HNA’s Hilton Purchase Alters Ownership Landscape

    HNA Group’s 25 percent, $6.5 billion purchase of Hilton Worldwide Holdings is shaking up its previous acquisitions of European assets. HNA’s ownership stakes in Western companies include or will soon include 100 percent of Carlson, 28.5 percent of NH Hotels, and 25 percent of Hilton. This gives the company C-suite influence over 25 brands and 6,500 hotels. As Chinese firms buy small stakes in companies, American and European owners need to get used to different standards in transparency and operations. For more information, click here.

    Previous articleNobu Miami Beach Soft Opens
    Next articleAccorHotels to Buy Stake in German Boutique Hotel Chain