Financial Results and Supplemental Information FIRST QUARTER 2025 May 6, 2025 Exhibit 99.2 24225 W. Lorenzo Road Wilmington, IL

2 Table of Contents QUARTERLY RESULTS Service Properties Trust Announces First Quarter 2025 Financial Results ................................................................................................................... 4 First Quarter 2025 Highlights ................................................................................................................................................................................................ 5 FINANCIALS Key Financial Data .................................................................................................................................................................................................................... 7 Condensed Consolidated Statements of Income (Loss) .................................................................................................................................................. 8 Condensed Consolidated Balance Sheets .......................................................................................................................................................................... 9 Debt Summary .......................................................................................................................................................................................................................... 10 Debt Maturity Schedule .......................................................................................................................................................................................................... 11 Leverage Ratios, Coverage Ratios and Debt Covenants .................................................................................................................................................. 12 Capital Expenditures Summary ............................................................................................................................................................................................. 13 Property Acquisitions and Dispositions ............................................................................................................................................................................... 14 PORTFOLIO INFORMATION Portfolio Summary ................................................................................................................................................................................................................... 16 Consolidated Portfolio Diversification by Industry ............................................................................................................................................................ 17 Consolidated Portfolio by Geographical Diversification .................................................................................................................................................. 18 Hotel Portfolio by Brand ......................................................................................................................................................................................................... 19 Hotel Operating Statistics by Service Level - Comparable Hotels - Three Months Ended March 31, 2025 .......................................................... 20 Hotel Operating Statistics by Service Level - All Hotels - Three Months Ended March 31, 2025 ............................................................................. 21 Net Lease Portfolio by Brand ................................................................................................................................................................................................. 22 Net Lease Portfolio by Industry ............................................................................................................................................................................................. 23 Net Lease Portfolio by Tenant (Top 10) ............................................................................................................................................................................... 24 Net Lease Portfolio - Expiration Schedule ........................................................................................................................................................................... 25 Net Lease Portfolio - Occupancy Summary ........................................................................................................................................................................ 26 APPENDIX Company Profile and Research Coverage .......................................................................................................................................................................... 28 Governance Information ......................................................................................................................................................................................................... 29 Calculation of FFO, Normalized FFO and CAD ................................................................................................................................................................. 30 Calculation of EBITDA, EBITDAre and Adjusted EBITDAre ............................................................................................................................................. 31 Calculation and Reconciliation of Hotel EBITDA and Adjusted Hotel EBITDA - All Hotels ....................................................................................... 32 Notes to Condensed Consolidated Statements of Income (Loss) and Calculations of FFO, Normalized FFO, CAD, EBITDA, EBITDAre, Adjusted EBITDAre, Hotel EBITDA and Adjusted Hotel EBITDA................................................................................................................................ 33 Non-GAAP Financial Measures and Certain Definitions .................................................................................................................................................. 34 WARNING CONCERNING FORWARD-LOOKING STATEMENTS ............................................................................................................................................................ 37 SVC Nasdaq Listed Trading Symbols: Common Shares: SVC Investor Relations Contact: Kevin Barry, Senior Director (617) 796-8232 kbarry@svcreit.com ir@svcreit.com Corporate Headquarters: Two Newton Place 255 Washington Street, Suite 300 Newton, Massachusetts 02458-1634 www.svcreit.com All amounts in this presentation are unaudited. Additional information and reconciliations of Non-GAAP Financial Measures to amounts determined in accordance with U.S. GAAP appear in the Appendix to this presentation. Please refer to Non-GAAP Financial Measures and Certain Definitions for terms used throughout this presentation.

