Service Properties Trust SVC Occupancy and equipment
Occupancy and equipment at other companies
Other financials
Where this comes from
Reported directly by Service Properties Trust in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseExpense.
The source filing: Service Properties Trust’s 10-K, filed February 25, 2026.
- Filed
- Feb 25, 2026, 4:38 PM EST
- Fiscal year
- FY2025
- Accession
- 0000945394-26-000012
At December 31, 2025 and 2024, our right of use assets and related lease liabilities each totaled $147,198 and $150,846, respectively, which represented our future obligations under our operating leases and are included in other assets, net and accounts payable and other liabilities, respectively, in our consolidated balance sheets. Our operating leases require minimum fixed rent payments, percentage rent payments based on a percentage of hotel revenues in excess of certain thresholds and rent payments equal to the greater of a minimum fixed rent or percentage rent. Rental expense related to our hotel operating leases of $9,312, $9,476 and $9,618 for the years ended December 31, 2025, 2024 and 2023, respectively, is included in hotel operating expenses within our consolidated statements of comprehensive income (loss). For operating leases related to our net lease properties, our tenants are required to pay the rental expense. As of December 31, 2025, our operating leases provide for contractual minimum rent payments to third parties during the remaining lease terms, as follows:
Item 16. Form 10-K Summary
FAQ
- What is Service Properties Trust's occupancy and equipment?
- Service Properties Trust (SVC) reported occupancy and equipment of $2.33M in Q4 2025.
- How has Service Properties Trust's occupancy and equipment changed year-over-year?
- Service Properties Trust's occupancy and equipment decreased by 1.7% year-over-year, from $2.37M to $2.33M.
- What is the long-term trend for Service Properties Trust's occupancy and equipment?
- Over 3 years (2022 to 2025), Service Properties Trust's occupancy and equipment has grown at a -5.8% compound annual growth rate (CAGR), from $11.15M to $9.31M.
- What does occupancy and equipment mean?
- Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.
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