AMTD Nears $328M Hospitality Acquisitions as Film Arm Hits $789M Box Office
AMTD expects to close hospitality deals totaling US$328 million—including The Ritz-Carlton Australia, Upper View Regalia Malaysia and UK assets including AMTD Dao by Dorsett Hornsey Hotel and The AMTD IDEA House—within three weeks. Its film arm drove over US$789 million in global box office led by Scare Out’s US$197 million gross.
1. Hospitality Portfolio Expansion
AMTD Group has advanced toward finalizing hospitality acquisitions worth approximately US$328 million, targeting completion within the next two to three weeks. The deal package spans The Ritz-Carlton Australia, Upper View Regalia Hotel in Malaysia, and a UK portfolio featuring AMTD Dao by Dorsett Hornsey Hotel and The AMTD IDEA House in London.
2. Film Unit Box Office Success
AMTD’s entertainment division has amassed over US$789 million in global box office receipts, driven by Scare Out’s US$197 million performance and strong showings from Shock Wave 2, Moscow Mission, The Goldfinger and The Last Dance. The slate for the remainder of the year includes Mother Bhumi, Dog Day Evening and a re-release of Shock Wave 2.