Village Hotels’ profit halved as 450 jobs created ahead of takeover Hospitality Village Hotels added more than 450 jobs but saw its pre-tax profit slashed in half in 2023 ahead of it being acquired by Blackstone, it has been revealed.
Knight Frank: Investment in UK hotels jumps 50 per cent in a year Property Major deals by Blackstone, Landsec and Starwood Capital contributed to over £3bn of investment into UK hotels in the first half of 2024, already surpassing the total for last year by 50 per cent, Knight Frank data has revealed.
Blackstone checks in at Village Hotels as takeover announced Business US private equity giant Blackstone has completed the acquisition of Village Hotels, it has been announced.
Hipgnosis Songs Fund pays directors extra £250,000 for work on deal June 17, 2024 If the sale goes through, all fiver directors are expected to step down from the fund.
Blackstone in ‘exclusive’ talks to buy Village Hotels June 4, 2024 Private equity investor Blackstone is reportedly in exclusive talks to buy mid-market chain Village Hotels for circa £850m.
Blackstone ups Hipgnosis takeover bid… by one cent June 3, 2024 Blackstone has upped its offer for Hipgnosis Songs Fund in an attempt to sweeten the deal for shareholders in its takeover pursuit.
Blackstone: Investment manager enters £850m race for Village Hotels May 29, 2024 Private investment giant Blackstone has reportedly entered the £850m auction to buy mid-market hotel chain Village Hotels.
Blackstone triumphs in Hipgnosis bidding war as Concord refuses to raise offer May 9, 2024 The bidding war first broke out on 18 April, after Concord initially offered $1.4bn for the portfolio of the music rights trust.
BT taps Blackstone boss to lead communications team May 2, 2024 British telecoms firm BT has tapped top Blackstone executive Stephen Lewis to join its executive management team and lead all communications.
The Hipgnosis saga shines a spotlight on critical London failings April 30, 2024 Legendary music producer Jimmy Iovine sold his future royalties, including the production rights to the Eminem vehicle movie 8 Mile