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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 Kings_kidon May 26, 2013 10:28pm
232 Views
Post# 21444382

RE: What's it gonna take

RE: What's it gonna take

 

To be honest at this point I don’t mind this trading range, SVC has shown great consolidation at this price range.   It’s showing great stability and it’s my belief that it is getting close to ready for the next leg up.  As it was mentioned before it could be the earnings in July that is the real trigger, however I’m still expecting something big to come from their business with IBM as well.   The other thing is SVC is constantly at trade shows in emerging markets drumming up new business, who know what is on the horizon.  It’s my belief that SVC is showing good solid consistent trading at this point but the next leg up when it comes will be a strong one!

Bullboard Posts