Strategic Hotels & Resorts announced shareholders' approval of the sale of all available shares in the Blackstone group. The transaction will be finalized tomorrow.
Investment funds specialized in the luxury industry, Strategic Hotels & Resorts is at the head of a portfolio of 17 properties in the United States, representing a total of close to 7,921 rooms and around 847,000 square meters. These hotels are operated under international brands such as Four Seasons, Ritz Carlson Fairmont, Westin, InterContinental and Loews. Blackstone thus realizes the biggest transaction on the American market in recent years.
- Blackstone acquires a new hotel in the United States
- Strategic Hotels & Resorts, luxury hotel REIT, now on the market
- AccorHotels acquires FRHI Hotels & Resorts
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