EconomyTKO offers $2 billion for Service Properties Trust hotel portfolio

Hospitality investor TKO LLC said it submitted an all-cash $2 billion bid for Service Properties Trust’s hotel portfolio. The deal would give the real estate investment trust liquidity to reduce its debt.

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RReuters★★☆☆☆2026-10-09 21:00Original

TKO offers $2 billion for Service Properties Trust hotel portfolio

Economy