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Service Properties Trust Appoints Chris Bilotto as a Managing Trustee, President and Chief Executive Officer

1. Chris Bilotto appointed CEO of Service Properties Trust, effective March 2025. 2. Bilotto's role at RMR may influence SVC's strategic direction.

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FAQ

Why Bullish?

Leadership changes can indicate strategic growth. A strong CEO may enhance investor confidence.

How important is it?

Bilotto's leadership can significantly impact RMR's asset management effectiveness and growth strategy.

Why Long Term?

The impact of Bilotto's leadership will manifest over time through strategic decisions.

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SVCRMR
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that Chris Bilotto has been appointed as a Managing Trustee, President and Chief Executive Officer of SVC, effective March 10, 2025. Mr. Bilotto is an Executive Vice President of The RMR Group (Nasdaq: RMR), overseeing its acquisition platform, asset management for all hotel and senior living properties, as well as property development and redevelopment throughout the United States. Prior to joining RMR in 20.

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