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June 24, 2026
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Savills is holding a formal tender that is expected to close on August 31 for the 1,219-room property on Lantau Island. Photo: Handout

    Creditors in aggressive push to sell 2 Hong Kong hotels amid banks’ drive to cut losses

    2 hours ago03 mins

    Receivers and agents of the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton have expressed confidence in finally finding a buyer for the dual-branded complex – which together make up Hong Kong’s third-largest hotel by room numbers – as creditors move to dispose of the asset. Sole agent Savills is holding…

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