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Service Properties Trust releases investor presentation outlining shift toward majority net lease REIT

PUBT·06/01/2026 20:20:32
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Service Properties Trust releases investor presentation outlining shift toward majority net lease REIT
  • Service Properties Trust outlined a shift toward a majority net lease REIT, with 761 net lease properties producing $392 million annualized minimum rent.
  • Retained hotel portfolio totals 93 properties with 21,110 keys; 2026 guidance calls for hotel EBITDA of $124 million-$144 million.
  • 2026 guidance maintained for adjusted EBITDAre of $500 million-$520 million; normalized FFO of $124 million-$144 million on 526 million weighted-average shares.
  • Turnaround plan targets free cash flow generation; projected CAD as adjusted of $95 million, with recurring CapEx estimated at $80 million.
  • 2026 capital actions highlighted $745 million five-year net lease mortgage notes at 5.96%, $542 million equity proceeds, debt redemptions with $59 million interest savings.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Service Properties Trust published the original content used to generate this news brief on June 01, 2026, and is solely responsible for the information contained therein.