Tag: Blackstone Group
This Week’s Deal Report: Red Lion Atlanta Airport, Bellagio, and More
RLH Corporation has closed on the sale of its Red Lion Airport Hotel Atlanta for $12.25 million in gross proceeds. The Red Lion Airport...
Blackstone Allegedly Planning $1.1 Billion Sale
Blackstone Group is rumored to be selling hotels operated under Hilton Worldwide Holdings’ DoubleTree brand in London, Dublin, and Amsterdam for an estimated $1.1...
Blackstone Group Invests $170 Million in IBS
Global travel, transportation, and logistics technology major IBS Software announced today that it will receive $170 million private equity investment from the Blackstone Group...
Blackstone Group Sells London Hotel for $382 Million
Blackstone Group has sold the London Hotel in Midtown to a sovereign wealth fund for $382 million, reports the New York Post. The transaction...
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...