HNA Mantra stalker

HNA Mantra stalker

CHINESE tourism giant HNA has been revealed as being keenly interested in bidding for Mantra Group, prior to the takeover by AccorHotels announced yesterday.

HNA, which owns about 20% of Virgin Australia and has big stakes in Hilton and Carlson Hotels, had been in an aggressive growth phase, but has had its ambitions stymied recently due to increased scrutiny from Chinese authorities.

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Source: traveldaily