CK Asset Holdings has submitted plans to the Town Planning Department to redevelop its Harbour Plaza Resort City in Tin Shui Wai into a residential project. Photo: K. Y. Cheng

Owners of underperforming hotels see redevelopment as a quick fix to city’s housing woes after CK Assets’ proposal

  • Hotel owners say room occupancy rates continue to languish despite a recovery in tourists from the mainland
  • Non-core hotels are not seeing high occupancy rates despite the opening of the Hong Kong-Zhuhai-Macau Bridge and high-speed railway
Topic |   Hong Kong property

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CK Asset Holdings has submitted plans to the Town Planning Department to redevelop its Harbour Plaza Resort City in Tin Shui Wai into a residential project. Photo: K. Y. Cheng
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