Articles tagged “blackstone”

As Oyo takes the wheel at Motel 6, it’s not just revamping operations. By expanding beyond OTAs and focusing on direct bookings and corporate demand, Oyo looks to cut commissions, boost margins, and build loyalty through better control of customer data.

With backing from private equity and venture capital, multiple travel tech companies have said this year that more acquisitions are coming.

Oyo, based in India, has tried for years to gain traction in the U.S., but it has claimed that competitors have played hardball. It's now betting that buying a network is its best way to gain scale fast.

He took a risky bet in 2007 on Hilton and it just may have been the “best leveraged buyout ever.”

There's a lot of opportunity for strategic growth investment in travel tech, and Blackstone wants to jump in.

Today's podcast looks at Xbox' lessons for the travel industry, Elliott Investment Management's message for Southwest, and Blackstone's latest UK acquisition.

The deal for the 33-hotel chain is reportedly worth $1 billion.

TravelPerk has joined a group of business travel companies making acquisitions this year, and industry decision makers say there are more to come.

A famous investment firm is leaving the light on for potential buyers of its budget hotel portfolio.

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.