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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Hotel operating revenues by Business
Hotels$264.58M-10.8%$296.46M-21.5%$377.58M-6.6%$404.41M+20.7%$334.96M-6.2%
Net Lease$99.88M-1.1%$100.99M-0.2%$101.19M+2.2%$99.03M-1.2%$100.22M+0.7%
Net loss by Business
Hotels-$41.17M-205%$39.07M+465%$6.91M-68.3%$21.77M+135%-$61.32M-295%
Net Lease$34.72M-28.5%$48.54M+2.8%$47.21M+16.1%$40.66M-14.6%$47.6M+13.6%
Total Assets by Business
Hotels$3.07B-1.3%$3.11B-12.1%$3.53B-7.8%$3.83B-0.4%$3.85B-1.2%
Net Lease$2.87B-1.3%$2.9B+0.4%$2.89B-0.3%$2.9B-0.4%$2.91B-1.1%
Other segment items by Business
Hotels$20.2M$2.01M-86.8%$15.27M-58.4%$36.7M+1,564%
Net Lease$8.99M+5,066%$174K-92.0%$2.19M-42.7%$3.81M+878%-$490K-111%
Rental income by Business
Hotels$0$0$0$0$0
Net Lease$99.88M-1.1%$100.99M-0.2%$101.19M+2.2%$99.03M-1.2%$100.22M+0.7%
Interest Expense, Nonoperating by Business
Hotels$0$0$0$0$0
Net Lease$15.79M+27.6%$12.37M-0.3%$12.41M-1.1%$12.55M+3.5%$12.13M+3.7%
Net lease operating expenses by Business
Hotels$102.42M-5.5%$108.41M-21.3%$137.69M-0.5%$138.44M+6.9%$129.51M-2.2%
Net Lease$2.56M-46.5%$4.79M+217%$1.51M-17.0%$1.82M-33.9%$2.75M-53.8%
Total capital expenditures by Business
Hotels$20.35M-80.5%$104.24M+125%$46.27M+19.1%$38.84M-13.9%$45.12M-46.2%
Net Lease$580K-43.1%$1.02M+127%$449K+91.9%$234K-68.7%$748K-60.3%
Real estate taxes and insurance by Business
Hotels$23.68M+19.2%$19.86M-35.2%$30.67M+5.1%$29.17M-1.5%$29.61M-4.7%
Net Lease$2.11M+141%$872K+22.8%$710K+5.8%$671K-14.8%$788K-1.7%
D&A by Business
Hotels$42.91M+2.7%$41.77M+3.6%$40.3M+4.8%$38.45M-28.4%$53.74M-7.4%
Net Lease$32.94M-4.8%$34.61M+1.3%$34.16M-6.6%$36.58M+3.4%$35.36M-1.6%
Management Fee Expense by Business
Hotels$9.13M-12.2%$10.4M-26.8%$14.2M-6.0%$15.11M+21.0%$12.49M-3.9%
Net Lease$2.77M+28.4%$2.16M-0.2%$2.16M+2.5%$2.11M+1.1%$2.09M+39.1%
Hotel Management Agreements And Leases Real Estate Properties Under Agreement by Product
Full Service Hotel390.0%390.0%390.0%390.0%390.0%
Limited Services Hotel22-4.3%23-72.6%84-14.3%98-1.0%99-1.0%
Select Service Hotels70.0%7-41.7%12-68.4%38-2.6%39-7.1%
Hotel operating expenses by Product
Food and beverage expenses$40.31M$40.32M-0.6%
Room expenses$67.11M$93.91M-5.3%

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Questions, answered.

How does Service Properties Trust break its business down?
Service Properties Trust (SVC) reports hotel operating revenues by business across 2 parts — Hotels and Net Lease. Each is extracted from the segment footnotes and tracked over time.
Where does Service Properties Trust's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Service Properties Trust's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.