Blackstone said Thursday that it plans to acquire a majority stake in hotel accounting tech company M3 — and more deals in travel tech likely are coming.. The Asian American Hotel Owners ...

Blackstone acquired Village Hotels from KSL Capital Partners to expand in the UK travel sector. The $1 billion deal adds 33 properties and aligns with Blackstone's focus on experiential hospitality.

Lollapalooza is typically the busiest hotel weekend of the year for Chicago. But a Sun-Times search shows average daily hotel room rates during the Democratic National Convention may be nearly $50 ...

Blackstone will acquire AIR Communities, which manages seven Chicago-area apartment properties, for $10 billion. Correction/Clarification This story has been updated to clarify AIR Communities ...

Chicago hotels are getting in on the holiday spirit this season, with holiday pop-up bars, themed holiday suites and more. Here's a roundup of a few of the holiday hotel happenings across Chicago ...

In Plantation, Three Wall paid $20.7 million, or $150,000 per key, for the 138-room Residence Inn. Built in 1996, the four-story hotel sits on 5 acres.

For decades, Chicago's Blackstone Hotel, 636 S. Michigan Ave., has meant history to me: ... There are mirrors, plaster figures and floral elements on the walls, and French doors.

Blackstone purchased the four-hotel portfolio in 2016 for $283M. The entire portfolio was last appraised in October at about $360M, the BBJ reported, down from its 2017 value of $422.5M.

For half-a-century, The Blackstone Hotel, 302 S. 36th St., was the grande dame of Omaha hotels. Sheritha Jones, Omaha World-Herald historian CHRIS MACHIAN, THE WORLD-HERALD ...

Blackstone Inc. is selling a 49.9% stake in MGM Grand Las Vegas and the Mandalay Bay in a $5.5 billion deal with Vici Properties Inc. , the majority owner of the two hotels, the Wall Street ...

Vici Properties, majority owner of the MGM Grand Las Vegas and the Mandalay Bay, has acquired Blackstone's 49.9% stake in both hotels for $5.5B, the largest hotel-casino trade in Las Vegas this year.

Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s landmark Blackstone Hotel is back up for sale. The owners of the Michigan Avenue hotel have hired real ...