3RETURN TO TABLE OF CONTENTS Quarterly Results

4RETURN TO TABLE OF CONTENTS Newton, MA (May 6, 2025): Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended March 31, 2025. Distribution: SVC declared a quarterly distribution on its common shares of $0.01 per share to shareholders of record as of the close of business on April 22, 2025. This distribution will be paid on or about May 15, 2025. Conference Call: A conference call to discuss SVC’s first quarter results will be held on Wednesday, May 7, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-3720 or (412) 317-5434 (if calling from outside the United States and Canada); a pass code is not required. A replay will be available for one week by dialing (877) 344-7529; the replay pass code is 1652345. A live audio webcast of the conference call will also be available in a listen only mode on SVC’s website, at www.svcreit.com. The archived webcast will be available for replay on SVC’s website after the call. The transcription, recording and retransmission in any way of SVC’s first quarter conference call are strictly prohibited without the prior written consent of SVC. About Service Properties Trust: SVC is a real estate investment trust, or REIT, with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of March 31, 2025, SVC owned 202 hotels with over 35,000 guest rooms throughout the United States and in Puerto Rico and Canada. As of March 31, 2025, SVC also owned 739 service-focused retail net lease properties with over 13.1 million square feet throughout the United States. SVC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $40 billion in assets under management as of March 31, 2025, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. SVC is headquartered in Newton, MA. For more information, visit www.svcreit.com. Service Properties Trust Announces First Quarter 2025 Financial Results “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. Our strategic focus remains on strengthening our balance sheet through asset sales and reinvesting in our hotels with the highest potential for growth. Currently, we have four hotels under agreements to be sold for $26.5 million and we remain on track with our plans to sell 123 hotels for $1.1 billion this year. Despite the current macroeconomic uncertainty, we are confident that our portfolio optimization initiatives, durable cash flows from our triple net lease assets and effective capital management will be significant drivers of long-term value creation.” Christopher Bilotto President and Chief Executive Officer

5RETURN TO TABLE OF CONTENTS First Quarter 2025 Highlights Financial Results • Net loss of $116.4 million, or $0.70 per common share. • Normalized FFO of $10.8 million, or $0.07 per common share. • Adjusted EBITDAre of $115.8 million. Portfolio Update • Hotel RevPAR of $83.52. • Adjusted Hotel EBITDA of $23.0 million. • Net Lease occupancy of 97.8% as of March 31, 2025. • Net Lease rent coverage of 2.07x. Investment Activity • Invested $45.8 million in CapEx during the quarter. • Sold four hotels with a total of 514 keys for a combined sales price of $19.6 million, excluding closing costs, and three vacant net lease properties with a total of 103,043 square feet for a combined sales price of $3.1 million, excluding closing costs. • Since April 1, 2025, sold one net lease property with 2,053 square feet for a sales price of $0.4 million, excluding closing costs. • Entered into agreements to sell four hotels with a total of 492 keys for a combined sales price of $26.5 million, excluding closing costs, and one net lease property with 1,122 square feet for a sales price of $0.4 million, excluding closing costs. • Since April 1, 2025, acquired three net lease properties with a total of 18,218 square feet for a combined purchase price of $12.6 million, excluding closing costs, and entered into agreements to purchase six net lease properties with a total of 69,236 square feet for a combined purchase price of $20.7 million, excluding closing costs.

