HNA Group, parent of Hainan Airlines Co., sure does like hotels. Last June, it took a large position in Red Lion Hotels Corp., and at one point made a bid for Starwood before Marriott ultimately won out. But don't count them out just yet.
As Bloomberg reported, Carlson Rezidor Hotel Group could fetch $2 billion in a sale, and a buyer could be chosen as soon as the first half of the year.
For its part, AccorHotels has been very active of late, having acquired FRHI Holdings in December. It's also an attractive play by Chinese investors. Jin Jiang International (Holdings) Co. had built up an almost 10 percent stake in Accor through Rubyrock Capital Co. as of last month, making it the French company’s largest shareholder, according to Bloomber data.
HNA is the biggest shareholder in Spanish hotelier NH Hotel Group SA, Bloomberg further reported.