The Generation Essentials Group $(TGE)$, a subsidiary of AMTD Digital Inc., has entered into an agreement to acquire the Ritz Carlton Hotel in Perth, Western Australia. The hotel, located at Elizabeth Quay, marks the 100th Ritz Carlton property worldwide and features 209 luxury rooms, a restaurant and lounge, bar, spa, infinity pool, fitness centre, and event spaces. The deal is subject to customary closing conditions and represents a significant step in TGE's growth within the global hospitality sector, according to a joint announcement by AMTD Group Inc., AMTD IDEA Group, AMTD Digital Inc., and TGE.
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