AMTD Acquires 50% Stake in Ritz-Carlton Perth

PERTH, June 1, 2026 — AMTD Group has expanded its luxury hospitality portfolio through the acquisition of a 50 percent stake in The Ritz-Carlton, Perth. The investment, completed through TGE for US$72 million (A$100 million), strengthens the group's presence in the global premium hotel sector and increases its exposure to Australia's hospitality market.

The transaction values the waterfront hotel at approximately US$201 million (A$280 million). The investment forms part of AMTD's long-term strategy to build a diversified portfolio of luxury hospitality assets in key international destinations.

AMTD Ritz-Carlton Perth Investment Strengthens Luxury Portfolio

The Ritz-Carlton, Perth is located within Elizabeth Quay, one of Western Australia's most prominent waterfront developments. Positioned along the Swan River, the hotel serves both leisure and business travelers visiting the city.

The acquisition brings AMTD's global hospitality portfolio to nearly 1,000 rooms, reflecting the company's continued focus on premium hotel investments backed by internationally recognized brands.

Waterfront Hotel Occupies Prime Position in Perth

The property features 205 guestrooms and suites overlooking the Swan River and Perth skyline. Guests have access to multiple restaurants, lounges, wellness facilities, a luxury spa, fitness center, infinity pool and event spaces.

Elizabeth Quay has become a major mixed-use destination combining tourism, business, residential and entertainment offerings. The district continues to attract investment as Perth expands its waterfront infrastructure and visitor economy.

Luxury Hospitality Remains Attractive to Investors

Premium hotel assets continue attracting investor interest due to their multiple revenue streams, including accommodation, food and beverage services, wellness experiences and event operations.

Industry analysts note that luxury properties affiliated with established international brands often benefit from resilient demand and strong operational performance, particularly in major tourism and business destinations.

Australia Supports Long-Term Hospitality Growth

Australia remains an important market for hospitality investors due to its stable tourism sector, infrastructure development and growing demand for high-quality accommodations. Major cities continue to attract both domestic and international visitors across leisure and corporate travel segments.

Perth's role as a commercial hub and gateway to Western Australia supports year-round demand for premium hotel offerings, while attractions along the Swan River and surrounding regions contribute to leisure tourism growth.

Ritz-Carlton Perth Holds Global Brand Significance

The Ritz-Carlton, Perth holds a notable place within the luxury hotel brand's global portfolio as its 100th property worldwide. The milestone has enhanced the hotel's visibility among international travelers seeking high-end hospitality experiences.

The property's combination of luxury accommodations, waterfront location and access to Perth's central business district has helped establish it as one of the city's leading premium hospitality destinations.

AMTD Targets Future Hospitality Expansion

AMTD continues pursuing opportunities across the global hospitality sector as international travel demand evolves. The company focuses on assets that combine strong brand positioning, strategic locations and long-term value creation potential.

The Ritz-Carlton, Perth investment aligns with broader industry trends that favor experience-led luxury travel, wellness offerings and destination-focused hospitality. As global travel continues to recover, premium hotel assets remain a key area of focus for investors seeking sustainable growth opportunities.

Source: AMTD Group transaction announcement and company investment disclosures.