HNA said to bid for chain of top hotels

Hainan province tourism group among suitors for Amanresorts

HONG KONG / MUMBAI - HNA Group Co, the airline, shipping and hotel group backed by the government of Hainan province, is among the companies bidding for luxury-hotel chain Amanresorts International Pte, said two people with knowledge of the matter.

The people, who declined to be identified because the sale process is private, didn't say how much HNA offered. DLF Ltd, the Indian real estate developer that owns Amanresorts, has received at least five non-binding bids of $400 million to $450 million for the company, a person familiar with the matter said last month.