Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
TGE is in exclusive talks to buy a NYC hotel, boosting its rooms by 60% by year-end 2025.
AMTD Digital’s subsidiary, The Generation Essentials Group (TGE), is in exclusive talks to acquire a New York City hotel with at least 150 rooms and significant retail and amenity space, aiming for a closing by year-end 2025.
If completed, the deal would boost TGE’s room count from 366 to 585, a 60% increase, and is part of a broader plan to expand its global hospitality portfolio beyond 1,000 rooms within 12 to 15 months.
The company is also exploring acquisitions in Europe, Southeast Asia, Australia, and New Zealand.
TGE, a joint venture within the AMTD Group, operates in media, entertainment, and VIP services, with growth supported by digital platforms and international presence.
Forward-looking statements are subject to risks and uncertainties.
TGE está en conversaciones exclusivas para comprar un hotel de Nueva York, aumentando sus habitaciones en un 60% para fines del año 2025.