Trade Service Properties Trust - SVC CFD

Service Properties Company profile

About Service Properties Trust

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 303 hotels with approximately 48,346 rooms or suites located in over 38 states, Washington District of Columbia (D.C.), Ontario, Canada and Puerto Rico. Its net lease portfolio owned approximately 788 service-oriented retail properties with over 13,522,060 square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 174 tenants, which is operating approximately 134 brands in over 21 distinct 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.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Service Properties Trust revenues increased 18% to $1.5B. Net loss increased 75% to $544.6M. Revenues reflect Hotels segment increase of 26% to $1.11B, Occupancy -Country Inn and Suites increase of 93% to 50%, ADR -Royal Sonesta increase of 16% to $190. Higher net loss reflects Acquisition and transaction related cost increase from $0K to $64.8M (expense).

Equity composition

Common Stock $.01 Par, 05/11, 150M auth., 123,444,235 issd. Insiders own 1.97%. IPO 8/95, 7.5M shares @ $25 by Donaldson Lufkin & Jenrette. Sr. B Cum. Rdmbl. Preferred Stock no Par, 3,450,000 issd. PO: 12/18/06, 12M shs. @ $47.51 per share by Merrill Lynch & Co. PO: 2/07, 12M shs. @ $25 per unit by UBS Invt. Bank, Merrill Lynch & Co.