Blackstone Trying for Another IPO with La Quinta, Files Papers Publicly This Time


Skift Take

Blackstone had a superb 2013 with several high-profile hotel and other IPOs, but the stock markets are more dicey so far in 2014. Still, Blackstone has shown that it is a highly skilled hotel-chain owner, and this IPO will attract great interest.

After confidentially filing its IPO papers with the Securities and Exchange Commission in late December, Blackstone-owned La Quinta publicly filed its registration statement in a bid to take the midscale brand public. Blackstone would retain control of La Quinta after t