Jin Jiang, Plateno and Starwood, a new global hotel giant? | hospitality-on.com

Plateno Group and Jin Jiang Hotels have agreed upon the terms for a merger of their two companies and together foresee the takeover of Starwood Hotels & Resorts. According to the journal China Travel News, Plateno Group and Jin Jiang Hotels were preparing to sign a merger agreement for their two companies, while keeping operations independent. The two actors would thus be on the point of creating the biggest group of hotels in China with a...