SVC

Over the past six months, SVC's stock price experienced a significant decline, losing 52.3% over 12 months and closing at $6.37 on September 29, 2026, with a notable daily drop of -24.3% on March 31, 2026. The company announced a reverse stock split effective July 2, 2026, and made quarterly distribution announcements on common shares on July 9, 2026, and October 8, 2026. SVC released its second-quarter 2026 results on August 5, 2026, and is scheduled to release its next earnings report on November 11, 2026. A leadership change occurred on September 17, 2026, with the election of Jeanmarie Cooney as an independent trustee. On October 9, 2026, SVC confirmed receipt of an unsolicited $2 billion all-cash proposal from TKO Hotels to acquire its entire hotel portfolio, which led to a significant stock price increase. In March 2026, SVC issued $745.0 million in net lease mortgage notes to refinance existing senior notes, following an S&P Global credit rating downgrade to 'B-' from 'B' on February 25, 2026, due to significant debt maturities between February 2027 and February 2028.