News

3Novices:Another Hong Kong hotel likely to close to make way for commercial development

The five-star Hotel LKF in Central is set to shut by the end of the month for conversion into an office tower, the Post has learned, the latest closure in an industry shake-up fuelled by soaring office rents and a downturn in tourists.
Another two leading hotels in Causeway Bay also face being turned into commercial blocks.
But the founder of an independent hotel chain in the city said the transformation did not necessarily indicate that the hospitality sector was taking a beating, but it was…
June 11, 2017 at 05:32AM http://ift.tt/2rYc2gS
#3Novices #News #OnlineMedia #China 3Novices China

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s