TGE confirms plan to build, develop The Art Newspaper Hotel brand

AMTD Group, AMTD IDEA Group (AMTD), AMTD Digital (HKD) and The Generation Essentials Group (TGE) announce that the board of TGE has approved a strategic plan to build and develop The Art Newspaper Hotel brand globally. TGE is the owner of The Art Newspaper, an online and print publication that covers the international art world. In addition to a 100-plus-page monthly print edition, The Art Newspaper provides a daily online news service, as well as multiple newsletters and two weekly podcasts. It also produces special daily editions at the Art Basel fairs in Basel, Miami Beach and Hong Kong and at the Frieze fairs in London, Los Angeles and New York, to name a few. The Art Newspaper is also known for its in-depth reports on annual museum attendance figures and the year’s forthcoming exhibitions compiled in “The Year Ahead” magazine. Leveraging The Art Newspaper’s leading position as art world experts, each The Art Newspaper Hotel will cultivate an environment of refined taste and deep cultural appreciation. Furthermore, the hotels are expected to feature exclusive private club and premium dining experiences, fostering a truly distinctive and sophisticated atmosphere. Based on this strategic direction, the board of TGE has approved plans for TGE to establish the world’s first The Art Newspaper Hotel in 2026 or 2027. TGE aims to expand this hotel brand globally, with a target of opening 4 to 5 hotels within the next five years.