6RETURN TO TABLE OF CONTENTS Financials

7RETURN TO TABLE OF CONTENTS As of and for the Three Months Ended 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 Selected Income Statement Data: Total revenues $ 435,179 $ 456,559 $ 491,171 $ 512,948 $ 436,250 Net loss $ (116,435) $ (76,392) $ (46,901) $ (73,850) $ (78,383) FFO $ 10,186 $ 18,946 $ 52,736 $ 57,764 $ 21,204 Normalized FFO $ 10,836 $ 28,617 $ 52,869 $ 73,810 $ 21,206 CAD $ (34,606) $ (55,839) $ (37,510) $ 3,444 $ (50,710) Rolling four quarter CAD $ (124,511) $ (140,615) $ (148,057) $ (95,378) $ (20,702) Adjusted EBITDAre $ 115,821 $ 130,649 $ 154,992 $ 171,524 $ 115,548 Per Common Share Data (basic and diluted): Net loss $ (0.70) $ (0.46) $ (0.28) $ (0.45) $ (0.48) FFO $ 0.06 $ 0.11 $ 0.32 $ 0.35 $ 0.13 Normalized FFO $ 0.07 $ 0.17 $ 0.32 $ 0.45 $ 0.13 CAD $ (0.21) $ (0.34) $ (0.23) $ 0.02 $ (0.31) Rolling four quarter CAD $ (0.75) $ (0.85) $ (0.90) $ (0.58) $ (0.13) Dividend Data: Annualized dividends paid per share during the period $ 0.04 $ 0.04 $ 0.80 $ 0.80 $ 0.80 Annualized dividend yield (at end of period) 1.5 % 1.6 % 17.5 % 15.6 % 11.8 % Annualized Normalized FFO payout ratio 14.3 % 5.9 % 62.5 % 44.4 % 153.8 % Rolling four quarter CAD payout ratio (1) (5.3) % (4.7) % (88.9) % (137.9) % (615.4) % Selected Balance Sheet Data: Total gross assets $ 9,368,846 $ 10,358,194 $ 10,278,496 $ 10,286,546 $ 10,469,518 Total assets $ 6,976,079 $ 7,119,558 $ 7,086,792 $ 7,121,661 $ 7,231,519 Total liabilities $ 6,241,506 $ 6,267,685 $ 6,157,773 $ 6,112,855 $ 6,116,850 Total shareholders’ equity $ 734,573 $ 851,873 $ 929,019 $ 1,008,806 $ 1,114,669 (dollars in thousands, except per share data) Key Financial Data Sonesta ES Suites Fort Lauderdale, FL As of 3/31/2025 Capitalization: Total common shares (at end of period) 166,646,721 Closing price (at end of period) $ 2.61 Equity market capitalization (at end of period) $ 434,948 Debt (principal balance) 5,776,122 Total market capitalization $ 6,211,070 Liquidity: Cash and cash equivalents $ 80,147 Available borrowings under secured revolving credit facility (2) 600,000 Available borrowings under secured variable funding note(3) — Total liquidity $ 680,147 (1) Reflects the annualized dividends paid per common share during the period as a percentage of rolling four quarter CAD per common share. (2) Availability under SVC's revolving credit facility is subject to meeting ongoing minimum performance and market values of the collateral properties, satisfying certain financial covenants and other credit facility conditions. (3) As of March 31, 2025, SVC was fully drawn on its $45,000 variable funding note, or the VFN.

8RETURN TO TABLE OF CONTENTS Three Months Ended March 31, 2025 2024 Revenues: Hotel operating revenues (1) $ 334,963 $ 336,236 Rental income (2) 100,216 100,014 Total revenues 435,179 436,250 Expenses: Hotel operating expenses (1)(3) 305,840 305,086 Net lease operating expenses 5,628 4,723 Depreciation and amortization 89,100 93,107 General and administrative 9,556 10,506 Transaction related costs (4) 111 — Loss on asset impairment (5) 37,067 2,451 Total expenses 447,302 415,873 Gain (loss) on sale of real estate, net (6) 746 (2,963) Interest income 1,249 1,962 Interest expense (including amortization of debt issuance costs, discounts and premiums of $8,680 and $7,226, respectively) (101,517) (91,414) Loss before income tax expense and equity in losses of an investee (111,645) (72,038) Income tax expense (843) (1,007) Equity in losses of an investee (3,947) (5,338) Net loss $ (116,435) $ (78,383) Weighted average common shares outstanding (basic and diluted) 165,615 165,158 Net loss per common share (basic and diluted) $ (0.70) $ (0.48) (amounts in thousands, except per share data) Condensed Consolidated Statements of Income (Loss) See accompanying notes on page 33. The Stephen F Austin Royal Sonesta Hotel Austin, TX