Privately held Carlson Hotels is part of Carlson Rezidor Hotel Group, which owns such brands as Country Inns & Suites, Park Plaza and Park Inn, Quorvus Collection and the Radisson family of brands. Its portfolio is comprised of more than 1,400 hotels in 115 countries and territories. Carlson Wagonlit Travel is not part of the deal. HNA indicated it intends to keep Carlson Hotels' headquarters in Minnetonka, Minn. The transaction is expected to close in the second half of 2016, and Carlson Hospitality Group CEO David Berg will continue to serve as CEO of the new organization. The HNA-Carlson deal comes on the heels of a joint-venture agreement inked in March between HNA Hospitality, a subsidiary of HNA Tourism, and NH Hotels Group of Spain to develop 120 to 150 hotels in China by 2020. HNA in 2015 also acquired a 15 percent stake in Red Lion Hotels. According to its website, HNA Hospitality owns and manages more than 450 hotels, and the HNA parent company is engaged in a number of areas, including aviation, tourism, finance and online services. Get the full story at the StarTribune Read also "Five things to know about the sale of Carlson's hotel business" at the StarTribune