Hotel Value for Frequent Guests
Tag Archives for Blackstone Group.
Blackstone investment group purchased Hilton Worldwide at the height of the real estate bubble in 2007 for $26.7 billion and took the lodging company private. This week Blackstone made Hilton a publicly traded entity by selling 117.6 million shares around $20 each. Insiders report investor demand exceeded supply. Hilton raised $2.34 billion on Wednesday in…
Forbes has an interesting article published this week by Carole Tice on Twitter IPO versus Hilton IPO: How They Stack Up. There are a couple of points made in the piece I want to share. The bottom line of the article is an online business can grow and then fall out of favor when a…
Hilton Worldwide Holdings based in McLean, Virginia has filed for an initial public offering (IPO) of $1.25 billion in the U.S. The hotel lodging company, owned by Blackstone Group, will be the largest hotelier IPO offer since Hyatt went public in 2009 with a $1.09 billion IPO. Blackstone paid $26 billion for Hilton Worldwide in…
Blackstone Group is the owner of Hilton Worldwide, La Quinta and Extended Stay America hotel chains and one of the biggest real estate owners in the U.S. The company is reported to be seeking a buyer for La Quinta hotels or a possible public offering. Blackstone bought La Quinta Inn for $2.3 billion in 2006.…
Gary Leff spouted off this morning about La Quinta Inns being an unsuitable hotel chain for the way he likes to travel. My god, they don’t even have room service! And even though he has never slept at a La Quinta Inn, he implies the housekeeping staff does not clean the rooms to the same standard…
by Ric Garrido
Take this Hawaii Dollar and break it in the sand. Just step on it and let it snap like a beautiful sand dollar shell cracking under the feet of unobservant tourists. Crumble Hilton HHonors Hawaii Dollars into tiny grains since using this option for spending your HHonors points has as much appeal as a sand…
Loyalty Traveler has been my travel writing business since April 2006. Loyalty Traveler blog is primarily about hotel and airline loyalty programs, hotel brands and airline fare sales and industry news. Read more... 