Macao’s Beleaguered 13 Hotel Has Finally Been Sold

Macao’s beleaguered 13 Hotel has finally been sold

Neither the identity of the buyer nor the price have been disclosed, although one unverified media report claims it went for a massively discounted HK$400 million The post Macao’s beleaguered 13 Hotel has finally been sold  appeared first on Macao News.

Macau ultra-luxury hotel The 13 sold to undisclosed buyer

Failed Macau ultra-luxury hotel project The 13 has reportedly been sold to a new owner, potentially lending new life to the operation which was banking on a casino for success. The post Macau ultra-luxury hotel The 13 sold to undisclosed buyer first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Troubled Macau hotel THE 13 said to have sold for US$51 million

Long-troubled Macau hotel THE 13 has been purchased for HK$400 million (US$51 million), according to Hong Kong media reports. THE 13, originally envisioned as an uber-luxury hotel and casino before its construction was plagued by financial woes, was first put up for public auction in March 2024 with an asking price of HK$2.4 billion (US$306 million). Although reports at the time indicated that up to 24 parties had expressed interest, no deal was…