Travel

China’s Huazhu Group Is Spending $802 Million on a German Hotel Group

Steigenberger Hotels AG

The Steigenberger Frankfurter Hof hotel. Parent company Deutsche Hospitality is being bought by Huazhu. Steigenberger Hotels AG

Skift Take: Deutsche Hospitality isn’t a massive player on the European hospitality scene but it has some pretty ambitious plans, ones you would assume that Huazhu would now be able to help execute.

— Patrick Whyte

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