Kuala Lumpur

AMTD Digital subsidiary, The Generation Essentials Group (TGE), is expanding its global hospitality presence by acquiring an 80% stake in Kuala Lumpur’s Upper View Regalia Hotel for HK$300 million. This move strengthens TGE’s Southeast Asian footprint and adds to its growing portfolio of six premium hotels worldwide, totaling over 800 rooms. The acquisition is expected to drive synergy through AMTD’s diverse expertise.

H World Group is expanding further into Southeast Asia with new JI Hotels in Kuala Lumpur and Phnom Penh. This marks H World’s entry into Malaysia and strengthens JI Hotel’s presence in the region. The Kuala Lumpur property is set to open in Q4 2026, while the Phnom Penh hotels are scheduled for Q2 and Q3 2026. This expansion is driven by growing demand in Southeast Asia’s hospitality sector and is part of H World’s broader strategy to leverage its complete ecosystem for growth in Asia Pacific.