** Shares of Service Properties Trust fall 20% to $3.81, hitting a record low

** Co slashes quarterly dividend to $0.01 per share from $0.20 per share

** Dividend reduction to result in $127 mln of annual savings

** SVC also intends to sell 114 Sonesta Managed Focused Service Hotels in 2025, use net sales proceeds to repay debt

** Expects sales of hotels to result in savings of about $725 mln in capital expenditures

** Upon completion of disposition plan in 2025, REIT will continue to own 34% of Sonesta

** 1 of 4 brokerages rate the stock "buy", 2 "hold" and 1 "sell" or lower; their median PT is $5.83

** Including session's losses, stock down ~55.3% YTD

(Reporting by Ankita Bora in Bengaluru) ((mailto:Ankita.Bora@thomsonreuters.com))