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Search results for “Blackstone Group”
Blackstone’s $12 Billion Gain on Hilton Shares Highest in Private Equity History
07/22/2014
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10:09:07 AM
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The Blackstone Group has done pretty well so far on its 2007 acquisition of Hilton Worldwide for $26 billion as the recession kicked in — historically well.
Airbnb’s threat to hotels may be structural, going beyond tax fight
08/27/2015
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6:07:44 PM
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Airbnb, originally a short-term rental listings platform, may become a direct threat to hotels, according to some asset managers and chain executives.
Blackstone spends $1.3 billion on hotel real estate others are shedding
03/31/2015
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5:57:12 PM
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Blackstone Group LP agreed to buy three high-end U.S. hotels for about $1.3 billion from a group led by Paulson & Co., according to a person with knowledge of the transaction.
Orbitz gives In, hires bankers to find a buyer
01/21/2015
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5:34:03 PM
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With Travelocity seemingly on the verge of getting officially acquired by Expedia Inc., Orbtiz Worldwide may soon get a new owner, as well.
Travelport Worldwide Limited Reports Third Quarter 2014 Results
11/07/2014
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8:30:13 AM
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Travelport Solid Q3 performance and year-on-year growth continues – Net revenue up 3% and Adjusted EBITDA up 4%.
Waldorf Astoria hotel sold to Chinese insurance firm
10/07/2014
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4:16:36 PM
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New York's iconic Waldorf Astoria hotel has been sold by Hilton Worldwide to Chinese firm Anbang Insurance Group for $1.95bn (£1.22bn).
Extended Stay Raises $565 Million in Its IPO, Starts Trading Tomorrow
11/15/2013
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10:02:22 AM
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Extended Stay America Inc., the largest owner of mid-price long-stay hotels in the U.S., raised $565 million in a initial public offering, almost tripling the return on paper for its private-equity and hedge fund owners.
Biggest hotel groups and brands of 2013: American companies still dominate
04/09/2013
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10:17:18 AM
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American and then European companies still dominate the rankings of the biggest hotel groups and brands as of 2013, according to a survey by hospitality research and consulting firm MKG Group.
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