Blackstone Eyes Hospitality-Linked Real Estate As Travel Spikes

  • Blackstone President Jon Gray wants to increase exposure to hospitality-linked real estate.
  • Blackstone “de-emphasized” properties related to leisure. It’s currently 7% of the firm’s portfolio.
  • Vaccinated passengers are returning to the skies after last year’s shelter-in-place orders.

Blackstone’s President and Chief Operating Officer Jonathan Gray is confident folks will return

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