Service Properties Trust (SVC) Announces Restructuring of Business Arrangements with Sonesta

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Go back to Service Properties Trust (SVC) Announces Restructuring of Business Arrangements with Sonesta

Service Properties Trust Announces Restructuring of Business Arrangements with Sonesta

February 27, 2020 5:01 PM EST

Includes the Exit of All 39 Extended Stay Hotels Managed by Sonesta

SVC Received a 34% Ownership of Sonesta

NEWTON, Mass.--(BUSINESS WIRE)-- Service Properties Trust (Nasdaq: SVC) today announced it has entered into a transaction agreement with Sonesta International... More