Service Properties Trust SVC Stock

Service Properties Trust (Nasdaq: SVC) is a REIT that owns 9.9 billion US dollars in assets, including 760 service-focused retail net lease properties and 94 hotels located in 46 states, the District of Columbia, Canada and Puerto Rico. Sonesta International Hotels Corporation (Sonesta), SVC's largest hotel operator, implements a sustainability program that includes energy management best practices designed to enhance economic performance. These initiatives feature centralized utility bill processing and payment systems, ENERGY STAR® benchmarking, LED lighting upgrades and energy performance reviews for end-of-life HVAC equipment replacements, contributing to reduced energy consumption and delivering both economic and environmental benefits. Managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company specializing in commercial real estate (CRE) and related businesses, SVC encourages its operators to adopt water management practices that lower operating costs and minimize natural resource usage. These practices include upgrades such as low-flow plumbing fixtures, water-efficient landscaping, cooling tower water management and automatic faucet controls. Through RMR, SVC collaborates with its hotel operators and net-leased retail tenants to collect environmental data from its properties. By engaging directly with operators and tenants, RMR has improved visibility into the operational performance of over 10.6 million square feet of hotel and retail space. RMR's asset managers promote operational practices that enhance economic performance while addressing sustainability goals, including energy and water conservation and reduction of greenhouse gas emissions. These engagement efforts incentivize hotel operators and tenants to adopt practices that deliver positive sustainability outcomes. Service Properties Trust is headquartered in Newton, Massachusetts. The firm was incorporated in 1995 in Maryland.