Dossier
Tung Chung MTR station
Coverage of Tung Chung MTR station in the Nexus archive.
- Creditors in aggressive push to sell 2 Hong Kong hotels amid banks’ drive to cut losses
Creditors are aggressively seeking buyers for the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton, part of Hong Kong's third-largest hotel complex, as part of efforts to cut losses. Savills is managing the tender process for the 1,219-room property on Lantau Island near the Tung Chung MTR station.
- Creditors in aggressive push to sell 2 Hong Kong hotels amid banks’ drive to cut losses
Creditors are actively seeking buyers for the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton, a dual-branded hotel complex comprising Hong Kong’s third-largest hotel by room count. Savills, the sole agent, is conducting a formal tender expected to close on August 31 for the 1,219-room property on Lantau Island.