Morris Manning & Martin, LLP

Review might slow Chinese investment in U.S.

09.15.2017

Chinese investments in U.S. hotels have increased by the billions in only a year. Deals have ranged from the sale of individual hotels, like Waramaug LS Hotels’ purchase of the SpringHill Suites by Marriot Newark Liberty International Airport hotel, to massive deals, like Anbang Insurance Group’s US$5.5 billion acquisition of Strategic Hotels and Resorts. Even iconic American hotel brand Hilton Worldwide Holdings is now 25% owned by Chinese conglomerate HNA Group.

To read the full article, please visit: http://www.hotelsmag.com/Industry/News/Details/75434

The article is initially behind a paywall, but you can subscribe to the online magazine free of charge and access the article.

Article by: Catherine Morgen
Featured in the September 15, 2017 edition of HOTELS

 

Read More