Service Properties Trust sells three hotels for $22.5 million as part of larger portfolio sale
PositiveFinancial Markets

Service Properties Trust has successfully sold three hotels for $22.5 million, marking a significant step in their larger portfolio sale strategy. This move not only helps streamline their assets but also reflects a positive trend in the hospitality market, indicating investor confidence and potential for future growth. Such transactions are crucial as they can lead to reinvestment opportunities and improved financial health for the company.
— Curated by the World Pulse Now AI Editorial System