When Bay Bridge Lifestyle Retreat is relaunched 12 months from now, the border with the mainland should be open, says William Cheng, Magnificent Hotel’s chairman. Photo: May Tse

Investors eye Hong Kong hospitality sector rebound, buy two hotels for US$295 million

  • Shun Ho Construction buys Bay Bridge Lifestyle Retreat in largest hotel transaction by a local buyer since December 2018
  • Weave Living acquires the former Grand City Hotel from Magnificent Hotel for HK$900 million
12 May 2022 - 8:30AM