Huazhu Group Limited
Huazhu Group Appoints Ms. Jihong He as CEO for International Business
Huazhu Group Limited | September 28, 2021
SHANGHAI - September 28, 2021 - On September 28, 2021, Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) announced that Ms. Jihong He will join Huazhu Group as Chief Executive Officer for International Business starting from October 1st, 2021. In this newly created role, Ms. He will oversee the group's international businesses, which include Deutsche Hospitality (hereinafter referred to as DH). Ms. He joins Huazhu from CapitaLand Ltd., where she was Chief Strategy Officer and CEO of Data Center Business. Before joining CapitaLand, she was Chief Investment Officer of Ascendas Singbridge Group (ASB), which was merged with Capitaland ...
Accor to Sell a 1.5% Stake in Huazhu for €239M
Accor | February 19, 2021
Paris - February 19, 2021 - Accor announces that it completed the disposal of a 1.5% stake in Huazhu Group Limited (HTHT) for €239m. This transaction allows Accor to crystallize further value creation of the initial investment while simplifying its balance sheet. After this transaction, Accor owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors. Accor and Huazhu will continue to develop their successful partnership and growth dynamic initiated in January 2016. The master-franchise agreement has enabled the openings of 300 economy and midscale hotels in China, mainly under the ibis, Novotel and M...
