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HNA Tourism Group acquires Carlson Hotels from Carlson Hospitality Group

The combination of HNA Tourism Group and Carlson Hotels to have robust presence in international hospitality, with increased ability to accelerate growth, expand key brands, and strengthen its best-in-class hospitality experience for its guests. Carlson Hotels headquarters to remain in Minnetonka, Minn.

HNA Tourism Group Co., Ltd. ("HNA Tourism Group"), a division of HNA Group Co., Ltd., a Fortune Global 500 company with operations across aviation, tourism, hospitality, finance, and online services among other sectors, and Carlson Hospitality Group, Inc. today announced they have entered an agreement ("Agreement"), for the acquisition of Carlson Hotels, Inc.("Carlson Hotels"), which owns the Quorvus Collection, Radisson Blu®, Radisson®, Radisson RED, Park Plaza®, Park Inn® by Radisson, Country Inns & Suites By CarlsonSM brands and the Club CarlsonSM global hotel rewards program.
The combination of HNA Tourism Group and Carlson Hotels will have increased ability to accelerate growth through investments in areas such as digital, owned assets in major gateway cities, building of Radisson RED and other new brands.