Versace to open Macau luxury hotel
The Italian luxury brand has signed a deal to open its third ‘Palazzo’ hotel, as part of a new casino resort development in Cotai, Macau.
Versace has partnered with Hong Kong based SJM holdings on the deal, which will see a new five star hotel opening in the Chinese city of Macau. The new location will join the company’s two Palazzo Versace hotels, located in Dubai (where plans for a refrigerated beach sadly had to be scrapped) and on Australia’s Gold Coast.
Macau, which featured in last year’s James Bond blockbuster “Skyfall,” is one of China’s two special administrative regions, alongside Hong Kong. The former Portuguese colony is the only part of the People’s Republic where casinos are permitted, and it’s a lucrative business.
According to Bloomberg, Macau raked in around $38 billion from casinos in 2012 with tourist numbers from mainland China and Hong Kong growing year on year.
Luxury hotels are an increasingly big attraction for fashion brands: Giorgio Armani has two locations in Dubai and Milan, while fellow Italian label Bulgari has three hotels in London, Milan and Bali, restaurants in Japan and a new Shanghai spot set to open up in 2015.
More Hotels News
Elaf Group's Makkah and Madinah hotels popular at ATM Dubai
Sunday, 01 May 2016
The Elaf Group of Saudi Arabia has revealed its successful participation at the recently ...
ME Ibiza is one of the most luxurious resorts in Ibiza, Spain
Sunday, 17 April 2016
Luxury lifestyle property, ME Ibiza, one of the island’s hottest hotels, will re-open for its ...
Ritz-Carlton, Budapest opens
Wednesday, 13 April 2016
The Ritz-Carlton Hotel Company revealed its first hotel in Hungary, with the much-anticipated ...
Switzerland's 5-star hotel offers Halal meals
Sunday, 10 April 2016
The 150 years old Hotel Schweizerhof Bern has been the leading hotel in Switzerland’s capital ...
UK ‘preferred’ destination for Middle East travelers in 2015
Saturday, 09 April 2016
France, Turkey, USA and Spain round out top five destinations as Preferred Hotels & Resorts ...
Deal finalized for world's largest hotel group
Monday, 21 March 2016
The world's largest hotel group has been created with the merger of Starwood and Marriott. ...
Start your Adventure
North & South America