High-profile hotels such as Hotel Tcherassi and Sofitel Santa Clara are at capacity during annual events like the Hay Festival, a branch of the UK literary fair of the same name.
One high-profile deal involves its purchase in late 2012 of a grade-A office and five-star hotel complex in downtown Shanghai from a distressed local developer.
It holds dozens of properties around Hong Kong (see profile here), though it is making a splash this month with the opening of a new Indigo hotel that will be managed by the InterContinental Hotels.