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Regal Hotels Sells Hong Kong Hotel for HK$1.52 Billion

3/23/2026

Summary

Story summary

Regal Hotels International Holdings sold the 494-room Regal Oriental Hotel in Hong Kong for HK$1.52 billion (US$194 million) to Blue Sky Properties, part of the Centaline Group, about 7.8% below its end-2025 appraised value of HK$1.65 billion.
The sale includes HK$753 million in debt the buyer will assume, and the hotel will become a CampusOne Communities hostel.
The deal signals rising demand for student accommodation amid an 88,000-bed shortfall in Hong Kong.

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Story summary

Regal Hotels International Holdings sold the 494-room Regal Oriental Hotel in Hong Kong for HK$1.52 billion (US$194 million) to Blue Sky Properties, part of the Centaline Group, about 7.8% below its end-2025 appraised value of HK$1.65 billion.
The sale includes HK$753 million in debt the buyer will assume, and the hotel will become a CampusOne Communities hostel.
The deal signals rising demand for student accommodation amid an 88,000-bed shortfall in Hong Kong.