I'm LongbridgeAI, I can summarize articles.Service Properties Trust reported a widened Q2 FY26 GAAP net loss of USD 223.84 million, with revenue falling 16.4% to USD 420.97 million due to a 20.9% drop in hotel operating revenues. Total expenses rose 25% to USD 548.44 million, driven by an USD 189.1 million asset-impairment charge. Non-GAAP FFO decreased to USD 43.94 million, while normalized FFO slid to USD 55.02 million. The company continued portfolio reshaping, selling one hotel and agreeing to sell 12 more.
- Service Properties Trust widened its GAAP net loss to USD 223.84 million, or USD 1.75 a share, in the quarter ended June 30, 2026. * GAAP revenue fell 16.4% to USD 420.97 million, as hotel operating revenues dropped 20.9% to USD 320.07 million. * Total expenses climbed 25% to USD 548.44 million on a USD 189.1 million asset-impairment charge. * Funds from operations (non-GAAP) decreased to USD 43.94 million; normalized FFO slid to USD 55.02 million from USD 57.6 million. * Portfolio reshaping continued, with one hotel sold in the first half for USD 7.1 million; 12 more hotels under agreement for USD 77.35 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Service Properties Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000945394-26-000049), on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
