Articles tagged “Blackstone Group”

Accor loses ownership stake in these hotels but keeps its name on the buildings and continues to collect fees. This is the shift toward an asset-light, franchise-heavy model CEO Sébastien Bazin has long sought.

The hotel industry will be watching whether a potential sale of assets by New World Development will include a few ultra-luxury Rosewood hotels.

On today’s pod we look at Hyatt’s big bet on all-inclusive resorts, the TSA’s shoes experiment, and Tripadvisor’s possible investor-driven changes.

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.

The continent offers a bright future for investors. And with waning demand for offices, alternative accommodation brands claim they stand out as a safe political bet.

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

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

Blackstone sold its stake in Indian software company IBS Software for $450 million to British private equity firm Apax Partners. 

Suddenly every hotel group seems to be inventing an extended stay brand. But the pioneer U.S. company in the segment, Extended Stay America, says its new strategy will help it fend off rivals.

When every investor in a sector says they're "cautiously optimistic," watch out.