Novotel Beijing Sanyuan

China Lodging Group (Huazhu), a fast-growing multi-brand hotel group in China, has announced it has formed a joint venture with TPG Capital Asia (TPG). The deal is an 80 -20% split -- in…

Accor has raised EUR110 million (US$135m) through the sale of assets in Australia and China.   The company sold its 21.9% stake in the Ascendas Australia Hospitality Fund for EUR56m.…