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Hotels
A famous investment firm is leaving the light on for potential buyers of its budget hotel portfolio.
Sean O'Neill | 4 days ago
Daily Lodging Report
Blackstone announced the final close of its Blackstone Real Estate Partners X fund with $30.4 billion of total capital commitments, the largest real estate or private equity drawdown fund ever raised.
1 year ago
Business Travel
Companies that went hybrid are now being urged to "reuse" their office spaces by renting them out to other remote workers. Here we go again.
Matthew Parsons | 1 year ago
When every investor in a sector says they're "cautiously optimistic," watch out.
Sean O'Neill | 1 year ago
In Skift's top stories this week, Aman Resorts has big plans after receiving a $900 million investment, event attendance hit a plateau, and Vacasa announced a new CEO.
Rashaad Jorden | 2 years ago
Today’s edition of Skift’s daily podcast looks at the near yet uneven recovery of the global accommodation market, Blackstone’s investment in hotels, and the labor opportunity with apprenticeships.
In a turbulent financial market, players such as Blackstone are worth tracking because they usually have more wherewithal to invest in hotels than others do.
Sean O'Neill | 2 years ago
News Blog
Alternative asset manager Blackstone released its earnings on Thursday and revealed that its $5.7 billion sale of the Cosmopolitan hotel and casino in Las Vegas had produced about $4.1 billion in profit, the Wall Street Journal estimated The financial firm said in filings that the Cosmopolitan sale was its most profitable single real estate asset…
A step nearer for Blackstone, but a few gambling regulators dotted around Australia now get to have their say. It's not a done deal yet.
Harish Sridharan and Indranil Sarkar, Reuters | 2 years ago
Blackstone wants to capitalize on the upside of a travel recovery in hotels, and its investment in Groups360 is a small step. The upshot is it helps Groups360 triple the number of hotels it works with.
Matthew Parsons | 2 years ago
