Chris Bilotto, president and CEO of Service Properties Belief (Nasdaq: SVC), sat down for a video interview at Nareit’s REITweek: 2026 Investor Convention in New York, June 1-4.
Bilotto mentioned the lodging sector has entered 2026 with enhancing momentum after a cautious begin, supported by renewed optimism throughout the journey trade. Leisure demand stays a key driver for SVC’s portfolio, with contract and group enterprise additionally contributing to stronger efficiency.
Bilotto pointed to main U.S. occasions—together with the FIFA World Cup, the nation’s 250th anniversary, and the Tremendous Bowl—as necessary sources of event-driven demand, whereas noting that enterprise journey continues to get better extra inconsistently and stays market particular.
On capital allocation, Bilotto mentioned SVC has strengthened its place by asset gross sales, steadiness sheet work, and $1.6 billion in year-to-date capital markets exercise. The corporate is shifting extra towards internet lease whereas retaining a resort portfolio with embedded upside. “For SVC, there’s a reasonably sizable catalyst on the lodging aspect for us to form of develop, simply given the work that we’ve performed,” he mentioned.
