Carlson Hotels Bought by China’s HNA Tourism Group

HNA Tourism group, which is a Fortune 500 company with multiple business lines in China, is buying Carlson Hotels Inc. from Carlson Hospitality group, including Carlson Hotels’ majority stake in Rezidor Hotel Group, according to Skift.

The price of the deal has not been revealed and it is subject to regulatory approvals. Carlson Hotels expects it to close in the second half of 2016.

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