Blackstone Takes Stake in Hotel Owner Sunstone as Private Equity Eyes More Lodging Deals
The private-equity firm Blackstone Group bought a minority stake in Sunstone Hotel Investors, which owns and operates 15 U.S. hotels.
Source: skift.com
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Top News In Spring Suites Today - Breaking & Trending Today
Where Choice Hotels' Radisson Acquisition Could Supercharge Growth
Choice Hotels, the operator of brands like Comfort and Quality Inn, discussed its acquisition of Radisson in the Americas.
Source: skift.com
Why Extended Stay Hotels Aren't in Just a Hype Cycle
Extended-stay hotels have favorable, long-term tailwinds, according to Mark Skinner, a partner at the Highland Group.
Source: skift.com
This Is America's Best Bargain Hotel, According to Travelers
Customer satisfaction is down overall, but this chain is your best best for an economy hotel.
Source: moneytalksnews.com
Half A Dozen Firms Guided Top Q1 Hospitality M&A Deals
Simpson Thacher and Jones Day were among the half-dozen law firms that handled the largest hospitality mergers and acquisitions of the first quarter, a slow period that saw only three transactions north of the $300 million mark amid concerns over the omicron wave and the war in Ukraine.
Source: law360.com