Answer
The brief news excerpt you shared does not contain any specific figures or commentary about occupancy rates or leaseârenewal rates for Service Properties Trust (SVC) during the quarter endedâŻJuneâŻ30âŻ2025. The release only announces that the secondâquarter results are available on the companyâs website and provides details for the upcoming earnings conference call.
Because the necessary data are not included in the summary, I canât tell you how those metrics moved over the quarter based solely on the information provided. To obtain the occupancy and leaseârenewal information you would need to:
- Review the full quarterly results â The complete earnings release (often a PDF or a detailed web page) typically includes a âOperating Metricsâ or âKey Performance Indicatorsâ table that breaks out occupancy percentages, net operating income, leaseârenewal activity, and related trends.
- Listen to or read the transcript of the earnings call â Management usually discusses propertyâlevel performance, including any notable changes in occupancy or renewal activity, during the call.
- Check the investor presentation â Companies often post a slide deck for the earnings call that highlights occupancy and leaseârenewal trends, especially if there are material changes.
What to look for in those sources
| Metric | Typical presentation in a REITâs quarterly release | What a change would indicate |
|---|---|---|
| Occupancy rate (percentage of leasable space currently occupied) | Usually shown as a % for the portfolio and sometimes broken out by subâsegments (e.g., office, industrial, retail). A âquarterâoverâquarterâ column will show the change from Q1âŻ2025 to Q2âŻ2025. | An increase suggests stronger demand or successful leasing activity; a decline could signal market softness or higher vacancy. |
| Leaseârenewal rate (percentage of expiring leases that were renewed) | Often reported as a % of leases up for renewal during the quarter, sometimes accompanied by a ârenewal pipelineâ figure (e.g., number of leases renewed vs. those that will be reâleased to new tenants). | A higher renewal rate indicates tenant satisfaction and leaseâup stability; a lower rate may point to upcoming turnover risk. |
Next steps
- Visit the link provided in the news release: https://www.svcreit.com/investors/financial-information/default.aspx. Look for the âQuarterly Resultsâ section, then download the Q2âŻ2025 earnings release (PDF) or the accompanying investor presentation.
- Search the document for keywords such as âoccupancy,â âlease renewal,â ârenewal rate,â or âvacancy.â
- If the data still arenât disclosed, you can request clarification from the investorârelations team (eâmail or phone) or wait for the AugustâŻ6âŻ2025 earnings call, where management typically addresses these operational metrics.
Bottom line: Based on the excerpt you posted, thereâs no information on how occupancy or leaseârenewal rates changed during the quarter. Youâll need to consult the full earnings release or the call transcript to get those details.