Hong Kong family office Platinum Estates has announced its third luxury hotel project in Spain as part of a strategy to tap the surge in Chinese tourists to the country.
The five-star hotel, under the W Hotel brand managed by Marriott International, is slated to open in 2021 on a beachfront in Marbella, a resort city in southern Spain.
Platinum Estates acquired the 170,000 square metre plot of land at the end of 2015 in order to develop it into a luxury resort, with a 200 bedroom hotel and…
Source : South China Morning Post
Read more…Hong Kong’s Platinum Estates plans luxury hotel in Spain to tap outbound Chinese tourist growth
