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Carlson Hospitality Sell Out to Chinese Group

Category: Hotels, Posted:29 Apr 2016 | 14:27 pm

The China syndrome is continuing to make hotel headlines on news that the Carlson Hospitality Group has entered into a sales agreement with the Chinese conglomerate HNA.

Carlson’s brand stable includes Radisson, Park Plaza and Inns and Country Inns and Suites.

While no details of the deal are available as Carlson is a privately held company, industry estimates have topped the USD2 billion level.

The transaction comes at time when ACCOR is in the process of finalizing the Fairmont Raffles transaction and the Marriott Starwood (Marwood) marriage is in the process of completing.

Two hotel groups that are now in the spotlight are Hyatt and IHG in what is becoming a race to eat or be eaten. Meanwhile industry speculation remains high on a possible Kempinski move in the very near future.

 

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Minor Signs Phuket Resort, First NH Branded Hotel In Asia

Category: Hotels, Posted:15 Nov 2022 | 08:10 am Makings news in Phuket is the signing by Minor Hotels of their first NH-branded property in Asia. The 270-room Boat Lagoon Resort will be converted and reopened in early 2023. NH is part of Minor Hotels and has over 330 properties in Europe and the US. Under Minor, the Anantara brand has been expanding in […]
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Thailand Tourism Forum (TTF) 2023 Registration Opens

Category: Hotels|Tourism, Posted:13 Nov 2022 | 16:38 pm The 12th edition of the Thailand Tourism Forum 2023, organized by C9 Hotelworks has opened registration. Set for 16 January 2023 at the Conrad Bangkok the event is the largest annual hospitality gathering in the country. With an impressive set of speakers and quality content, TTF is a  live, in-person (no virtual option), ‘must-attend’  industry […]
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AWC Set to Snap Up Westin Siray Bay Resort Phuket

Category: Hotels, Posted:11 Nov 2022 | 08:06 am Thailand’s growing hospitality conglomerate AWC (Asset World Corporation) has made public plans to acquire the 257-key Westin Siray Bay Resort and Spa Phuket. It is also acquiring the Grand Mercure Windsor Bangkok which has 459-rooms The AWC Phuket portfolio already includes the Phuket Marriott Resort and Spa Nai Yang Beach and Courtyard by Marriott Phuket […]
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