Property News · July 18, 2017

Hotel group Century City eyes expansion in the US and Europe


Century City International Holdings – which is building a HK$5 billion airport hotel, Hong Kong largest airport hotel in Chek Lap Kok – is eyeing expansion opportunities in the US and Europe as part of its diversification plan.
The diversification is driven by the difficulty to replenish land in Hong Kong as mainland rivals are willing to paying shockingly high price for government sites, says vice chairman Poman Lo Po-man.
The group is in talks with a potential partner to build a…

Source : South China Morning Post
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