Private Equity Investor Blackstone Downplays Its Pain From Battered Hotels

Private Equity Investor Blackstone Downplays Its Pain From Battered HotelsJuly 23, 2020

Dimhou  / Pixabay

Blackstone attributes its continued real estate strength to only 13 percent of its portfolio coming from the hotel and retail sector. Dimhou / Pixabay

Skift Take: Blackstone may not have a lot of exposure to the hotel industry today, but that doesn’t mean the investment firm isn’t on the hunt for distressed hospitality investment opportunities during the pandemic.

— Cameron Sperance

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