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CEO Jim Amorosia on the Growth of Motel 6 and Studio 6

Jim Amorosia, CEO of Motel 6 and Studio 6, has his company midway through enacting an ambitious growth plan fueled by the Blackstone Group’s...

La Quinta to Raise Up to $781 Million in IPO

Blackstone-backed La Quinta is seeking to raise as much as $781 million in its U.S. initial share sale. La Quinta plans to sell 37.2...

La Quinta Releases Amended IPO Details

It looks like La Quinta is heading back to the New York Stock Exchange, according to this tidbit from Nasdaq.com. The budget hotel operator, owned...

Blackstone Files for La Quinta IPO

Following the successful and lucrative initial public offering for Hilton Worldwide, Blackstone has officially filed with the SEC to take La Quinta public. According to...

Sage Assumes Management of Eight Blackstone-Owned Hotels

DENVER—Sage Hospitality recently began management contracts with eight hotels owned by Blackstone and plans to transition one more next month. The nine-hotel portfolio includes...
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