Shimao Group Holdings has cut the asking price for a Sheraton-branded hotel near Hong Kong's airport in Tung Chung by 25%, aiming to sell the property for at least HK$4.5bn ($579m) as reported by ...
The asset is made up of two hotel brands: the Sheraton Hong Kong Tung Chung Hotel with 218 rooms and the Four Points by Sheraton, which has 1,001 rooms, according to Savills, its sole agent.
Shimao Group Holdings, a Chinese investment and development company, reduced the cost of the Four Points by Sheraton Hong Kong Tung Chung Hotel by 25% to 4.5 billion Hong Kong dollars ($579 million) ...
An international parade featuring nine spectacular floats and performing groups from around the world was held in Hong Kong on Wednesday night to cele ...
The company, which defaulted in 2022, recently slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport in an effort to cash in on its offshore assets as it works ...