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Blackstone Is Exploring the Sale of the 5-Star Grand Wailea Resort in Hawaii [Yahoo! Finance]

Blackstone Inc. (BX) 
Last blackstone inc. earnings: 4/23 06:56 am Check Earnings Report
Company Research Source: Yahoo! Finance
The alternative asset manager is working with a broker to reach out to prospective buyers, people with knowledge of the proceedings told the outlet. However, only preliminary talks are taking place, and Blackstone could decide to retain the property. (A spokesperson for the investment company declined to comment to Bloomberg.) More from Robb Report 'The White Lotus' Season 3: Everything We Know Travel Master Jules Maury on Next Year's Most Exciting New Hotel, and Why Fiji Should Be on Your Radar About 2,500 San Francisco Hotel Workers Are Now on Strike The Grand Wailea is an 845-key, 40-acre hotel branded as a Waldorf Astoria property. It can host events for up to 3,200 guests, and it served as the filming location for scenes in the 2011 movie Just Go With It , starring Jennifer Aniston and Adam Sandler. Blackstone wasn't the owner then, though: The company acquired the Grand Wailea for some $1.1 billion in 2018, Bloomberg reported at the time. While the sale is still up i Show less Read more
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