acquired 25% of Rezidor Hotel Group, a business partner of the hotel division in the Europe, the Middle East and Africa (EMEA) markets. Rezidor became a subsidiary of the Carlson hotel group in 2010, despite retaining its listing status. The hotel group rebranded as Carlson Rezidor Hotel Group in January 2012. 2013 to present; divesting and foundation of family office In May 2013, Diana Nelson assumed the chairmanship of the board of directors, succeeding her mother, Marilyn Carlson Nelson, who continues to serve as chairman emeritus. Rautio retired in 2015, leading to the company having separate CEOs for the hotel and travel businesses until the hotel business was sold to HNA. The company sold TGI Fridays to Sentinel Capital Partners and TriArtisan Capital Partners for a reported $800 million in 2014. Two years later, it sold its hotel division, including Rezidor Hotel Group, Country Inns & Suites by Carlson, Park Inn by Radisson, Park Plaza Hotels & Resorts, Radisson Hotels, Radisson Blu Hotels, and Radisson Red Hotels, to the Chinese conglomerate HNA Group. The division was renamed Radisson Hotel Group in 2018. In 2018, the company launched a family office to invest its cash. It also renovated its headquarters. References External links Conglomerate companies established in 1938 Privately held companies based in Minnesota Companies based in Minnetonka, Minnesota 1938 establishments in Minnesota Customer loyalty programs Family-owned companies of the United States