HNA Hospitality Group Denies Any Participation in Acquisition of AccorHotels Group

HNA Hospitality Group | June 13, 2016

BEIJING, June 13, 2016 -- In response to the recent groundless reports, claiming that "AccorHotels attempts to join forces with HNA to counter Jin Jiang Hotels", HNA International Hotels & Resorts Management Co., Ltd. ("HNA Hospitality Group") issued the following statement: As of now, HNA Hospitality Group neither has discussed with French AccorHotels Group on the equity acquisition, nor plans to have such discussion. Relating reports are false. As a global leading hotels group, HNA Hospitality Group is on the mission to establish a Chinese hotel brand. At the same time, HNA Hospitality Group actively fulfills a...