Boulevard Holdings, Inc.

The Ritz-Carlton in Melbourne and the one in Perth are being sold for about $500 million, according to various Australian news sources. The Australian Financial Review predicted ultra-high net worth Australians and offshore investors are expected to bid for the hotels after Far East Consortium put them on the market with price expectations of about $500 million. This follows the opening of […]

The average occupancy rate of Macau’s hotels and guesthouses fell by -6.3 percentage points year over year in June to a very weak 39.1%. The worst thing about that is the result will be lower than that for July. The Macau Statistics and Census Service said the occupancy rate for 5 star hotels fell by -12.2 […]