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Safehold SAFE Hotel Operations — Number Of Hotel Properties

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Service Properties Trust logo
SVCHotels — Hotel operating revenues
$320.07M-20.9%
PK
PKCore Hotels — Hotel Adjusted EBITDA
$182M+9.6%
PK
PKNon-Core Hotels — Hotel Adjusted EBITDA
$26M+4.0%
PK
PKNumber of hotel portfolio properties sold
$2
PK
PKNumber of hotel portfolio properties sold
2
SHO
SHOHotel Owned — Number Of Hotels Managed By Third Party Manager
14-6.7%

Other financials

Income statement

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Revenue$110.9M+13.5%
Gross profit$109.5M+13.5%
Operating income$25.5M+1.0%
Net income$28.9M-1.7%
EPS (diluted)$0.40-2.4%

Balance sheet

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Cash & equivalents$19.3M+11.6%
Total debt$4.7B+8.1%
Total equity$2.4B+3.3%
Total assets$7.4B+6.5%

Cash flow

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Operating cash flow-$8.6M-197%

Valuation

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Market cap$1.15B+14.8%
Enterprise value$5.84B+7.2%
P/E10.1×+0.3×
P/S2.9×+0.2×

Profitability

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Gross margin98.8%-0.1pp
Operating margin25.4%+1.6pp
Net margin28.6%+0.4pp
FCF margin-13.2%

Returns & leverage

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Return on equity4.8%+0.3pp
Debt / equity1.9×+0.1×

Where this comes from

Reported directly by Safehold in its filing.

Tagged under the XBRL concept safe:NumberOfHotelProperties.

The source filing: Safehold’s 10-Q, filed May 1, 2026.

Filed
Apr 30, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001095651-26-000017

Additionally, from time to time the Company may own and operate commercial properties that revert to it, as occurred on January 1, 2026 when the Company became responsible for operating two hotel properties following the expiration of a master lease, which is reflected in the Company’s Hotel Operations segment.

Item 1. Financial Statements

FAQ

What is Safehold's hotel operations — number of hotel properties?
Safehold (SAFE) reported hotel operations — number of hotel properties of 2 in Q1 2026.
What does hotel operations — number of hotel properties mean?
This metric represents the total count of physical hotel properties owned or managed within the hotel operations segment. It serves as a primary indicator of the scale and geographic footprint of the company's hospitality portfolio. Tracking this figure helps investors assess the company's growth strategy and asset concentration in the lodging sector.

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