The 13

    THE 13 is building an ultra-luxury hotel in Cotai in Macau targeted to open in early 2017.The hotel houses a collection of refined and remarkable luxury experiences, including: 200 palatial multi-level villas, an invitation-only L’Atelier offering couture, bespoke and limited edition products from selected major luxury brands, and the only branch of L’Ambroisie, the legendary Paris institution of Michelin 3-star haute cuisine. The hotel’s thirty custom-made Rolls-Royce Phantoms, the world’s largest such fleet, will provide guests limousine service, with chauffeurs specially trained in England.

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    MOU for $1.5 billion investment in South Shore gets extension

    South Shore Holdings, owner of luxury development THE 13 Hotel says it has extended the expiry date of an MOU that would see an associate of a substantial shareholder invest HK$1.5 billion ($191.2 million) into the company. South Shore said the agreement to extend the expiry date was reached on May 3 – which would […]

    South Shore in talks with investor to cut debt

    Hong Kong-listed South Shore Holdings says it has entered a non-binding memorandum of understanding for an investment of as much as HK$1.5 billion ($191.2 million) to cut debt at its luxury hotel in Macau, The 13.

    The 13 receives MGTO hotel license

    The 13 is reportedly on track for its end of August opening after being issued with a hotel license by the Macau Government Tourism Office (MGTO), according to Macau News Agency. Last month, South Shore Group announced it has pushed back its expected opening date for The 13 to ‘on or before’ August 31, as […]

    The 13 to open ‘on or before’ August 31

    South Shore Holdings has pushed back the opening of The 13 to August 31, 2018, after announcing MGTO’s commencement of its re-inspection process. In a filing to the Hong Kong Stock Exchange on Tuesday, the operator of the luxury hotel The 13 said it expects the required licenses, namely, the hotel, F&B, Health Club, and […]

    MGTO finishes re-inspection of The 13

    The Macau Government Tourist Office (MGTO) has completed its re-inspection of luxury hotel, The 13, local media reports. In a written reply to Macau Business, the MGTO said it is now awaiting opinions from technical departments, but did not specify how long this will take. South Shore Group, the operator of The 13, failed its […]

    The 13 opening now expected on July 31: filing

    South Shore Holdings Limited has pushed back the opening of its new luxury hotel tower to July 31, due to ‘additional time’ needed to amend defective works at the hotel. According to a filing to Hong Kong Stock Exchange on Thursday, South Shore said the defective works were identified during the MGTO inspection for the […]

    The 13 Holdings changes name to South Shore Holdings

    The 13 Holdings is proposing to change its name to “South Shore Holdings Limited,” subject to shareholder approval. In a HKEX filing, the company said the new name would provide a clear delineation between its corporate identity and that of its principal asset – The 13. It’s Chinese name will also be changed, to “南岸集團有限公司” […]

    The 13 announces capital reorganization, hotel opening in April

    Owner and operator of The 13, an upcoming luxury hotel in Macau has announced plans for a capital reorganization that will see a consolidation in shares and a reduction in capital. The company said it expects to credit the amount of HK$1.8 billion as a result of the capital reduction to the contributed surplus account […]

    The 13 posts interim loss, timeline to March opening

    Luxury hotel operator The 13 Holdings posted a loss of HK$23.6 million for the six months ended September 30, 2017. The interim result in 2017 is narrowed from a loss of HK$28 million recorded in 2016, due mainly to an increase of gross profit. For the six months, the group’s consolidated revenue increased around 1 […]

    The 13 calls for trading halt

    Luxury hotel and casino company The 13 Holdings has requested a trading halt on the Hong Kong Stock Exchange, effective Friday, October 20, 2017. The company said the halt was pending the release of an announcement on inside information of the company. It did not elaborate further. Earlier this year, The 13 Holdings Ltd. missed […]

    Properties set to open have yet to request casino licenses

    Two new properties in Macau, both initially expected be equipped with casinos, have yet to apply for the licenses for their operation through the six local casino concessionaires or sub-concessionaires, according to responses from the Gaming Inspection and Coordination Bureau (DICJ). The system in place allows for properties to request satellite casino authorization, set up […]

    MGTO waiting for The 13’s request for inspection

    The Macau Government Tourism Office (MGTO) is still waiting for the request from The 13 Holdings to inspect the property to start the licensing process, according to comments from MGTO director Maria Helena de Senna Fernandes to Business Daily. “All documents are already approved but we’re still awaiting the request to inspect the property. Without […]

    Financing gap spells pain for The 13: Union Gaming

    Delays to the opening of Macau’s newest high-end resort, The 13, spells bad news for the operator, said Union Gaming in a note on Tuesday. The hotel was due to open this month, but Union Gaming says a financing gap has prevented the operator from finishing the project. “The timing of the opening of The […]

    The 13 posts year end results, sale of shares

    The 13 Holdings Ltd has entered into a sale and purchase agreement for approximately 51.6 percent interest in the company, for a total of HK$300 million (US$38.4 million). Precious Year Ltd (ITCP) acquired 558.5 million sale shares representing approximately 45.8 percent of the issued share capital of the company, while Tycoon Bliss Limited acquired 73.2 […]

    No set date for The 13 opening: report

    The 13 Hotel has yet to confirm whether its opening will take place in July, which was previously affirmed by the group, Macau Business reports. According to a company spokesperson speaking to Business Daily, “The commercial opening of The 13 will be in 2017, with [the] exact date to be announced.” It is understood the […]

    Luxury casino to open end July

    Luxury hotel operator The 13 Holdings Ltd has received an Occupation Permit from the MSAR government, and is now in the process of obtaining the necessary licenses for operation. The group made the voluntary announcement in a filing to the Hong Kong Stock Exchange on Monday, adding that it anticipates that the hotel will be […]

    The 13 on track for 17Q1 opening

    Macau luxury hotel, The 13 is nearing completion and on track to open in the first quarter of 2017, according to its operator. The 13 Holdings, which filed its interim report on Sunday to the Hong Kong Stock Exchange said it was “going through the process of various government inspections in anticipation of obtaining the […]

    The 13 moves opening date to early 2017

    Luxury hotel project The 13 has pushed back its opening date to ‘early 2017’, according to a press release from the company announcing the delivery of its Rolls-Royce limousines. In a filing in July, the company said its highly anticipated luxury hotel was expected to open in the fourth quarter of 2016. The property was originally […]

    The 13 to open its doors in 16Q4

    Macau’s highly anticipated luxury hotel “The 13”, is expected to be open in the fourth quarter of 2016, said The 13 Holdings in a filing earlier this week. In its financial report for the year ending March 31, 2016, the hotel owner and operator said “all work at the moment is devoted to completing the […]