{"id":904091,"date":"2025-11-03T09:00:18","date_gmt":"2025-11-03T14:00:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-digital-subsidiary-tges-hotels-portfolio-anticipated-to-exceed-1000-rooms-and-double-its-revenue\/"},"modified":"2025-11-03T09:00:18","modified_gmt":"2025-11-03T14:00:18","slug":"amtd-digital-subsidiary-tges-hotels-portfolio-anticipated-to-exceed-1000-rooms-and-double-its-revenue","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-digital-subsidiary-tges-hotels-portfolio-anticipated-to-exceed-1000-rooms-and-double-its-revenue\/","title":{"rendered":"AMTD Digital subsidiary TGE’s Hotels Portfolio Anticipated to Exceed 1,000 Rooms and double its Revenue"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n PARIS<\/span> and NEW YORK<\/span> and SINGAPORE<\/span><\/span>, Nov. 3, 2025<\/span><\/span> \/PRNewswire\/ — AMTD Group Inc. (“AMTD” or the “Group”),<\/span>AMTD IDEA Group\u00a0(“AMTD IDEA Group”) (NYSE: AMTD; SGX: HKB) and The Generation Essentials\u00a0Group (“TGE”, NYSE: TGE), a subsidiary of AMTD Digital (NYSE: HKD), jointly announce that<\/span> the Group has been in active discussion with the relevant parties for the potential acquisitions of various hotels across the world, including one located in the New York City<\/span> which is currently under exclusive negotiation.<\/p>\n

The Group expects to expand its hotel portfolio to exceed 1,000 rooms within the next 12 to 15 months.<\/p>\n

In February this year, the Group announced that the establishment of the second Dao by Dorsett AMTD hotel globally – Dao by Dorsett AMTD Hornsey in London<\/span>. The Group also announced that it is in exclusive negotiation stage with respect to the acquisition of a hotel in New York City<\/span>. Upon completion, these developments could increase the Group’s total number of keys to 585.<\/p>\n

Meanwhile, the Group actively exploring multiple hotel acquisition opportunities across Europe<\/span>, Southeast Asia<\/span>, Australia<\/span> and New Zealand<\/span>. The Group is targeting to increase its hotel portfolio to over 1,000 rooms within the next 12-15 months, which may result in the doubling of its hotel segment’s revenue contribution.<\/p>\n

\n About AMTD Group<\/b>\n <\/p>\n

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.<\/p>\n

\n About AMTD IDEA Group<\/b>\n <\/p>\n

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com<\/a> or follow us on X (formerly known as “Twitter”) at @AMTDGroup.<\/p>\n

\n About AMTD Digital Inc.<\/b>\n <\/p>\n

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France<\/span>. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https:\/\/ir.amtdigital.net\/investor-news<\/a>.\u00a0<\/p>\n

\n About The Generation Essentials Group<\/b>\n <\/p>\n

The Generation Essentials Group (NYSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France<\/span> and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties.<\/p>\n

\n Safe Harbor Statement<\/b>\n <\/p>\n

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and\/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n

For more information, please contact:<\/p>\n

\n For AMTD IDEA Group:
<\/b>IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com<\/a>\u00a0<\/p>\n

\n For AMTD Digital Inc.:
<\/b>IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net<\/a>\u00a0<\/p>\n

\n For The Generation Essentials Group:
<\/b>IR Office
The Generation Essentials Group
EMAIL: tge@amtd.world<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/amtd-digital-subsidiary-tges-hotels-portfolio-anticipated-to-exceed-1-000-rooms-and-double-its-revenue-302602525.html<\/a><\/p>\n

SOURCE AMTD Digital; AMTD IDEA Group; The Generation Essentials Group<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire PARIS and NEW YORK and SINGAPORE, Nov. 3, 2025 \/PRNewswire\/ — AMTD Group Inc. (“AMTD” or the “Group”),AMTD IDEA Group\u00a0(“AMTD IDEA Group”) (NYSE: AMTD; SGX: HKB) and The Generation Essentials\u00a0Group (“TGE”, NYSE: TGE), a subsidiary of AMTD Digital (NYSE: HKD), jointly announce that the Group has been in active discussion with the relevant parties for the potential acquisitions of various hotels across the world, including one located in the New York City which is currently under exclusive negotiation. The Group expects to expand its hotel portfolio to exceed 1,000 rooms within the next 12 to 15 months. In February this year, the Group announced that the establishment of the second Dao by Dorsett AMTD hotel globally – Dao … <\/p>\n

Continue reading “AMTD Digital subsidiary TGE’s Hotels Portfolio Anticipated to Exceed 1,000 Rooms and double its Revenue”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-904091","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAMTD Digital subsidiary TGE's Hotels Portfolio Anticipated to Exceed 1,000 Rooms and double its Revenue - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-digital-subsidiary-tges-hotels-portfolio-anticipated-to-exceed-1000-rooms-and-double-its-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMTD Digital subsidiary TGE's Hotels Portfolio Anticipated to Exceed 1,000 Rooms and double its Revenue - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PARIS and NEW YORK and SINGAPORE, Nov. 3, 2025 \/PRNewswire\/ — AMTD Group Inc. 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