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TKO Offers $2 Billion for Service Properties Trust’s 93-Hotel Portfolio

TKO Offers $2 Billion for Service Properties Trust’s 93-Hotel Portfolio

by John G. Stevens | Oct 11, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing

An unsolicited $2 billion cash bid for 93 hotels has put a major strategic choice before Service Properties Trust, the publicly traded landlord that has spent the past year selling lodging assets and paying down debt. The buyer, TKO LLC, wants the entire remaining...

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