NEWS & VIEWS

Posts Tagged ‘hotels’

10 June 2016

Blackstone said to gain $200m through exit of hotel property in Hawaii

Private equity heavyweight Blackstone has reportedly agreed to sell the Hyatt Regency Waikiki Beach Resort and Spa for $780m, making around $200m in profit.

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14 March 2016

Buyer of Blackstone’s Strategic hotels linked to $12.8bn Starwood deal

China's insurance group Anbang has been linked to a $12.84bn takeover bid for US hotel operator Starwood, a day after it agreed the $6.5bn buy of Blackstone's Strategic hotels.

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29 February 2016

Actis manages to nearly triple money on Plateno Hotel Group exit $

Emerging markets-focused PE firm Actis has agreed to sell a minority interest in Chinese low-cost hotel chain Plateno Hotel Group at an enterprise value of CNY10bn ($1.53bn).

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5 February 2016

Brookfield, Starwood may exit hotel portfolio in Germany

Brookfield Property Partners and Starwood Capital Group are said to be planning a sale of a German hotel portfolio valued at €700m.

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20 January 2016

Singapore’s Ascendas Hospitality draws more PE investor interest

Real estate private equity investor Starwood Capital Group and Chinese asset manager Fosun International are said to be considering bids for Singapore's Ascendas Hospitality Trust.

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16 December 2015

Carlyle, PAI Partners negotiating second deal in a week on B&B Hotels sale $

PAI Partners and The Carlyle Group have returned to the negotiating table on the sale of B&B Hotels just a few days after agreeing their last mutual deal, PAI's exit of Dutch lingerie Hunkemöller.

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25 November 2015

Battery Ventures to exit hospitality business Trust Group for $154m

Battery Ventures will sell the Trust Group of Companies, a hospitality business it bought in 2013, to US travel industry software supplier Sabre Corp for $154m.

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5 May 2015

ADIA joins $2.4bn Hong Kong hotel deal

A subsidiary of the Abu Dhabi Investment Authority has agreed to team up with Hong Kong-based property major New World Development Company to pick up three hotels for HK$18.5bn, or just under $2.4bn.

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5 November 2014

Blackstone to partially exit Hilton stake in $2.5bn share sale

Private equity major Blackstone is set to drop its stake in hotel group Hilton Worldwide by selling up to 103.5 million of its shares.

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11 August 2014

Fairwood Capital secures nearly $100m for new fund $

Fairwood Capital Real Estate Fund has secured $96.1m from 22 LPs, documents filed with the US Securities and Exchange Commission showed.

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