Articles tagged “barcelo”

Record profits don’t necessarily mean it’s time to buy. Barceló has the cash to acquire hotels but says today’s prices no longer justify the returns it expects.

With Oceanwood (mostly) checking out and HNA looking to sell, it's all change at NH Hotels. Maybe this will kick off the consolidation in the hotel market that so many have predicted.

Medium-sized hotel companies know they need scale to compete. With NH Hotels open to consolidation and Barcelo still keen on doing deals, it doesn’t look like we’ve heard the end of this story.

HNA Group's decision to at least consider selling its stake in NH Hotels shouldn't come as a surprise. It will be interesting to see whether one of the big hotel companies emerges as a potential buyer.

NH Hotels may have turned down this approach, but it has not closed the door on others. And with minority shareholder HNA Group looking to raise cash, it wouldn't be a surprise to see another offer sooner rather than later.