Article

2024-09-22 Economy

Blackstone to sell Motel 6 chain, parent company for $525M

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Posted by Frank G 2024-09-22 00:00|| || Front Page|| [11124 views ] Top

#1 Blackstone is a non public company so who know what the numbers really are.

For a while they held the LaQuinta chain. I think they still own the Hilton chain.

Posted by Lord Garth 2024-09-22 00:23|| 2024-09-22 00:23|| Front Page Top

#2 Blackstone pawned all the hotel lobby pictures of Eisenhower and Carter and probably replaced all the copper pipes with plastic…. Time to sell.

Price of 525million seems low for a company that made a billion over the last 12 years.

Posted by Airandee 2024-09-22 07:39|| 2024-09-22 07:39|| Front Page Top

#3 We'll turn off the light for ya.

Posted by ed in texas 2024-09-22 11:24|| 2024-09-22 11:24|| Front Page Top

#4 Either way, their "customers" will be illegals and will be paid by US taxpayers.

Posted by Regular+joe 2024-09-22 12:29|| 2024-09-22 12:29|| Front Page Top

#5 Trump winning signals the looming end to subsidized "slum-lords-r-us" level housing for immigrants, and the deferred maintenance overhang will be catastrophic, so take the low-ball and dump now!

Posted by NoMoreBS 2024-09-22 15:35|| 2024-09-22 15:35|| Front Page Top

#6 "You gotta know when to fold em."

Posted by Besoeker 2024-09-22 17:04|| 2024-09-22 17:04|| Front Page Top

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