TKO’s CEO Makes Case for $2 Billion Bid on Service Properties’ Hotels
TKO's CEO, Jim Koehler, is bidding $2 billion in cash for Service Properties Trust's 92-hotel portfolio. Koehler claims the trust has underinvested in the hotels and that TKO can finance the deal, holding 'nine figures' in cash. TKO currently owns 44 hotels, with plans to expand to over 5,000 rooms.




