Jones Lang LaSalle Property Consultants Pte Ltd (“Jones Lang LaSalle Hotels & Hospitality Group” or “JLL”) has been retained by InterContinental Hong Kong Ltd. (the “Owner”), an affiliate of InterContinental Hotels Group PLC, on a sole and exclusive basis to offer for sale the iconic InterContinental Hong Kong, Kowloon, Hong Kong, China (the “Hotel” or the “Property”).
Boasting a prized five-star rating from the prestigious Forbes Travel Guide and internationally-acclaimed as one of the world’s top hotels, the InterContinental Hong Kong, with its distinctive Kowloon waterfront location, offers unrivalled panoramic views over the Victoria Harbour towards Hong Kong Island’s scintillating skyline. As the Asia Pacific flagship for InterContinental Hotels Group, the Property features 503 well-appointed guestrooms and suites, a collection of six celebrated dining venues including three restaurants that have been awarded the coveted Michelin Stars for their impeccable credentials, as well as a wide range of state-of-the-art meeting and banqueting facilities. Benefiting from the brand’s operating excellence, the Property is one of the most profitable five-star hotels in Hong Kong and has consistently performed well against its competitive set. A comprehensive multimillion dollar renovation planned in the short term will further solidify the Hotel’s position as a market leader, ensuring the Property continues to drive income growth across all segments of its operation.
Hong Kong is without question one of the most tightly-held and sought-after investment markets in the world and the InterContinental Hong Kong represents a “once-in-a-generation” opportunity for an incoming purchaser to invest in the region’s leading destination for both leisure and business, underpinned by strong economic fundamentals, efficient processes and excellent infrastructure.
Detailed information on the Property is available for review upon the execution of a confidentiality agreement.