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