financedlr.skift.com··1 min·For: Owner, Investor, Revenue, GM
Blackstone Acquires Stanly Ranch; U.S. RevPAR Jumps 8.3%
Blackstone has acquired the Stanly Ranch resort through foreclosure, while U.S. lodging data shows a strong 8.3% RevPAR increase driven by group bookings and holiday timing.
Key Takeaways
- 1Monitor the foreclosure market as Blackstone acquires Stanly Ranch in Napa Valley, signaling opportunistic investment trends.
- 2Analyze the 8.3% jump in U.S. RevPAR for late March, driven by strong group demand (+21.7%) and Spring Break timing.
- 3Note significant expansion and acquisition activity including Highline Hospitality’s purchase of Westin Poinsett and Omni’s new Midland groundbreaking.
Source: dlr.skift.com
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