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
#3Novices #News #OnlineMedia #China 3Novices China


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