Service Properties Trust Q3 2026 net loss widens 87% to $87.94 million
SVC•Service Properties Trust's third-quarter 2026 net loss widened 87% year over year to $87.94 million, while revenue fell 17% to $399.52 million. Its board unanimously rejected TKO's $2 billion hotel-portfolio proposal, and completed sales of 14 planned hotel exits generated $116.7 million through November 2, 2026.
1. Quarterly results and portfolio
Service Properties Trust reported a third-quarter 2026 net loss of $87.94 million, up 87% year over year, and revenue of $399.52 million, down 17%. The board unanimously rejected TKO's $2 billion hotel-portfolio proposal, saying it significantly undervalued the assets; sales of 14 planned hotel exits generated $116.7 million through November 2, 2026.
