Articles tagged “blackstone”

Encore is heading to Wall Street with a compelling growth story and some unresolved financial tensions investors will need to weigh carefully.

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.

The hotel, which had become a drag on Allegiant’s profitability, will be sold to Blackstone at a steep discount.

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.