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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

Bullboard Posts
Post by yettaon Apr 19, 2010 5:02pm
336 Views
Post# 17008318

$2.20 Close!

$2.20 Close!Best closing price since March 5, 2008!!! That's when their business started to hit the skids. But the last 1/4's revenue is right back up to when $VC was at it's all-time highs. They must continue to grow their net income 1/4 after 1/4 to get back to that Sep 20, 2007 evaluation of $7.10.

Caputo was extremely articulate and clear today in his brief 8 minutes of BNN air time in explaining that $VC is THE leader in their field and their services are needed more than ever before and demand will only get stronger. I also liked how he explained that the business today is way more diversified than in the past and that what $VC does is extremely complicated, thus limiting the number of competitors who can do what they do!

Can't wait to see next quarter's results!!!   :-)
Bullboard Posts