The Macau Louis XIII Hotel, formerly built by the South Shore Group and known as the "Louis XIII Hotel", was recently sold to a local investor for 600 million Hong Kong dollars, ending its tumultuous fate. The hotel has 199 rooms, with each room priced at about 3.015 million Hong Kong dollars, far b
In the history of China's private economic development, the rise of the Lü Qiangguang family can be described as a splendid business textbook. This family business, which started in a hardware workshop in Zhejiang, has transformed into a business empire spanning manufacturing, real estate, finance,
After a long silence, the Macau hotel once mocked as the "Ghost Town Hotel" has recently changed hands. Real estate consultant JLL confirmed that the project was sold for 600 million Hong Kong dollars, with the local Macau company "Chang Fu Investment Limited" taking over. According to Yabo Exchange
The "The 13 Hotel," once known as the most luxurious hotel in Macau, was recently resold to local investors for only HK$600 million, shocking the industry. This price represents a drop of over 90% from its original construction cost of HK$12.5 billion (US$1.6 billion), marking it as a symbolic case
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