SVC Q1 2026 Earnings Call Summary
SVC reported $1.5 billion in executed transactions since the start of the year, including a $745 million ABS financing and a $575 million equity offering. The company retired $1.6 billion in debt, achieving $59 million in annualized interest savings. Hotel performance showed a 6.7% increase in RevPAR, though hotel EBITDA decreased by 9.2% due to the sale of 15 hotels.
Topics: capital markets debt repayment hotel dispositions hotel performance