Service Properties Trust : Announces First Quarter 2021 Results
Message : Required fields Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended March 31, 2021. John Murray, President and Chief Executive Officer of SVC, made the following statement: “The first quarter marked a continued period of transition for SVC’s hotel portfolio. We converted an additional 88 hotels to Sonesta brands and management during the first quarter, following the conversion of 112 hotels during the fourth quarter of 2020. We expect disruption to our operating results from these transitions to be short-term in nature and believe t...
Source: marketscreener.com