C9 Hotelworks Logo Hospitality Consumlting

Carlson Hospitality Sell Out to Chinese Group

Author: Bill Barnett. Category: Hotels. Posted: 29th Apr 2016

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.

 

Talk to C9 today and fınd out how we can help you.

Telephone: +66 (0)76 325 345/6| Email:

Skype: C9Hotelworks, or go to our contact page.

Latest Book Releases from C9 Hotelworks' Bill Barnett

C9 Hotelworks Founder and Managing Director Bill Barnett is a noted columnist, author and leading authority on travel trend, hotels and property.

View all the books from C9

Contact Us

Telephone: +66 (0)76 325 345/6
Email:
Go to our contact page.