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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

Post by bgdickon Dec 19, 2016 2:00pm
233 Views
Post# 25620409

Cable side tumbled 60%

Cable side tumbled 60%Cable companies have out priced themselves from the market. Subscribers have been dropping cable in huge numbers, therefore business from cable companies is dropping at an enormous rate. Dave and the boys saw this coming from that sector years ago and have made adjustments to their business profile. What they didn't see is the enormity of the drop ,or it's rapid progression. It's going to take time to fill the gap the cable departure is going to leave. It is a gap that will need filling before revenues are adequate to increase dividends. Just because we all want a bigger payout doesn't mean Dave can grant us our wishes. 
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