China Resources (Holdings) – Charm

Among commercial buildings, hotels are favoured for conversion into student hostels due to lower costs, according to multinational firm Arup. Photo: Sam Tsang

Regal’s US$194 million hotel sale highlights investor push into Hong Kong student housing

5 months ago02 mins

Regal Hotels International Holdings and its units have sold the 494-room Regal Kowloon Hotel for about HK$1.52 billion (US$194 million) to the real estate investment arm of Centaline Group, which operates one of Hong Kong’s largest property agency networks, to be converted into a student hostel. Regal Hotels and affiliates Century City International Holdings and…

Non-local students account for more than 27 per cent of student numbers in the 2025-26 academic year, up from around 23 per cent a year earlier. Photo: Karma Lo

China Resources subsidiary acquires Hong Kong hotel for student housing project

6 months ago03 mins

A subsidiary of state-owned conglomerate China Resources (Holdings) has acquired a Hong Kong hotel and plans to convert it into student housing amid a wave of investments driven by rising demand after the city raised the cap on non-local students. CR Longdation signed an agreement to buy four-star hotel Hotel Cozi Oasis in Kwai Chung,…