Tuesday, 27 October 2026 Updated 24 min ago
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TKO’s CEO Makes Case for $2 Billion Bid on Service Properties’ Hotels

TKO wants to buy a hotel portfolio roughly four times the size of its own.

A swimming pool at the Sonesta Select Phoenix Camelback, owned by Service Properties Trust.
Image: Photo Credit: Sonesta International Hotels · via Skift

Skift reports: TKO wants to buy a hotel portfolio roughly four times the size of its own.

Service Properties Trust hasn't responded. TKO CEO Jim Koehler believes renovations will boost performance.

This travel story centres on the United States. Names and organisations mentioned in the coverage include TKO’s CEO Makes Case, Billion Bid and Service Properties’ Hotels.

Why it matters

Travel developments can affect plans, prices and safety for people heading to or from the places involved.

Key details

Location
United States · Americas
Reported by
Skift
First reported
Key names
TKO’s CEO Makes Case, Billion Bid, Service Properties’ Hotels, TKO CEO Jim Koehler
Section
Travel

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at Skift

Spotted an error? Request a correction · How this summary was produced

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