HNA Group Sells Sta...
 

HNA Group Sells Stake In Radisson (And It's Not To Hyatt)

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HNA Group is a massive Chinese conglomerate that has stakes in all kinds of travel brands. This includes about a dozen Chinese airlines, as well as major international hotel brands. For a while they were investing like crazy, and now they're selling assets like crazy. This is because they've had a hard time securing new…

Continue reading: HNA Group Sells Stake In Radisson (And It’s Not To Hyatt)

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(@santastico)
Joined: 5 years ago

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Posts: 1477

No matter how good Hyatt is unless they drastically improve their global footprint there is no way I will become loyal to them. It is just impossible for me to reach their top status based on my travel locations.


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(@ghostrider5408)
Joined: 5 years ago

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Posts: 0

I agree with Santastico unless Hyatt makes a big move and not the proposed lame one their now doing they will continue to stagnate. Great Brand in Asia but the Marriott merger is going to eat into them big time. As a long time Diamond I essentially gave up on them after the WOH and my travel changed a bit so that the footprint hurt.

It will be interesting to see how the Marriott deal plays out over the next couple of years.


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(@DaninMCI)
Joined: 14 years ago

Posts: 399

Agree with others. I generally have about 100 business nights a year but it's not always in big cities. I REALLY like Hyatt but just not enough footprint for me. It's one reason I don't do a lot of stays at Radisson either. The two would be a good match actually IMHO.


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(@keepssmile)
Joined: 5 years ago

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I worked on this deal 🙂


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 ITST
(@itst)
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Jin Jiang is in fact the fifth largest hotel chain in terns of room count. If they close the purchase of Radisson, will they become the second largest chain after Marriott?


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 CP
(@CP)
Joined: 9 years ago

Posts: 73

It's one thing to be big, it's another thing to be big and high quality enough that your guests stay loyal to you. Based on my experiences with Radissons and their typical online reviews, to make Radisson work in its portfolio, Hyatt would have either had to majorly cull properties or make major investments to bring them up to any kind of standard acceptable to a customer used to a Hyatt Place or, certainly, a Hyatt Regency and above.


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Diamond
(@mallthus)
Joined: 5 years ago

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Posts: 283

The challenge with Hyatt and any of the small players is always gonna be footprint. When I had a gig that had me going again and again to a couple of locations with good Hyatt properties, I was happy enough to harvest points and status. When that gig ended, I went over to Starwood and Marriott (way, way before any merger talks) because if only one out twelve stays is gonna be with a brand, why bother trying to make the effort?

And I should land lifetime Gold with Marriott when my accounts are officially combined (though I’ll believe it when I see it), which sort of justifies my position. Of course, if Marriott goes to shit, it’ll be like my cobbled together American million miler status*...a perk I won’t use.

* My TWA miles rolled over to AA and my HP miles rolled over to US, and, between TW, HP, US, and AA, I’ve now got 1.6 million lifetime miles. Yay, because the new AA sucks.


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Diamond
(@paolo)
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Jin Jiang ? That's truly amazing from my perspective , in the context of dealings with them about 20 years ago. Bordering on the unbelievable but I guess it says something about China's rapid growth.


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 JZ
(@JZ)
Joined: 9 years ago

Posts: 52

yeah, hyatt's footprint is ridicolously small. I travel to Osaka often, and hyatt has a hotel pretty much in the middle of nowhere. i wish i could stay but no thanks.


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 Alan
(@Alan)
Joined: 14 years ago

Posts: 436

Just can't get excited about Hyatt at all, hardly any of them to be found outwith the USA!


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 Andy
Diamond
(@andy-3)
Joined: 5 years ago

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Posts: 829

As I said when the rumor started, it simply doesn't make sense for Hyatt to create a network of properties in B and C cities around the world. Hyatt has good footprint in the US, plus a few global A cities. That's it. So why would you venture into small towns around the world, if you haven't even covered all the A cities ...


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