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Search results for “HNA Hospitality Group”
China's outbound travel beats forecast, Alibaba debuts Flyzoo Hotel, and more
12/24/2018
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9:40:50 AM
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Chinese tourists have made 162 million outbound trips before this year ends, Alibaba launched its first “future hotel” Flyzoo, and Ctrip tapped into social networking with a new feature.
Hilton CEO expects China operation to grow 50% in 2018
10/20/2018
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11:47:25 AM
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"Our unit growth this year in China will probably be up 50%, I expect. It’s up a similar amount next year", said Chris Nassetta, CEO of Hilton.
Ctrip records $10m offline daily sales, Alibaba invests in FunNow, and more
08/19/2018
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3:54:23 PM
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Huazhu acquired 71.2% shares of Blossom Hill for RMB 462.9 million; OYO signed 400 hotels and 25,000 rooms in China last month alone; travel service firm KLOOK raised $200 million.
HNA gives up bid to build hotel empire with Radisson sale
08/10/2018
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5:47:59 PM
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HNA Group has agreed to sell Radisson Holdings to a consortium led by hospitality group Jin Jiang International Holdings, according to a Radisson announcement late Thursday.
Jin Jiang weighs bid for $2 billion hotelier Radisson
08/02/2018
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4:27:21 PM
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It would add to more than $17 billion in divestments that HNA has made this year to lower its debt.
Radisson plans to triple rooms in China despite US trade war
06/27/2018
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9:47:33 AM
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The growth trend in China’s travel market is moving away from luxury toward mid-scale, affordable brands.
Thai hotel group Minor to buy stake in NH Hotel from HNA Group
06/07/2018
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2:45:02 PM
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The company aims to raise its interest in NH Hotel to more than 50%.
Minor International pays $225 million to boost stake in Spain’s NH Hotels
05/24/2018
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2:03:20 PM
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The deal will take Minor International’s stake to 9.7%. The single biggest individual shareholder is still HNA Group, which is busy trying to sell off its 30% stake.
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