HNA Group has unveiled plans to divest part or all of its 25 per cent stake US hotel chain Park Hotels & Resorts. A potential deal could be worth up to $1.6 billion.
HNA Group has appointed banks to seek out buyers of its majority stake in NH Hotel Group of Spain. The move comes after NH itself turned down a takeover offer from peer Barcelo.
Chinese investment group HNA has opened its first European property, the high-end Oriental-designed Tangla Hotel Brussels. Like the rivers flowing from the Tanggula Mountains, Tangla Hotel Brussels brings serenity to its guests.
Two world leaders in luxury hospitality, Deer Jet and HNA Hospitality Group, have launched a joint rewards programme for travellers worldwide. The agreement between the two companies gives the right to customers to accumulate and redeem points across services and products of both companies.
Air France has entered into exclusive discussions with HNA Group for the sale of its in-flight catering unit Servair with a view to creating the world-class leader in inflight catering. Following the takeover of gategroup by HNA on earlier this month, gategroup is now stepping into the transaction, acquiring control over Servair as of January 1st.
HNA Tourism Group, a division of HNA Group, and Carlson Hospitality Group today announced they have entered an agreement for the acquisition of Carlson Hotels. The deal covers Quorvus Collection, Radisson Blu, Radisson, Radisson RED, Park Plaza, Park Inn by Radisson, Country Inns & Suites By Carlson brands and the Club Carlson global hotel rewards program.
HNA Tourism Group’s hospitality branch HNA Hospitality Group and NH Hotel Group announced the launch of the joint venture NH China and the Chinese hospitality brand “Nuo Han”. The brand represents a promise to meet the guest expectations and bring them a brilliant future. Also announced its ambitious development plans including two new hotels under NH Hotels branding to enter in the China market before the end of the year.
HNA Tourism Group, the strategic tourism business conglomerate of HNA Group, has been crowned as the World’s Leading Integrated Tourism Group at the World Travel Awards Grand Final hosted in El Jadida, Morocco. In doing so, HNA Tourism becomes the first ever Chinese company to receive the award and is the only company to hold the award at all three levels, China, Asia and the world.
HNA Tourism Group has announced a US$500 million investment for a 24.1 per cent stake in Chinese leading online travel company Tuniu Corp. HNA Tourism will purchase Tuniu’s newly issued Class A ordinary shares for US$5.50 per share, or the equivalent of US$16.50 per American Depositary Share.
NetEase, one of China’s leading Internet and online game services providers, has announced that its wholly-owned subsidiary Lede Technology has signed a partnership agreement with HNA Group to form a joint venture company. The new venture will establish an all-new internet travel company. In December 2014, the two companies had signed a strategic framework cooperation agreement to become partners in the sectors of Internet travel and travel finance.