Rezidor Hotel Group: Do Chinese Read Sun Tzu?

Background Rezidor Hotel Group ("Rezidor") is a hotel company operating Carlson Rezidor Hotel Group's ("Carlson") hotels in EMEA region under master franchise agreement. HNA Tourism Group ("HNA"), a part giant Chinese conglomerate HNA Group ("HNA"), bought the US based Carlson in end of 2016. As Carlson owned 50 % of Rezidor prior to the transaction, …