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

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Comment by yettaon Oct 07, 2010 11:30am

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Post# 17540349

RE: RE: Conference call

You're welcome! Too bad they didn't report on Tuesday with the markets way up that day. We would have seen a bigger pop, I think. But no complaints. Back over $2 on big volume. Hopefully, we can stay there. Probably some "sell on news" going on too.

Amazingly, Canaccord is still a big buyer, like they want to become a major shareholder or something. Their analyst was on the call and offered his congratulations (and probably breathed a huge sigh of relief too!) But this stock really does seem to me now like a no-brainer to hold. Right space. Right time. Thinking about picking up more shares.

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