Keyword: Jin Jiang International
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.
Formerly a Howard Johnson, the Magnuson Hotel Lincoln Airport is located near the University of Nebraska and Memorial Stadium.
The new alliance will have 8,000 hotels and approximately 800,000 guestrooms available at one website.
The Chinese company is seeking more mid-market hotels in India and is reaching out to "several hotel chains."
While Chinese business have been scooping up high-profile assets across the world, the country's budget chains are also expanding beyond its borders.