Blackstone, Starwood Bet On The Long-Term Stay Segment's Resilience

4/22/2020

Investment giants Blackstone Group and Starwood Capital have each acquired equity stakes in Extended Stay America, which operates 632 long-term hospitality properties.

The deals come at a time when the U.S. hospitality industry as a whole has cratered, with occupancies at historic lows and many properties permanently closed.

Read Full Article: bit.ly/2VxGqiN

Comments are closed.

© 2021 lvcrepro.com All Rights Reserved

All content on this Web Site, including, but not limited to text, images, illustrations, audio clips, and video clips, is protected by copyrights, trademarks, service marks, and/or other intellectual property rights (which are governed by U.S. and worldwide copyright laws, privacy and publicity laws), and are owned and controlled by lvcrepro.com, or by third party content providers. Content on this Web Site may not be duplicated, copied, modified, or adapted, in any way without our written permission.

Any reference in this website to any person, business, or organization, or activities, products, or services related to such person, business, or organization, or any linkages from this web site to the web site of another party, do not constitute or imply an endorsement or recommendation.

Blackstone, Starwood Bet On The Long-Term Stay Segment's Resilience

Authors

Archives

Categories