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TKO’s CEO Makes Case for $2 Billion Bid on Service Properties’ Hotels

· skift

SCRIPT: TKO just made a two-billion-dollar play for a hotel portfolio four times its own size — and the CEO isn't backing down. Service Properties Trust hasn't answered yet. But Jim Koehler says the plan is simple: buy the hotels, renovate them, boost performance. That's a bold swing for a company punching way above its weight. If it lands, TKO goes from small player to major contender overnight. If it doesn't, they've made their intentions loud and clear. Either way, watch this space — hotel real estate just got interesting. Follow Trovlr for more travel news.

SOURCE: https://skift.com/2026/10/27/tkos-ceo-makes-case-for-2-billion-bid-on-service-properties-hotels/

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