It will maybe run and display as a 2d window (just like the video player in the hololens demo), just like you could bring SketchUp on a smart watch (using an x86 emulator with Windows XP) or on a Google Glass (using an emulator or remote desktop) with gesture/touch input translated to single point 2d mouse events.
It does not make SketchUp fit to new screen sizes or support new kinds of interactions.
It would be interesting to see if (and in what areas) SketchUp takes the chance to innovate again and take up such technologies early (of course it's safer to let the big guys innovate, and follow the latest possible when mainstream has adopted 64bit, multitouch, hidpi, web-technologies). Also I wouldn't expect it to be the hololens, you know they have been working with Project Tango, and Trimble can make things possible…