Justin Ma, the 29-year-old heir of the family that controls Tai Sang Land Development, hopes to ramp up investment in hospitality, in a break from the investment strategy of the 53-year-old company, which is better known for industrial buildings, shops and office buildings in Hong Kong.Ma founded Yulan Group, a company focused on the hospitality segment, in 2019, and it is now operating two hotels, the 46-room the Figo in Sheung Wan and the newly opened 187-room Arca in Wong Chuk Hang.“Where…
Source : South China Morning Post
Read more…Scion of Hong Kong warehousing firm Tai Sang steps up hospitality foray with Wong Chuk Hang hotel