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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

Comment by StevenA1on Nov 03, 2013 7:16am
279 Views
Post# 21871896

RE:Please confirm...

RE:Please confirm...
Confirmed.
$88Million last year
9 months of 2013 = $76Million
Need and extra $22Million to grow at 25% - $88 + $22 = $$110Million for the year
So Q4 must be at least $34Million
The bar is set for the year. It would be a big profitable quarter PE = 6 cents
glta
SA1


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