HNA Hotels & Resorts Plans To Buy Two Hotels In Shanghai Xintiandi

HNA Hotels & Resorts is planning to acquire Jumeirah HanTang Xintiandi and Conrad Shanghai, two luxury hotels in Shanghai Xintiandi, the construction of both of which has been stopped due to the financial crisis.

Ascott To Manage New Serviced Residence In Shanghai

Singapore-based Ascott Group has been awarded a contract by Shanghai Li Xing Real Estate Development Company to manage a new serviced residence property in Shanghai.