2 Replies Latest reply: Oct 24, 2016 3:44 PM by erc RSS

China's HNA group buying 25% of Hilton

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As always, Insiders breaking news

 

Here's some worthwhile headlines for Insiders to browse

http://in.reuters.com/article/hilton-wrldwide-stake-hna-group-idINL4N1CU3QP

HNA is a Chinese conglomerate getting more and more involved in tourism, both real estate and operations
http://www.bloomberg.com/news/articles/2016-04-04/hna-agrees-to-buy-controlling-stake-in-tysan-for-340-million

http://www.dailymail.co.uk/wires/reuters/article-3563543/Chinas-HNA-Group-agrees-buy-Carlson-Hotels.html


Remember, Marriott has over two and a half billion $$ worth of real estate from the Starwood deal that they intend to sell and hundreds of millions $$ of redundant overhead costs they intend to 'find';


Keep all of the billions of dollars above in mind next time you threaten to take your travel dollars elsewhere


Like Uncle Benjy said, "Insiders, we must, indeed, all hang together or, most assuredly, we shall all hang separately."


Keep on keepin' on Insiders


(For each location tag, you will be guided through a 3-step process to add (1) a city and a state or a city and a country, (2) a Marriott brand, and (3) a Marriott hotel.)

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