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Blackstone Group, L.P.

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  • New projects abound in Baltimore's challenging hotel market

    New projects abound in Baltimore's challenging hotel market
    The historic Lord Baltimore Hotel sits a block away from the Sheraton Baltimore City Center, but less than a week after the 1926 landmark celebrated a multimillion-dollar restoration, the owners of the aging Sheraton on Fayette Street warned of mass layoffs and a potential shutdown.
  • Sheraton City Center warns of layoffs

    Sheraton City Center warns of layoffs
    The management of the Sheraton Baltimore City Center warned the state Tuesday that it expects to lay off the majority of its workforce by the end of May and the large Fayette Street hotel could close. The notice filed with the Department of Labor,...

    The week ahead for December 9-15: Hilton IPO; quarterly industrial data; IP changes [Pictures]

    The week ahead for December 9-15: Hilton IPO; quarterly industrial data; IP changes [Pictures]
    (Reuters) - Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion in the biggest-ever hotel IPO, more than doubling Blackstone Group LP's investment. According to reports last week, Hilton is expected to launch its...

    Part one: Zell's big gamble

    Part one: Zell's big gamble
    Aside from the business suit he was wearing, which he joked was rented for the occasion, Sam Zell was never more himself than when he appeared at a New York lender conference in April 2007 to hawk his $8.2 billion buyout of Tribune Co. Slinging one-...

    Engagement: Horst to wed McCann

    Dick and Brenda Horst, of Ellicott City, announce the engagement of their daughter, Megan Nicole Horst, to Timothy Gerald McCann, son of James and Lucille McCann, of Wappingers Falls, N.Y. The bride-to-be is a 2001 graduate of Centennial High School...