The 13 Hotel in Macau Changes Hands After Discounted Sale

The 13 Hotel, a luxury property in Macau long associated with financial troubles and unfulfilled ambitions, has reportedly been sold after several unsuccessful sale attempts. While the buyer’s identity and final transaction value remain under wraps due to a Non-Disclosure Agreement, reportedly the sale price was HK$400 million (US$51 million)—a significant drop from its original HK$2.4 billion (US$309 million) asking price. From […]