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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
Comment by caramel55on Jan 06, 2011 10:56pm
316 Views
Post# 17936720

RE: RE: RE: CIBC upgrade today

RE: RE: RE: CIBC upgrade todaythanks TG.  Was hoping it was a lengthy research report from CIBC, kinda like some of the TD research reports that have been posted on here on occasion.  At $4, I'm guessing they're expecting $28-$30M in revenues per quarter in 2011 so b/w $112-$120M for all of 2011 which would only be about a 20-25% increase from expected 2011 revenues. Looks like a safe & conservative estimate imo.
Bullboard Posts