Service Properties Trust SVC Hotels — Net lease operating expenses

Other segment segments

Similar metrics at other companies

CTREProperty operating expenses

$296K+182%

JXNNet lease expense

$14.25M+7.5%

AHRTriple Net Leased Properties — Operating Lease Expense

$0—

PEBNon-cash ground rent

$2.35M-4.2%

HLTOwnership — Operating Lease, Expense

$41M0.0%

KROperating Lease Expense Net Of Sublease Income

$269M-0.7%

Questions, answered.

What is Service Properties Trust's hotels — net lease operating expenses?

Service Properties Trust (SVC) reported hotels — net lease operating expenses of $102.42M in Q1 2026.

How has Service Properties Trust's hotels — net lease operating expenses changed year-over-year?

Service Properties Trust's hotels — net lease operating expenses decreased by 20.9% year-over-year, from $129.51M to $102.42M.

What is the long-term trend for Service Properties Trust's hotels — net lease operating expenses?

Over 3 years (2022 to 2025), Service Properties Trust's hotels — net lease operating expenses has grown at a -1.7% compound annual growth rate (CAGR), from $540.88M to $514.06M.

What does hotels — net lease operating expenses mean?

Represents the operating costs associated with properties under net lease agreements where the landlord retains responsibility for certain expenses. This metric helps evaluate the cost burden of maintaining properties that are not fully triple-net leased.