Spanish chain to open 150 hotels in China

Properties will be developed through a joint venture between NH Hotel Group and HNA

NH Hotel Group SA, the largest hotelier in Spain, has entered the Chinese market with a plan to open 120 to 150 hotels by 2020.

The properties will be developed through a joint venture between NH Hotel Group and HNA Group, China's fourth-largest airline group and also the biggest shareholder in NH, said Federico Gonzalez Tejera, CEO of the Spanish chain.