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Excelsior Hotel Hong Kong

Mandarin Oriental Scraps Excelsior Sale as Offers Disappoint and More Asia Real Estate Headlines

2017/09/27 by Michael Cole Leave a Comment

China’s clampdown on outbound capital might have cost the Mandarin Oriental Hotels group its chance at a record sale as the hospitality group announced this week that it is pulling its Causeway Bay property off the market after bids failed… Read More>>

Mandarin Oriental Said Offered Record $3.8B for Excelsior Hotel

2017/09/17 by Greg Isaacson Leave a Comment

The Mandarin Oriental Hotel group has begun to receive offers for the Excelsior Hotel in Hong Kong’s Causeway Bay, with at least five bids reportedly valuing the four-star waterfront property at HK$30 billion ($3.8 billion).

If the 848-room Excelsior is… Read More>>

Excelsior Hotel Hong Kong

Mandarin Oriental Could Make $3.4B From Excelsior Hotel Sale

2017/06/07 by Michael Cole Leave a Comment

Hong Kong’s Mandarin Oriental Hotel group began testing buyer interest in the Excelsior Hotel in the city’s Causeway Bay district for a sale that could bring the Jardines-owned luxury hotel brand as much as HK$27 billion ($3.4 billion).

The London… Read More>>

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