Blackstone

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May222012

Blackstone buys Motel 6 chain from Accor

Accor Hotels, the French-based hotel group that has the largest proportion of branded hotel rooms in Europe, has sold the US based Motel 6 chain for US$1.9B to Blackstone, a U.S. private equity group that also owns Hilton and La Quinta hotel chains. After all the high finance maneuvers Accor will be left with about…

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