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Service Properties Trust T.SVC


Primary Symbol: SVC

Real Estate REIT - Diversified
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 crapheadon Oct 28, 2010 7:05pm
346 Views
Post# 17627118

RE: employment up drastically - thoughts?

RE: employment up drastically - thoughts?The agreement for the Cdn government incentive had specific targets for new hires in order for the credits to be realized.  If the hiring targets were not met - no incentive.  This is most certain to be in the back of their minds - although I do not think it is a driving force behind the hires.  I think the agreement with the government was all very timely.
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Dealroom for high-potential pre-IPO opportunities