Venerable Biltmore plans $300 mil face lift Jul 30, 2008
1999: Sold to Boca Resorts Inc. of Florida, for $290 million. 2000: Sold to KSL Resorts for $335 million. (AZCentral -- News)
Pier 66 wants to add 65 condos Mar 18, 2007
Pier 66 was acquired in 2005 by Blackstone Group, as part of the $1 billion purchase of Boca Resorts Inc. Since then, about $14 million has been budgeted for improvements, including $10 million for room renovations. The pool areas have been relandscaped and the lounge atop the hotel's 17-story tower, which once was open to the public, became a private banquet facility as part of a $2 million renovation. (Sun-Sentinel.com)
Four Seasons OKs Management Buyout Feb 13, 2007
Blackstone Group has been a major force, with deals to acquire MeriStar Hospitality Corp., Extended Stay America Inc., Prime Hospitality Corp., Boca Resorts Inc., Wyndham International Inc. and La Quinta Corp.. Four Seasons operates about 70 hotels and resorts throughout the world for a variety of owners. (SmartMoney)
Arizona resorts scooped up Jan 20, 2007
1998: Sold to Boca Resorts Inc. of Florida, for $290 million. 2000: Sold to KSL Recreation Corp., for $335 million. (AZCentral -- Business)