The expansion includes the addition of The Ritz-Carlton in Perth, the AMTD IDEA Tribeca Hotel in New York, the AMTD Dao by Dorsett Hornsey in London, and the AMTD IDEA KL Hotel in Kuala Lumpur. These new assets join the existing iclub AMTD Sheung Wan Hotel in Hong Kong and the Dao by Dorsett AMTD Singapore, bringing the group’s total portfolio to nearly 1,000 rooms. The company expects these consolidated assets to drive significant growth in its financial statements for the period ending June 30, 2026.
In section Releases
AMTD Hospitality Arm Grows Revenue Following $207 Million Hotel Buyout
AMTD Group has officially signaled a positive revenue shift for the first half of 2026, anchored by the acquisition of four international hotel properties. The $207 million investment marks a strategic push to consolidate the conglomerate's hospitality assets under the unified AMTD Hotels brand across four continents.
Management emphasized that this move transitions the hospitality division into a mature, stand-alone business segment. Looking ahead, the group intends to continue its aggressive pursuit of strategic acquisitions within the global hospitality sector to further establish the AMTD Hotels brand footprint.
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