Hotel News - Jin Jiang is the fifth-largest hotel company in the world
A consortium led by Shanghai’s Jin Jiang and Sino-CEE Fund a private equity fund incorporated in Luxembourg—entered into an agreement with Radisson Hospitality and HNA Sweden Hospitality Management AB to acquire 50.21% of Radisson’s shares.
Carlton Rezidor was officially re-branded to Radisson Hotel Group in March 2018. The announcement came at the International Hotel Investment Forum, Berlin.
It is currently the eleventh-largest hotel group in the world,
with eight hotel brands and more than 1,400 hotels in operation and under development.
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