AMTD outlines expansion of its global AMTD-branded hotel network

SGX Filings
Jul 07

AMTD Group, together with its affiliates AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) and The Generation Essentials Group (NYSE: TGE), announced material progress in building a worldwide portfolio of AMTD-branded hotels.

The current network comprises five properties: iclub AMTD Sheung Wan Hotel in Hong Kong SAR, Dao by Dorsett AMTD Hotel in Singapore, AMTD Dao by Dorsett Hornsey Hotel in London, AMTD IDEA KL Hotel in Kuala Lumpur and AMTD IDEA Tribeca Hotel in New York.

All hotel assets will be consolidated under a newly formed AMTD Hotels Group to create an integrated, globally connected hospitality platform.

Management said the combined resources of AMTD’s media, entertainment and broader ecosystem will support further expansion, with plans to develop a loyalty programme and incorporate art, fashion, film and entertainment elements into guest experiences to strengthen brand differentiation.

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