|
Bethesda's DiamondRock To Pay $495M For Hotels
Posted: 07-10-2012 05:44 am
Bethesda-based DiamondRock Hospitality Co. has agreed to buy for hotels from Blackstone Real Estate Partners for $495 million, and Blackstone will take a stake in DiamondRock as part of the deal. DiamondRock also plans a secondary stock offering to fund the acquisitions.
Comments
Related Headlines
- Latin American Herald Tribune - Beckham Travels to China to Raise Profile of Soccer
Retired soccer great David Beckham is in China to build enthusiasm for the beautiful game in the world’s most populous country, though fans are pretty discouraged at the moment over the poor performance of their national team.
- Air travel picks up IndiGo stays on top Jet Airways grabs second slot
NEW DELHI: The holiday season spurred a mild revival in demand for air travel and the month of May witnessed positive growth in air traffic after almost 15 months of decline. According to data furnished by aviation regulator DGCA, domestic airlines together carried 57.1 lakh passengers last month, recording a growth of 5%, compared with May 2012. It also reflects a sharp jump of seven lakh ...
-
-
-
