PARIS, NEW YORK, and SINGAPORE—AMTD Group Inc., MTD IDEA Group, AMTD Digital Inc., and The Generation Essentials Group (TGE), a subsidiary of AMTD Digital Inc., jointly announced that TGE has entered into an agreement with the seller to acquire the Ritz-Carlton Hotel, located in Perth, which is the 100th Ritz-Carlton Hotel in the world. Closing of the deal is subject to customary closing conditions.
As part of a development at the Elizabeth Quay, the riverfront Ritz-Carlton Hotel includes 209 rooms, a restaurant and lounge, a bar, a spa complex, an infinity pool, a fitness center, and event rooms. It offers views of the Swan River and Kings Park, providing guests with a contemporary interpretation of local culture, history, and cuisine, and connecting them to Perth’s lifestyle.
