Articles tagged “hna”

Radisson Hospitality in the Dark Over HNA’s Plans

Radisson Hospitality in the Dark Over HNA’s Plans

Patrick Whyte, Skift

Given HNA's willingness to sell many of its other assets, offloading the Radisson Hotel Group looks like a likely scenario.

3 weeks ago

Co-Chairman of Former Hilton Shareholder HNA Dies in Fall in France

Co-Chairman of Former Hilton Shareholder HNA Dies in Fall in France

Prudence Ho and Geraldine Amiel, Bloomberg

2 months ago

Hainan Air Plans to Raise $1 Billion in Sale of Shares to Multiple Investors

Hainan Air Plans to Raise $1 Billion in Sale of Shares to Multiple Investors

Bloomberg

Hainan Air is making several restructuring moves as parent HNA Group sells off assets to ease its debt load. It will likely still be some time before the dust settles and the carrier finds some stability.

2 months ago

Thailand-Based Hotel and Restaurant Giant Minor to Take Over NH Hotels

Thailand-Based Hotel and Restaurant Giant Minor to Take Over NH Hotels

Deanna Ting, Skift

AccorHotels and the rest of the hotel industry have some competition in their respective quests to get bigger.

2 months ago

HNA Sale of Stake in NH Hotels Could Draw Growing List of Bidders This Week

HNA Sale of Stake in NH Hotels Could Draw Growing List of Bidders This Week

Vinicy Chan, Sarah Syed and Manuel Baigorri, Bloomberg

There's a bright side to HNA's Chinese government-induced sale of its stake in Spain's NH Hotels: The disposal could turn into a downright bidding war.

3 months ago

Anbang’s Multiple Hotel Investments Are Likely to Be for Sale

Anbang’s Multiple Hotel Investments Are Likely to Be for Sale

Vinicy Chan, Dinesh Nair, and Steven Yang , Bloomberg

Guess it's a good thing Anbang didn't win out over Marriott to acquire Starwood Hotels and Resorts after all.

4 months ago

HNA Sale of Hilton Stock Could Be Worth $6.5 Billion

HNA Sale of Hilton Stock Could Be Worth $6.5 Billion

Deanna Ting, Skift

No doubt most Wall Street analysts and Hilton shareholders are likely happy about this news. We do, however, have to wonder how Carlson Hotels, which is 100 percent owned by HNA, is taking this recent news.

4 months ago

China’s Biggest Hospitality Dealmakers May Be Sidelined for Good

China’s Biggest Hospitality Dealmakers May Be Sidelined for Good

Daniel Meesak, Jing Travel

Just two years ago, insurance company Anbang surprised the world with its bid to buy Starwood. Now it and other Chinese companies that went on global shopping sprees are stuck with an impossible bill — and a government that doesn't approve of the purchases.

4 months ago

What Now for Hilton After HNA Sells Stake?

What Now for Hilton After HNA Sells Stake?

Deanna Ting, Skift

Now the question arises, who will buy the HNA stake and what does it all mean for Hilton?

5 months ago

China’s Super Aggressive Sunac Picking Up Troubled Travel Assets

China’s Super Aggressive Sunac Picking Up Troubled Travel Assets

Daniel Meesak, Jing Travel

Sunac's valuation is skyrocketing as it buys up other companies' assets to fuel its own growth. But will its strategy backfire as debt mounts? And what does all the turnover mean for the travel industry in China?

5 months ago

Is Hilton Hotels Next on HNA’s Asset-Selloff List?

Is Hilton Hotels Next on HNA’s Asset-Selloff List?

Patrick Clark, Bloomberg

While Hilton can probably weather through a sale of its shares owned by HNA, the bigger question is what happens to a company like Carlson Hotels, which is now 100 percent owned by HNA?

5 months ago

HNA Group Sells Stake in Hilton Grand Vacations for $1.1 Billion

HNA Group Sells Stake in Hilton Grand Vacations for $1.1 Billion

Prudence Ho, Bloomberg

HNA Group has achieved what nobody thought possible: Making money on a time-share investment.

5 months ago