Service Properties Trust announced its financial results for the quarter ended December 31, 2023.
SVC is a real estate investment trust with over $11 billion invested in hotels and service-focused retail net lease properties.
As of December 31, 2023, SVC owned 221 hotels with over 37,000 guest rooms throughout the United States, Puerto Rico, and Canada.
As of December 31, 2023, SVC also owned 752 service-focused retail net lease properties totaling approximately 13.3 million square feet throughout the United States.
SVC is managed by The RMR Group, a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023.
Analyze how earnings announcements historically affect stock price performance