AMTD IDEA Group and AMTD Digital Complete Acquisitions of Four Hotels (Ritz-Carlton Perth and AMTD-Branded Properties)
June 25, 2026
AMTD IDEA Group, AMTD Digital (and related entities within AMTD Group) completed the acquisitions of four hotels—The Ritz-Carlton, Perth; AMTD IDEA Tribeca Hotel in New York; AMTD Dao by Dorsett Hornsey in London; and AMTD IDEA KL Hotel in Kuala Lumpur—for total consideration of approximately US$207 million. The acquisitions expand and consolidate the group’s hospitality portfolio into the AMTD Hotels Group segment, expected to increase 1H 2026 revenue.
- Buyers
- AMTD IDEA Group, AMTD Digital Inc., AMTD Group Inc., The Generation Essentials Group (TGE)
- Targets
- The Ritz-Carlton, Perth, AMTD IDEA Tribeca Hotel (New York), AMTD Dao by Dorsett Hornsey (London), AMTD IDEA KL Hotel (Kuala Lumpur)
- Industry
- Restaurants & Hospitality
- Location
- Australia
- Transaction Type
- Buyout
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