Service Properties Trust

Service Properties Trust (Nasdaq: SVC) is a real estate investment trust or REIT with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of March 31 2023 SVC owned 220 hotels with over 37000 guest rooms throughout the United States and in Puerto Rico and Canada the majority of which are extended stay and select service. As of March 31 2023 SVC also owned 765 retail service-focused net lease properties totaling over 13.3 million square feet throughout United States. SVC is managed by The RMR Group (Nasdaq: RMR) an alternative asset management company with over $37 billion in assets under management as of March 31 2023 and more than 35 years of institutional experience in buying selling financing and operating commercial real estate. SVC is headquartered in Newton MA.