MEDIUMBuilt-inProperty_type
48.6%
hotel properties
“10-K Item 1A: 'Approximately 48.6% of our historical real estate investments as of December 31, 2025, are in our hotel properties'”
SVC · Concentration risk · 10-K extracted
Service Properties Trust - Shar (SVC) concentration risks
Updated
The most significant concentration Service Properties Trust - Shar discloses is hotel properties at 48.6%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Service Properties Trust - Shar’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH0
MEDIUM3
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partyTenant
41.8%
Sonesta-managed hotels
“10-K Item 1A: 'Sonesta operated 69 of our hotels, which constituted 41.8% of our historical real estate investments as of December 31, 2025'”
MEDIUMOutside partyTenant
33%
TA (TravelCenters of America)
“10-K Item 1A: 'we leased 175 travel centers to TA, which constituted approximately 33.0% of our total historical real estate investments'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Service Properties Trust's concentration risk runs across both property type and tenant/operator relationships. Approximately 48.6% of historical real estate investments as of December 31, 2025, are in hotel properties, a structural feature of the REIT's asset mix rather than a single-counterparty dependency. Within that hotel exposure, Sonesta operated 69 of the trust's hotels, constituting 41.8% of historical real estate investments — meaning a large portion of portfolio performance depends on one hotel operator's management and brand execution. Separately, the trust leased 175 travel centers to TA (TravelCenters of America), representing approximately 33.0% of total historical real estate investments, a second sizable single-tenant dependency in a different property type. Together, these three exposures show results concentrated both by asset class and by counterparty, with the Sonesta and TA relationships the more idiosyncratic risk since a deterioration in either operator's financial health or operating performance would directly affect a large slice of the portfolio, independent of broader industry conditions.
For the engine’s reasoning on SVC’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · REIT - Hotel & Motel
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| DRH | Diamondrock Hospitality Company | 2 | 0 | 0 | 2 |
| INN | Summit Hotel Properties, Inc. | 1 | 1 | 0 | 2 |
| APLE | Apple Hospitality REIT, Inc. | 1 | 0 | 0 | 1 |
| HST | Host Hotels & Resorts, Inc. | 1 | 0 | 0 | 1 |
| SVC● | Service Properties Trust - Shar | 0 | 3 | 0 | 3 |
| CLDT | Chatham Lodging Trust (REIT) | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.