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Receivers to sell mainland developer Shimao’s 2 Hong Kong hotels for US$344 million
SCMP Business
October 22, 2026
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Receivers of the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton have agreed to sell the dual-branded complex, which together comprise the city’s third-largest hotel by room count, for HK$2.7 billion (US$344 million), Shimao Group announced on Thursday. In a filing to the Hong Ko
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