Ambitious Chinese company eyes HK hotel
Hong Kong – 17 January 2018 –
Sharing Economy International, a Chinese textile machinery maker with blockchain ambitions, said it is pursuing the acquisition of a boutique hotel from Hong Kong property billionaire Lee Shau-kee, Bloomberg reported.
A unit of Sharing Economy is offering to buy the Mira Moon Hotel from Lee’s Hong Kong-listed hospitality company, Miramar Hotel & Investment, for about HK$1.35 billion (US$173 million), chief operating officer Parkson Yip.
The 91-room Mira Moon, located in Causeway Bay, is a part of Marriott International’s Design Hotels network of independent hotels and uses the hospitality giant’s Starwood Preferred Guest loyalty programme.
A representative for Miramar said the company has no plans to dispose of the property.