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 > News

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Comment by StevenA1on Jan 08, 2014 10:11am

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Post# 22069147

RE:RE:News

They did the PR because the order just came in yesterday and they did not want to change the scripted year end press release to add this news. It also has a much greater impact vs. burying this news in the year end release. Good news all around and will go a long way to make investors feel good about Q1 and 2014. The $10Million is also for very high margin software products - good for the bottom line. Bullish tone for 2014! SA1

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