Kwok Family’s Empire Group bets on Hong Kong’s border reopening to spur tourism demand for its HK$6 billion five-star hotel Kimpton

Empire Group Holdings, founded by the late Hong Kong tycoon Walter Kwok Ping-sheung, is pushing on with its HK$6 billion (US$770 million) luxury hotel project in Tsim Sha Tsui, betting that tourism in the city will rebound from one of its worst patches on record.The Kimpton, a 42-storey five-star hotel built on the former Mariners’s Club, will offer 492 rooms with harbour views at its opening in the second half of 2023. Construction has reached the 10th floor, fully making up for delays over…


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