{"id":1009053,"date":"2026-10-09T18:48:03","date_gmt":"2026-10-09T22:48:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/service-properties-trust-confirms-receipt-of-unsolicited-proposal-for-hotel-portfolio-from-tko-hotels\/"},"modified":"2026-10-09T18:48:03","modified_gmt":"2026-10-09T22:48:03","slug":"service-properties-trust-confirms-receipt-of-unsolicited-proposal-for-hotel-portfolio-from-tko-hotels","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/service-properties-trust-confirms-receipt-of-unsolicited-proposal-for-hotel-portfolio-from-tko-hotels\/","title":{"rendered":"Service Properties Trust Confirms Receipt of Unsolicited Proposal for Hotel Portfolio From TKO Hotels"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Service Properties Trust Confirms Receipt of Unsolicited Proposal for Hotel Portfolio From TKO Hotels<\/b><\/p>\n<p>NEWTON, Mass.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nService Properties Trust (Nasdaq: SVC) (\u201cSVC\u201d or the \u201cCompany\u201d) today confirmed that it had received an unsolicited proposal from TKO LLC (\u201cTKO\u201d) to acquire the Company\u2019s hospitality portfolio for $2.0 billion in cash. Before receiving the proposal, the Company had no prior contact from TKO.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20261009483108\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20261009483108\/en\/<\/a><\/p>\n<p>\nThe Company\u2019s Board of Trustees (the \u201cBoard\u201d) will carefully review and consider TKO\u2019s proposal in determining the course of action that it believes is in the best interest of the Company and its shareholders.<\/p>\n<p>\nA copy of TKO\u2019s proposal is available through the multimedia link in connection with this press release.<\/p>\n<p><b>About Service Properties Trust<\/b><\/p>\n<p>\nSVC is a real estate investment trust with $9.7 billion invested in two asset categories: service-focused retail net lease properties and hotels. As of June 30, 2026, SVC owned 745 service-focused retail net lease properties with over 13.5 million square feet throughout the United States and 93 hotels with over 21,000 guest rooms throughout the United States, including Puerto Rico, and Canada. SVC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of June 30, 2026, and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. SVC is headquartered in Newton, MA. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.svcreit.com&amp;esheet=54619357&amp;newsitemid=20261009483108&amp;lan=en-US&amp;anchor=www.svcreit.com&amp;index=1&amp;md5=e0a548078d8def05a938e96055b08d74\">www.svcreit.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon SVC\u2019s present intent, beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond SVC\u2019s control. You should not place undue reliance upon forward-looking statements. Except as required by law, SVC does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.<\/p>\n<p class=\"bwalignc\">\nA Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.<\/p>\n<p class=\"bwalignc\">\nNo shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261009483108r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20261009483108\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20261009483108\/en\/<\/a><\/span><\/p>\n<p>\nKevin Barry, Senior Director, Investor Relations<br \/>\n<br \/>(617) 796-8232<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20261009483108\/en\/750380\/3\/servicepropertiestrust-logo-rgb-highres.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Service Properties Trust Confirms Receipt of Unsolicited Proposal for Hotel Portfolio From TKO Hotels NEWTON, Mass.&#8211;(BUSINESS WIRE)&#8211; Service Properties Trust (Nasdaq: SVC) (\u201cSVC\u201d or the \u201cCompany\u201d) today confirmed that it had received an unsolicited proposal from TKO LLC (\u201cTKO\u201d) to acquire the Company\u2019s hospitality portfolio for $2.0 billion in cash. Before receiving the proposal, the Company had no prior contact from TKO. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20261009483108\/en\/ The Company\u2019s Board of Trustees (the \u201cBoard\u201d) will carefully review and consider TKO\u2019s proposal in determining the course of action that it believes is in the best interest of the Company and its shareholders. A copy of TKO\u2019s proposal is available through the multimedia link in connection &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/service-properties-trust-confirms-receipt-of-unsolicited-proposal-for-hotel-portfolio-from-tko-hotels\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Service Properties Trust Confirms Receipt of Unsolicited Proposal for Hotel Portfolio From TKO Hotels&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1009053","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Service Properties Trust Confirms Receipt of Unsolicited Proposal for Hotel Portfolio From TKO Hotels - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/service-properties-trust-confirms-receipt-of-unsolicited-proposal-for-hotel-portfolio-from-tko-hotels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Service Properties Trust Confirms Receipt of Unsolicited Proposal for Hotel Portfolio From TKO Hotels - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Service Properties Trust Confirms Receipt of Unsolicited Proposal for Hotel Portfolio From TKO Hotels NEWTON, Mass.&#8211;(BUSINESS WIRE)&#8211; Service Properties Trust (Nasdaq: SVC) (\u201cSVC\u201d or the \u201cCompany\u201d) today confirmed that it had received an unsolicited proposal from TKO LLC (\u201cTKO\u201d) to acquire the Company\u2019s hospitality portfolio for $2.0 billion in cash. Before receiving the proposal, the Company had no prior contact from TKO. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20261009483108\/en\/ The Company\u2019s Board of Trustees (the \u201cBoard\u201d) will carefully review and consider TKO\u2019s proposal in determining the course of action that it believes is in the best interest of the Company and its shareholders. 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Before receiving the proposal, the Company had no prior contact from TKO. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20261009483108\/en\/ The Company\u2019s Board of Trustees (the \u201cBoard\u201d) will carefully review and consider TKO\u2019s proposal in determining the course of action that it believes is in the best interest of the Company and its shareholders. 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