Tag Archives: Qi JI

Accor to sell 5% stake in Huazhu Group Limited for USD451m

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Paris, France, 2019-Dec-09 — /Travel PR News/ — Accor announces that it entered into a definitive agreement to sell approximately 5% stake in Huazhu Group Limited (HTHT) for USD451m. Accor will keep an approximately 5% stake in Huazhu and Chaiman and CEO Sebastien Bazin will remain on the Board. This transaction, which was conducted in full… Read the full press release

Huazhu Group to acquire all shares of Deutsche Hospitality

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Shanghai, China/ Singapore/ Frankfurt, Germany, 2019-Nov-05 — /Travel PR News/ — Huazhu Group (“Huazhu”), a leading multi-brand hotel group (Nasdaq: HTHT), announced today (November 04, 2019) that it reached an agreement to acquire all shares of Deutsche Hospitality (“the company”), a renowned international hotel group, through its wholly owned subsidiary China Lodging Holding Singapore. Deutsche… Read the full press release