The Blackstone Group, which is raising the world’s biggest buyout fund, agreed to acquire La Quinta for $2.28 billion, its third hotel purchase this year. La Quinta adds a mid-priced chain to ...

Capital Insight purchased the extended-stay hotel near Redondo Beach for $54 million, or about $218,000 per key.

The Blackstone Group agreed to acquire MeriStar Hospitality Corporation for about $2.6 billion, the buyout firm’s fifth hotel takeover in the past year. Blackstone will pay $10.45 a share for Bethesda ...

Global alternative asset manager Blackstone has entered into an agreement to acquire Queensland’s Hamilton Island from the Oatley family.

The deal for the 33-hotel chain is reportedly worth $1 billion. This move signals Blackstone’s continued bullishness on experiential hospitality and leisure, particularly in the UK market. The deal ...

NEW YORK (Reuters) - Host Hotels & Resorts Inc said on Monday Chief Financial Officer W. Edward Walter will become its new chief executive after Blackstone Group poached its current CEO to run ...

(Reuters) - Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion (£1.45 billion) in the biggest-ever hotel IPO, more than doubling Blackstone Group LP's investment.