The hotels will continue to be operated by Louis Group under the management of HIP. : Blackstone Real Estate Partners Europe has agreed a €178.6m deal to buy five hotel businesses in Greece. The $154bn (€140m) real estate investor is buying the Greek hotels with 1,464 rooms from Louis Group. The hotels include the Corcyra Beach, Grand Hotel, Zante Beach and Plagos Beach and the Creta Princess hotel. Blackstone said the hotels will continue to be operated by Louis Group under the management of HIP, a hospitality company owned by Blackstone managed funds.