Tang’s Living Group will open 3 hotels in Hong Kong
Hong Kong-based developer Tang’s Living Group has announced that it will make 3 new launches in its city this year.
Hong Kong, one of the most important real estate markets of recent years, continues to grow in the area of hotel investments. Tang’s Living Group is one of the domestic investors who invested the most in Hon Kong. The group plans to open a new facility in Hong Kong this year.
The names of the hotels that will be opened are: The Hotel Cozi Resort (the opening of Q3).
With the opening of the hotels, the company will add 680 rooms to its portfolio. Tang’s Living Group operates 13 hotels, guest houses and communal areas.
The group said that the hotels opened in 2018 have a high occupancy rate. The majority of the hotels in the Group’s portfolio are 95 percent full.
“Our target is to reach an inventory of 5,000 rooms by 2021,” said Eric Cheng, the company’s managing director.
Sevdenur Demir / [email protected]