Keyword: Jin Jiang International
Focusing on gateway cities and keeping one brand per segment, Radisson has a solid plan in place for global growth.
At Radisson's first conference since being acquired by China's Jin Jiang, its leadership team targeted new growth opportunities.
The company signed 15 hotels for India in 2018 and it has inked four properties thus far this year
The company reported a chainwide occupancy increase of 8 percentage points across its portfolios for the last six months of 2018.
The property, which is positioned near local skiing and outdoor activities, joined the By Magnuson Worldwide Collection.
A consortium led by Jin Jiang and SINO-CEE Fund has completed the acquisition of 50.21 percent of Radisson Hospitality's shares.
HNA Group has agreed to sell its stake in Radisson Hospitality AB and Radisson Holdings to a consortium headed by Jin Jiang International Holdings.
HNA could earn at least $2 billion from the sale of its Radisson Hotel Group.
With cash collection increasing dramatically over the past two years, French real estate asset managers are looking for new opportunities.
Like many loyalty programs, Magnuson is simplifying its reward structure by boiling the rewards down to a limited number of options.