The Generation Essentials Group Acquires Hilton Garden Inn New York City Tribeca
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The Generation Essentials Group (TGE), a subsidiary of AMTD Digital Inc., has acquired the Hilton Garden Inn New York City Tribeca as part of a larger agreement involving three hotels valued over USD 300 million. This acquisition adds 151 rooms and retail space to TGE's portfolio, expected to grow by approximately 500 rooms in six months. The transaction is subject to customary closing conditions and marks a significant milestone for TGE as it plans further expansion in 2025.
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