Service Properties Trust Q2 FY26 net loss widens to USD 223.84 million; revenue falls 16.4% to USD 420.97 million

Reuters2026/08/05 22:39

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Service Properties Trust widened its GAAP net loss to USD 223.84 million, or USD 1.75 a share, in the quarter ended June 30, 2026.
GAAP revenue fell 16.4% to USD 420.97 million, as hotel operating revenues dropped 20.9% to USD 320.07 million.
Total expenses climbed 25% to USD 548.44 million on a USD 189.1 million asset-impairment charge.
Funds from operations (non-GAAP) decreased to USD 43.94 million; normalized FFO slid to USD 55.02 million from USD 57.6 million.
Portfolio reshaping continued, with one hotel sold in the first half for USD 7.1 million; 12 more hotels under agreement for USD 77.35 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Service Properties Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000945394-26-000049), on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Service Properties Trust Q2 FY26 net loss widens to USD 223.84 million; revenue falls 16.4% to USD 420.97 million

You may also like

Crypto prices