Articles tagged “nh hotels”

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

Hyatt Backs Away From Bid to Buy NH Hotels

Hyatt Backs Away From Bid to Buy NH Hotels

Charles Penty, Bloomberg

Hyatt's attempt to buy NH Hotels may have been foiled but its latest move indicates that the company is hungry for scale, so we should expect it to make some moves going forward.

3 months ago

Minor International CEO Says Hyatt’s Offer for NH Hotels Is Too Late

Minor International CEO Says Hyatt’s Offer for NH Hotels Is Too Late

Charles Penty, Bloomberg

If the battle between Marriott and Anbang over Starwood was any indication, Minor International should know it's not over until the deal is signed. That 44 percent stake should come in handy, but it's not a full 100 percent just yet.

3 months ago

Hyatt Is Making a Play to Take Over NH Hotels

Hyatt Is Making a Play to Take Over NH Hotels

Gillian Tan, Bloomberg

Things just got real interesting. It makes sense that Hyatt would want to scale up after missing out on its Starwood opportunity.

3 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.

4 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

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.

5 months ago

Minor International Pays $225 Million to Boost Stake in Spain’s NH Hotels

Minor International Pays $225 Million to Boost Stake in Spain’s NH Hotels

Patrick Whyte, Skift

With Oceanwood (mostly) checking out and HNA looking to sell, it's all change at NH Hotels. Maybe this will kick off the consolidation in the hotel market that so many have predicted.

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 Fears a Rival May Buy Chinese Investor HNA’s Stake

NH Hotels Fears a Rival May Buy Chinese Investor HNA’s Stake

Patrick Whyte, Skift

NH Hotels has been on a corporate rollercoaster ride over the past couple of years with HNA Group’s minority shareholding being the principle catalyst. Things have quieted down recently but harmony likely depends on the identity of the new investor.

8 months ago

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