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Search results for “The Blackstone Group”
Blackstone-funded Edyn aims to glam up Europe’s extended-stay hotel market
07/18/2022
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3:31:19 PM
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Edyn expects to earn a multi-billion euro valuation within a couple of years.
Global hotel deals reach $30B in H1 2021
09/01/2021
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4:35:53 PM
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70 percent of investors anticipate their property portfolio revenue per available room will return to 2019 levels in three to four years.
UK investor group makes move for Anbang’s luxury hotel portfolio
07/10/2019
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5:59:41 PM
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Anbang bought the properties’ owner, Strategic Hotels & Resorts Inc., from Blackstone Group LP for about $6.5 billion in 2016.
LVMH close to $2.6 billion deal to buy Belmond
12/14/2018
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12:14:29 PM
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Potential buyers weighing an offer for all or part of the company included KSL Capital Partners LLC, Blackstone Group LP, KKR & Co. and Ashkenazy Acquisition Corp., people familiar with the matter told Bloomberg.
Hilton CEO expects China operation to grow 50% in 2018
10/20/2018
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11:47:25 AM
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"Our unit growth this year in China will probably be up 50%, I expect. It’s up a similar amount next year", said Chris Nassetta, CEO of Hilton.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018
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10:51:01 AM
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Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Inside Airbnb’s battle to stay private
02/07/2018
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9:09:51 AM
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Airbnb's founders and early employees have little financial incentive to push for an IPO; Sequoia Capital, as the largest outside shareholder with a 13% stake didn’t support its IPO either.
China updates 'sensitive sectors' for outbound investment in hotels
02/13/2018
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3:56:49 PM
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China updated its list of "sensitive sectors" on February 11 for outbound investment in properties, hotels, cinemas, entertainment, sports clubs and equity investment funds.
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