Market Capitalization (Millions $) |
309 |
Shares
Outstanding (Millions) |
165 |
Employees |
108 |
Revenues (TTM) (Millions $) |
1,897 |
Net Income (TTM) (Millions $) |
-276 |
Cash Flow (TTM) (Millions $) |
-40 |
Capital Exp. (TTM) (Millions $) |
304 |
Service Properties Trust
Service Properties Trust is a U.S. based real estate investment trust (REIT) that owns and manages a diverse portfolio of properties primarily focused on the hospitality and healthcare industries. The company was founded in 1995 and is headquartered in Newton, Massachusetts.
The company's portfolio includes a variety of properties such as hotels, senior living communities, and medical office buildings. As of 2021, Service Properties Trust owns over 300 properties in the United States and Canada, totaling over 90 million square feet of real estate.
Service Properties Trust's portfolio is mainly focused on the hospitality industry, with over 150 hotels and resorts located throughout the United States and Canada. These include well-known brands such as Marriott, Hilton, Intercontinental, and Hyatt. The company also operates a number of travel centers, which offer various amenities such as fuel, food, and lodging for travelers.
In addition to the hospitality industry, Service Properties Trust owns and operates senior living communities and healthcare properties, including medical office buildings and clinics. The company's senior living communities offer various levels of care, from independent living to assisted living and memory care.
Service Properties Trust's business model is primarily based on long-term leases with its tenants, which provide consistent cash flows for the company. These leases typically have initial terms of 10 to 25 years, with rent increases built in over time.
Overall, Service Properties Trust is a major player in the U.S. real estate industry, with a diverse portfolio of properties and a focus on long-term lease agreements with its tenants. The company's expertise in the hospitality and healthcare industries has allowed it to build a strong reputation as a reliable and trustworthy partner in the commercial real estate market.
Company Address: Two Newton Place Newton 2458 MA
Company Phone Number: 964-8389 Stock Exchange / Ticker: NASDAQ SVC
|