China's HNA Group to acquire Carlson Hotels
A unit of Chinese conglomerate HNA Group has agreed to acquire US-based Carlson, the owner of the Radisson hotel chain, for an undisclosed sum, the companies said in a joint statement on Wednesday. The deal also includes Carlson's majority 51.3% stake in Belgium-based Rezidor Hotel Group. Carlson currently operates 1,400 hotels spread across 115 countries and territories. 