• NH heads for China

Spanish hotelier NH has signed an agreement with major shareholder HNA to set up a management company in Asia. The new vehicle will take on six existing HNA hotels and prepare a growth strategy for the region.

A prototype hotel will be created to showcase the NH brand for a Chinese roll out. NH will provide an initial USD4.9m towards setting up the joint venture.
Read the full story here:
https://corporate.nh-hoteles.es/en/newsroom/news-detail/nh-firma-un-acuerdo-con-hna-para-entrar-en-china-167-en
 
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