HNA Hospitality Group, the hotel unit of embattled Chinese conglomerate HNA Group, will make the Carlson Rezidor Hotel Group it acquired a year ago the linchpin of a global expansion plan that includes more than doubling its portfolio in China in five years, says its chairman Bai Haibo.
The group’s focus on Carlson Rezidor comes as no surprise as it would become HNA Hospitality’s only global hotel asset, after it hired banks to find a buyer for its 29.3 per cent stake in Spain…
Source : South China Morning Post
Read more…HNA hotel arm goes all in with Carlson to realise its global ambition
