Articles tagged “blackstone”

Hotels

Oyo to Buy Motel 6 for $525 Million in U.S. Expansion Bid

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.

Sean O'Neill | 12 hours ago

Oyo to Buy Motel 6 for $525 Million in U.S. Expansion Bid

Hotels

Skift Power Rankings: Jonathan Gray

He took a risky bet in 2007 on Hilton and it just may have been the “best leveraged buyout ever.”

Meghna Maharishi | 2 weeks ago

Skift Power Rankings: Jonathan Gray

Travel Technology

Blackstone to Invest in Hotel Tech Company, M3 – ‘Many More’ Deals to Come

There's a lot of opportunity for strategic growth investment in travel tech, and Blackstone wants to jump in.

Justin Dawes | 1 month ago

Blackstone to Invest in Hotel Tech Company, M3 – ‘Many More’ Deals to Come

Podcasts

Xbox’s Travel Insights, Southwest’s Critics and Blackstone’s UK Expansion

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

Rashaad Jorden | 3 months ago

Xbox’s Travel Insights, Southwest’s Critics and Blackstone’s UK Expansion

Hotels

Blackstone Bets on UK Travel Sector with Village Hotels Takeover

The deal for the 33-hotel chain is reportedly worth $1 billion.

Sean O'Neill | 3 months ago

Blackstone Bets on UK Travel Sector with Village Hotels Takeover

Business Travel

TravelPerk Acquires AmTrav, Doubling U.S. Revenue

TravelPerk has joined a group of business travel companies making acquisitions this year, and industry decision makers say there are more to come.

Justin Dawes | 3 months ago

Hotels

Blackstone Weighs Sale of Motel 6 Owner: Report

A famous investment firm is leaving the light on for potential buyers of its budget hotel portfolio.

Sean O'Neill | 5 months ago

Blackstone Weighs Sale of Motel 6 Owner: Report

Daily Lodging Report

Blackstone Raises a $30 Billion Investment Fund

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.

1 year ago

Business Travel

Offices Find New Ways to Compete With Hotels For Remote Workers

Companies that went hybrid are now being urged to "reuse" their office spaces by renting them out to other remote workers. Here we go again.

Matthew Parsons | 1 year ago

Offices Find New Ways to Compete With Hotels For Remote Workers

Hotels

Blackstone, Starwood, Other Big Hotel Investors Prep for Dealmaking Rush Later This Year

When every investor in a sector says they're "cautiously optimistic," watch out.

Sean O'Neill | 2 years ago

Blackstone, Starwood, Other Big Hotel Investors Prep for Dealmaking Rush Later This Year