Service Properties Trust sells five hotels for $50 million as part of asset disposition
NeutralFinancial Markets

Service Properties Trust has sold five hotels for $50 million as part of its ongoing asset disposition strategy. This move is significant as it reflects the company's efforts to streamline its portfolio and focus on more profitable investments. The sale indicates a shift in the real estate market, where companies are reassessing their assets in response to changing economic conditions.
— Curated by the World Pulse Now AI Editorial System