https://www.breakingtravelnews.com/tags/tag/blackstone/ Blackstone News en Breaking Travel News Copyright 2026 2026-04-19T10:38:20+00:00 https://www.breakingtravelnews.com/news/article/blackstone-completes-acquisition-of-crown-resorts/ https://www.breakingtravelnews.com/news/article/blackstone-completes-acquisition-of-crown-resorts/ Blackstone has announced that real estate funds and private equity funds managed by Blackstone (“Blackstone”) have completed the acquisition of Crown Resorts Limited (“Crown”) in the largest transaction to date for the firm in Asia Pacific. Wed, 29 Jun 2022 17:30:35 +0000 https://www.breakingtravelnews.com/news/article/blackstone-completes-sale-of-the-cosmopolitan-of-las-vegas/ https://www.breakingtravelnews.com/news/article/blackstone-completes-sale-of-the-cosmopolitan-of-las-vegas/ Blackstone has announced that Blackstone Real Estate Partners VII L.P. has completed the previously announced sale of The Cosmopolitan of Las Vegas for $5.65 billion. Sat, 21 May 2022 09:10:51 +0000 https://www.breakingtravelnews.com/news/article/blackstone-group-to-sell-strategic-hotels-for-6.5bn/ https://www.breakingtravelnews.com/news/article/blackstone-group-to-sell-strategic-hotels-for-6.5bn/ Blackstone Group LP has agreed to sell Strategic Hotels & Resorts to Anbang Insurance Group of China. According to Bloomburg Business, the deal will be valued at $6.5 billion and comes just three months after Blackstone purchased the US luxury-resort company. Mon, 14 Mar 2016 11:10:37 +0000 https://www.breakingtravelnews.com/news/article/accor-completes-motel-6-sales-to-blackstone/ https://www.breakingtravelnews.com/news/article/accor-completes-motel-6-sales-to-blackstone/ Accor has announced the completion of the sale of its Motel 6/Studio 6 hotels in North America to an affiliate of Blackstone Real Estate Partners. The deal is worth approximately $1.9 billion and will allow the French hotel giant to reduce its adjusted net debt by €780m. Thu, 04 Oct 2012 12:37:30 +0000 https://www.breakingtravelnews.com/news/article/blackstone-group-acquires-mint-hotel-chain/ https://www.breakingtravelnews.com/news/article/blackstone-group-acquires-mint-hotel-chain/ The Mint hotel chain has been acquired by private equity group, Blackstone, according to reports. Sun, 18 Sep 2011 12:54:05 +0000 https://www.breakingtravelnews.com/news/article/blackstone-begins-1bn-refinancing-of-center-parcs-to-fund-expansion/ https://www.breakingtravelnews.com/news/article/blackstone-begins-1bn-refinancing-of-center-parcs-to-fund-expansion/ Blackstone has begun a £1bn refinancing of Center Parcs, the indoor holiday village business, in order to fund the opening of a fifth UK resort. Sun, 26 Jun 2011 20:46:09 +0000 https://www.breakingtravelnews.com/news/article/cvc-capital-buys-2.25bn-stake-in-merlin/ https://www.breakingtravelnews.com/news/article/cvc-capital-buys-2.25bn-stake-in-merlin/ Private equity firm CVC Capital Partners has acquired a 28 percent stake in theme park operator Merlin Entertainments for £2.25bn. Blackstone meanwhile reduces its stake and Dubai International Capital disposes of its remaining shares. Tue, 29 Jun 2010 07:23:04 +0000 https://www.breakingtravelnews.com/news/article/blackstone-postpones-merlin-float/ https://www.breakingtravelnews.com/news/article/blackstone-postpones-merlin-float/ Severe market volatility in the Eurozone has forced Blackstone to postpone plans to float Merlin Entertainments, the operator of Madame Tussauds and Legoland, just 24 hours after shelving plans for a £1.2bn listing of Travelport. Fri, 12 Feb 2010 17:31:57 +0000 https://www.breakingtravelnews.com/news/article/travelport-shelves-1.2bn-ipo/ https://www.breakingtravelnews.com/news/article/travelport-shelves-1.2bn-ipo/ Travelport has shelved plans for a £1.2 billion float on the London Stock Exchange due to the continuing weakness of the IPO market. The US airline and hotel reservations company cited “volatility” in world markets for the abrupt withdrawal. The move will also serve as a dampener to owner Blackstone, which plans to list theme park operator Merlin next week. Thu, 11 Feb 2010 11:02:00 +0000 https://www.breakingtravelnews.com/news/article/travelport-floatation-tests-market-conditions/ https://www.breakingtravelnews.com/news/article/travelport-floatation-tests-market-conditions/ Travelport has revealed more details of its planned listing on the London Stock Exchange valuing the business at between £1.9bn and £2.2bn. Wed, 03 Feb 2010 14:42:56 +0000 https://www.breakingtravelnews.com/news/article/merlin-to-open-legoland-florida-ahead-of-2bn-floatation/ https://www.breakingtravelnews.com/news/article/merlin-to-open-legoland-florida-ahead-of-2bn-floatation/ Merlin Entertainment, the operator of Madame Tussauds and the London Eye, has bought a 145-acre site in Florida for a Legoland resort that will go head-to-head with Disney. The Blackstone-owned operator is also gearing up for a £2bn London stock market floatation before Easter. Fri, 22 Jan 2010 12:00:30 +0000 https://www.breakingtravelnews.com/news/article/btn20050817142307254/ https://www.breakingtravelnews.com/news/article/btn20050817142307254/ Having finalized the acquisition ofWyndham International, Inc., affiliates of Blackstone Real Estate Advisorstoday announced the formation of LXR Luxury Resorts, an extraordinary newcollection of luxury properties that will include some of the most treasuredluxury hotels, resorts, spas, golf clubs and marinas in the U.S., Puerto Ricoand the Caribbean.  LXR Luxury Resorts will be comprised of 14 of Wyndham’spremier owned and operated properties as well as seven hotels and resorts fromBlackstone’s Boca Hospitality Collection and Prime Hospitality holdings. Wed, 17 Aug 2005 14:23:27 +0000