Page 7

Articles tagged “blackstone”

Hotels

Renowned Miami Beach Resort said to be switching hands for $117 million

Neither Blackstone nor the prospective buyer will confirm the information, but the sale is in line with the hotel group’s current efforts to restructure its luxury hotels unit out of debt.

Renowned Miami Beach Resort said to be switching hands for $117 million

Skift Originals

Blackstone will still control SeaWorld’s 60,000 fish after the IPO

Like Travelport and Orbtiz Worldwide, SeaWorld is weighed down by Blackstone's financial maneuverings, and the private equity firm will be first in line for payment if the IPO is successful.

Blackstone will still control SeaWorld’s 60,000 fish after the IPO

Hotels

Travelport’s woes may put a crimp in its controller Blackstone’s travel ambitions

Travelports' woes demonstrate the challenges ahead for its GDS peers Sabre and Apollo. One day -- and that day will be soon -- a new generation of online travel agencies and smarter airline websites will render their current services obsolete.

Hotels

Motel 6 gets social with Facebook booking application

As airlines and other hotels bring booking apps to Facebook, it is good to see that Motel 6 doesn't get left in the gravel.

Hotels

Blackstone has big (global) plans for newly acquired Motel 6 and Studio 6 brands

Motel 6 has gotten a bad rap under Accor, but Blackstone is placing its bets on guests looking for a renovated design at economy prices as it moves the brands into both the international and extended-stay markets.

Blackstone has big (global) plans for newly acquired Motel 6 and Studio 6 brands

Hotels

The world’s largest owner of hotel rooms wants to unload some real estate

Although Blackstone is only publicly speaking about commercial real estate now, it's hard to imagine that the private-equity giant won't look to unload a few of its 185,000 rooms -- or even the Hilton chain itself.