Discovery Bay is finally getting a hotel - 25 years after the launch of the resort-style development on Lantau. The reason? Its proximity to the Disney theme park. Developer HKR International will invest $1 billion in building a 300-room, four-star hotel and shopping complex. Another $5 billion will be invested in phases of its Siena residential project. HKR's Chan Chi-ming said yesterday the hotel was being built to capitalise on the opening of the Disney park at Penny's Bay in 2005. He said the signing of the Closer Economic Partnership Arrangement with the mainland, and the prospect of a bridge being built across the Pearl River estuary to Macau and Zhuhai had made the company more confident about tourism development. 'We had put the site development on hold. But concrete policies and infrastructure projects are pointing to a brighter future,' said Mr Chan. 'The influx of individual travellers was another boost.' However, Simon Lo, director of research and consultancy at Colliers International (Hong Kong), said he could not see how the site could be financially viable because it lacked a direct link to the Disney park. A tourism development was also inconsistent with the non-polluted nature of Discovery Bay, he said. The development is car-free, with buses and service vehicles the only ones using a road tunnel to the Lantau Link. Drivers will get to the Disney site via the Lantau Link.