Travel

HNA Group May Sell Radisson to Rival Chinese Conglomerate Jin Jiang

Bloomberg

A photo of a Radisson Blu hotel. Bloomberg

Skift Take: Nearly two years after HNA Group announced it would sell off Radisson Hotel Group to pay off some of its mounting debt, another Chinese conglomerate wants to add to its portfolio. Jin Jiang has been patiently growing its hospitality holdings, but may end up in a similar debt trap to HNA Group in the end.

— Andrew Sheivachman

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