The owner of the Rosedale Hotel in Causeway Bay is considering converting the property to offices. Photo: SCMP/K. Y. Cheng

Hotels outside Hong Kong’s flashy areas should avoid the rush to convert to offices, Colliers says

Eight hotels are converting to office space – or taking steps to make it an option. But while eye-watering office rents are tempting, Colliers says hotel owners outside ‘core’ areas could regret converting and miss out on a big wave of tourists headed this way.

Topic |   Hong Kong property

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The owner of the Rosedale Hotel in Causeway Bay is considering converting the property to offices. Photo: SCMP/K. Y. Cheng
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