Hotels was Service Properties Trust’s largest segment in fiscal 2025, bringing in $1.41B of $1.81B (78%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hotels | $1.47B | $1.48B | $1.50B | $1.41B | |||||||||||||
| Net Lease | $395.67M | $395.83M | $400.22M | $401.44M | |||||||||||||
| Travel Centers | — | — | — | — | |||||||||||||
| Total | $1.86B | $1.87B | $1.90B | $1.81B |
Service Properties Trust brought in $1.81B from its two segments in fiscal 2025, the year ended December 31, 2025. That was down 4.3% from $1.90B in fiscal 2024. Hotels was the largest at $1.41B (77.9%), ahead of Net Lease at $401.44M (22.1%).
Compared with fiscal 2024, Net Lease grew 0.3% to $401.44M, while Hotels fell 5.6% to $1.41B. From fiscal 2022 to 2025, combined revenue from these segments fell from $1.86B to $1.81B, a compound annual decline of 0.9%. Hotels' share of the total fell from 78.8% to 77.9%.
Hotel Operating Revenues was Service Properties Trust’s largest product and service line in fiscal 2017, bringing in $1.84B of $2.17B (85%).
| Product and Service | FY 2016 | FY 2017 |
|---|---|---|
| Hotel Operating Revenues | $1.73B | $1.84B |
| Rental Income | $309.60M | $326.44M |
| Ff&E Reserve Income | $4.51M | $4.67M |
| Total | $2.05B | $2.17B |
Service Properties Trust brought in $2.17B from its three product and service lines in fiscal 2017, the year ended December 31, 2017. That was up 6.1% from $2.05B in fiscal 2016. Hotel Operating Revenues was the largest at $1.84B (84.8%), ahead of Rental Income at $326.44M (15.0%) and Ff&E Reserve Income at $4.67M (0.2%).
Compared with fiscal 2016, Hotel Operating Revenues grew 6.2% to $1.84B and Rental Income grew 5.4% to $326.44M.
Service Properties Trust (SVC) reports its revenue by segment and by product and service. In fiscal 2025, Hotels was its largest segment, bringing in $1.41B (77.9% of the total), followed by Net Lease at $401.44M (22.1%).
Hotels was Service Properties Trust's largest segment in fiscal 2025, bringing in $1.41B, or 77.9% of the $1.81B total across its two segments.
Hotel Operating Revenues was Service Properties Trust's largest product and service line in fiscal 2017, bringing in $1.84B, or 84.8% of the $2.17B total across its three product and service lines.
Net Lease grew faster than Hotels in fiscal 2025, up 0.3% from $400.22M to $401.44M. Hotels fell 5.6% to $1.41B.
Every figure comes from Service Properties Trust's annual financial filings, as reported. Each line keeps the name Service Properties Trust gives it, and years follow its fiscal calendar.
Service Properties Trust's revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.