Reports Q1 revenue $435.179M, consensus $430.71M. Christopher Bilotto, President and Chief Executive Officer, said, “”SVC began the year with first quarter financial results that met our expectations, highlighted by a 2.6% increase in comparable hotel RevPAR, despite revenue displacement from our hotel renovation program. Additionally, we completed the sale of four hotels and three net lease properties for net proceeds of more than $20 million, ending the quarter with over $680 million of liquidity.”
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