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Blackstone and Gic Study the Sale of Hotel Investment Partners
Summary by Hosteltur: Toda La Información De Turismo
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Blackstone and the sovereign fund of Singapore (GIC) re-examine alternatives for the sale of Hotel Investment Partners (HIP), a platform that has 69 hotels and 22,000 rooms in Spain, Italy, France and Portugal, according to El Confidencial. One of the options on the table is the split of part of the assets in a new company, to facilitate the operation. Bloomberg anticipates that the institutional investor has already started a due diligence to r…
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