Articles tagged “nh hotel group”

Minor Hotels Seeks Scale to Capture More of the Chinese Travel Market

Minor Hotels Seeks Scale to Capture More of the Chinese Travel Market

Natnicha Chuwiruch, Bloomberg

In the current business environment, it is a truth universally acknowledged that a single hotelier in possession of a healthy bank account must be in want of more hotels, and more brands.

1 week ago

Making Sense of the Hyatt, NH Hotels, Minor International Saga Thus Far

Making Sense of the Hyatt, NH Hotels, Minor International Saga Thus Far

Deanna Ting, Skift

Would NH Hotel Group have been better off with Hyatt? Perhaps we’ll never know. But maybe there’s another company out there that isn’t afraid to get into a bidding war with Minor?

3 months ago

Spain’s Barcelo Eyes HNA’s Stake in NH Hotels

Spain’s Barcelo Eyes HNA’s Stake in NH Hotels

Vinicy Chan and Manuel Baigorri, Bloomberg

Despite having an offer turned down earlier this year, Barcelo still appears keen on NH Hotels. Buying a minority stake would likely be the first step to consolidation within the Spanish hotel sector.

5 months ago

Apple Leisure Partners With NH Hotels to Expand All-Inclusive Brands in Europe

Apple Leisure Partners With NH Hotels to Expand All-Inclusive Brands in Europe

Skift, Deanna Ting

While this is a pairing that does make sense on some level — Apple wants to leverage NH's regional expertise — it's also an interesting one between a primarily all-inclusive hospitality expert and an urban hotel company.

5 months ago

Barcelo Will Insist on Doing Other Deals After NH Hotels Rejection

Barcelo Will Insist on Doing Other Deals After NH Hotels Rejection

Patrick Whyte, Skift

Medium-sized hotel companies know they need scale to compete. With NH Hotels open to consolidation and Barcelo still keen on doing deals, it doesn’t look like we’ve heard the end of this story.

7 months ago

NH Hotels Turns Down Barceló Merger Offer But Is Open to Others

NH Hotels Turns Down Barceló Merger Offer But Is Open to Others

Patrick Whyte, Skift

NH Hotels may have turned down this approach, but it has not closed the door on others. And with minority shareholder HNA Group looking to raise cash, it wouldn't be a surprise to see another offer sooner rather than later.

9 months ago