23418809

RE:RE:RE:Purchase of Procera

I would welcome a Procera purchase and the numbers you throw around sound reasonable - as for those who worry about margins and their business - the margins are lower because they do no make their own hardware - they use off the shelf hardware
Also as for their business this is first year they have no grown which is why they are getting the bad press recently...5 years ago their revenue was <$5 million a year .... now its ~$75 million...
Funny how just 2 years ago the bulletin boards at PKT were saying how SVC was dead now its other way around.....

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Loblaw, George Weston to pay $500M in bread price-fixing scheme