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Chinese company HNA has agreed a deal to purchase Carlson Hotels, the owner of the Radisson hotel chain.
Through its tourism and hospitality arm, HNA will acquire all of Carlson Hotels including its 51 per cent majority stake in Rezidor Hotel Group.
The company currently operates a portfolio of approximately 1,400 hotels under seven brands: Radisson, Radisson Blu, Radisson Red, Quorvus Collection, Park Plaza, Park Inn by Radisson and Country Inns & Suites.
“Carlson Hotels own a powerful set of global brands and this historic agreement provides tremendous opportunities for growth,” said David P. Berg, Carlson Hospitality group chief executive officer.
“We look forward to working within HNA Tourism Group, a greatly respected global enterprise, in what will be an exciting new chapter in the history of Carlson Hotels,” he added.
The price of the deal has not been revealed. Carlson Hospitality Group CEO Berg will remain head of the new organisation.
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