{"id":94,"date":"2024-06-13T20:38:50","date_gmt":"2024-06-13T17:38:50","guid":{"rendered":"https:\/\/slotsgardennodepositbonus.icu\/2024\/06\/13\/blackstone-acquires-crown-resorts-a-new-era-for-the-hospitality-giant\/"},"modified":"2024-06-17T13:10:20","modified_gmt":"2024-06-17T10:10:20","slug":"blackstone-acquires-crown-resorts-a-new-era-for-the-hospitality-giant","status":"publish","type":"post","link":"https:\/\/slotsgardennodepositbonus.icu\/2024\/06\/13\/blackstone-acquires-crown-resorts-a-new-era-for-the-hospitality-giant\/","title":{"rendered":"Blackstone Acquires Crown Resorts: A New Era for the Hospitality Giant"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/ElZ4rxSEqtA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>## Investment Giant Acquires Renowned Hospitality Group<\/p>\n<p>The prominent investment group, Blackstone, has finalized its purchase of Crown Resorts, a major development in the Asia-Pacific lodging market. This acquisition includes Crown&#8217;s collection of high-end resorts and gaming venues located in Melbourne, Perth, and Sydney. <\/p>\n<p>Alan Miyasaki, who leads Asia Real Estate Acquisitions at Blackstone, conveyed his excitement regarding the purchase, noting, &#8220;We acknowledge the vast potential of Crown Resorts as a frontrunner in tourism and recreation.&#8221; He added, &#8220;Our considerable background in the hospitality sector will be key in realizing this potential and driving the company towards greater success.&#8221;  Miyasaki also stressed Blackstone&#8217;s dedication to collaborating closely with Crown&#8217;s current leadership and workforce.<\/p>\n<p>Blackstone&#8217;s plan for Crown Resorts is evident: to transform these establishments into top-tier entertainment hubs. This entails not only enhancing the visitor experience but also maintaining the strictest standards of regulatory adherence, ethical conduct, and moral soundness.<\/p>\n<p>Steve McCann, Chief Executive Officer of Crown Resorts, expressed his positive outlook on this new phase, stating, &#8220;Becoming part of the Blackstone family represents a significant turning point for Crown Resorts and our devoted team of 20,000 individuals. We are eager to embark on this path together.&#8221; <\/p>\n<p>This acquisition demonstrates Blackstone&#8217;s belief in the strength and possibilities within the Australian tourism and recreation sector. It also highlights their dedication to ethical investment practices and sustainable expansion within the region. <\/p>\n<p>The journey of Crown Resorts has been eventful recently, but there&#8217;s a strong belief that under Blackstone&#8217;s guidance, the company is ideally situated to provide a top-tier entertainment offering with an emphasis on guest well-being and ethical practices.<\/p>\n<p>The resurgence of Australia&#8217;s travel and leisure sector is evident, and the outlook appears positive.  Over the past three decades, Crown has cultivated a dedicated clientele due to its remarkable venues, and it&#8217;s invigorating to witness the renewed vibrancy in Melbourne and Perth, not to overlook the possibilities presented by the Sydney establishment.<\/p>\n<p>With Blackstone&#8217;s support and proficiency, Crown is poised to cement its standing as a global frontrunner in the integrated resort domain. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>## Investment Giant Acquires Renowned Hospitality Group The prominent investment group, Blackstone, has finalized its purchase of Crown Resorts, a major development in the Asia-Pacific lodging market. This acquisition includes&hellip;<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Blackstone Bets Big: Crown Resorts Acquired by Investment Giant<\/title>\n<meta name=\"description\" content=\"The ink is dry! Investment powerhouse Blackstone has officially acquired Crown Resorts, adding a glittering portfolio of luxury hotels and casinos to its empire. What does this mean for the future of high-end hospitality in Australia?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/slotsgardennodepositbonus.icu\/2024\/06\/13\/blackstone-acquires-crown-resorts-a-new-era-for-the-hospitality-giant\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blackstone Acquires Crown Resorts: A New Era for the Hospitality Giant\" \/>\n<meta property=\"og:description\" content=\"The ink is dry! Investment powerhouse Blackstone has officially acquired Crown Resorts, adding a glittering portfolio of luxury hotels and casinos to its empire. 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