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.

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Service Properties Trust > Procera: We Displaced Competition in 3 Tier1 Accounts

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Comment by StevenA1on May 02, 2014 11:29am

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Post# 22517682

RE:RE:Procera: We Displaced Competition in 3 Tier1 Accounts

If you look a little closer you see that revenue from Q1 was lower than last years revenue from Q1. Another big negative is bookings were much smaller than billings meaning they did not get a lot of business for Q2 revenue. Not a positive quarter for this company.

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