
Minor International has reached an agreement with HNA Group to purchase an equity stake of 25.2 percent (on a fully-diluted basis) in NH Hotel Group in a two-tranche transaction valued at €619 million.

The government’s economic sub-committee, chaired by prime minister Theresa May, backed the plans which were then approved by her full cabinet.

AccorHotels has completed the acquisition of Mantra Group today. The deal is worth a total of AU$1.3 billion (€830 million) and sees AccorHotels become the only shareholder in Mantra.

On Friday it was reported that JetBlue Airways Corporation Executive Vice President unloaded 16,805 shares of stock in the airline for a proceeds value of more than $312,800.00.

The invitation to the Chinese Group HNA came on Wednesday on day three of the visit of Prime Minister Dr. Keith Rowley and a local delegation to China.

Puerto Rico Gov. Ricardo Rossello and Airbnb CEO Brian Chesky have partnered to drive tourism to the island as it continues to rebuild after the hurricanes last September.