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Blackstone to Pay $39 Million Settlement

The Securities and Exchange Commission (SEC) has announced that three funds managed by the Blackstone Group would pay approximately $39 million to settle a case over how the firm imposes fees, reports The New York Times. The SEC said that ...

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Trump Hotel in Washington, D.C. Lands BLT Prime

Following Donald Trump’s inflammatory comments about Mexican immigrants, a number of hotel companies severed ties with Trump Hotel Collection. Celebrity chefs José Andrés and Geoffrey Zakarian, both set to open restaurants in the forthcoming Trump Hotel in Washington, D.C.’s Old ...

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Sam Nazarian Sells Stake in SLS Las Vegas

Sam Nazarian, founder and CEO of SBE Entertainment Group, has agreed to sell his minority stake in the SLS Las Vegas hotel, which opened in August 2014. His company will also give up management of the company, according to The ...

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Under New NLRB Ruling, Workers File Charges Against Hilton

LOS ANGELES—According to UNITE HERE Local 11, four subcontracted housekeepers filed unfair labor practice charges last week against the DoubleTree by Hilton Ontario Airport, owned by the Blackstone Group’s Hilton Worldwide, reports MarketWatch. This is the first effort by California ...

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White Lodging to Pay City of Austin $2.4 Million

A labor dispute that has been ongoing for years ended on Oct. 1 when the Austin City Council approved a settlement that requires White Lodging to pay the city $2.4 million, according to KVUE ABC. In 2011, the council approved ...

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