Hong Kong Hilton
Encyclopedia
Hong Kong Hilton was a hotel in Central
, Hong Kong
. Built in 1963, the 26 storey hotel was initially the only 5-star hotel on the island side
of the territory. It closed in May 1995, and was demolished soon thereafter (along with Beaconsfield House
) to make way for a commercial development, the Cheung Kong Centre.
, who licensed Hilton Hotels Group
to operate it for 50 years. The 750-room hotel opened in 1963 and was one of the most prestigious in the colony, a favorite tourists and dignitaries alike.
In January 1994, with about 20 years of the management contract to run, Hutchison announced the buyout of the remaining term for US$125 million. The hotel subsequently closed its doors on 1 May 1995, the landmark was to be torn down and rebuilt as a multi-storey commercial office complex and headquarters for Li Ka-shing's flagship holding company, Cheung Kong Holdings.
The Hong Kong Hilton had staff of 850. Its employees were given an average of nine months' salary as part of the redundancy package. Also, Hutchison placed over 60% of its staff in the new Harbour Plaza Hotel in Hung Hom
. Hilton Hotels still maintains a presence on Hong Kong Island, with the Conrad
at Pacific Place
.
Central, Hong Kong
Central is the central business district of Hong Kong. It is located in Central and Western District, on the north shore of Hong Kong Island, across Victoria Harbour from Tsim Sha Tsui, the southernmost point of Kowloon Peninsula...
, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
. Built in 1963, the 26 storey hotel was initially the only 5-star hotel on the island side
Hong Kong Island
Hong Kong Island is an island in the southern part of the Hong Kong Special Administrative Region. It has a population of 1,289,500 and its population density is 16,390/km², as of 2008...
of the territory. It closed in May 1995, and was demolished soon thereafter (along with Beaconsfield House
Beaconsfield House
Beaconsfield House was a government office building in Hong Kong's Central district.Built in 1963, the building was home to the Information Services Department until it was demolished along with the neighbouring Hong Kong Hilton in 1995 to make way for the Cheung Kong Center.-Plot history:The ...
) to make way for a commercial development, the Cheung Kong Centre.
History
The 26-storey building was owned by Hutchison WhampoaHutchison Whampoa
Hutchison Whampoa Limited or HWL of Hong Kong is a Fortune 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL is an international corporation with a diverse array of holdings which includes the world's biggest port and telecommunication operations in 14...
, who licensed Hilton Hotels Group
Hilton Hotels Corporation
Hilton Worldwide is a global hospitality company. It is owned by the Blackstone Group, a private equity firm. As of July 2011 Hilton brands encompass 3,750 hotels with over 600,000 rooms in 84 countries...
to operate it for 50 years. The 750-room hotel opened in 1963 and was one of the most prestigious in the colony, a favorite tourists and dignitaries alike.
In January 1994, with about 20 years of the management contract to run, Hutchison announced the buyout of the remaining term for US$125 million. The hotel subsequently closed its doors on 1 May 1995, the landmark was to be torn down and rebuilt as a multi-storey commercial office complex and headquarters for Li Ka-shing's flagship holding company, Cheung Kong Holdings.
The Hong Kong Hilton had staff of 850. Its employees were given an average of nine months' salary as part of the redundancy package. Also, Hutchison placed over 60% of its staff in the new Harbour Plaza Hotel in Hung Hom
Hung Hom
Hung Hom is an area of Kowloon, in Hong Kong, administratively part of the Kowloon City District, with a portion west of the railway in the Yau Tsim Mong District. Hung Hom serves mainly residential purposes though is mixed with some industrial buildings in the north.-Geography:Hung Hom is located...
. Hilton Hotels still maintains a presence on Hong Kong Island, with the Conrad
Conrad Hotels
Conrad Hotels is an international brand of upscale luxury hotels and resorts owned and operated by the Hilton Worldwide. Conrad was considered the luxury flagship brand in the Hilton Family of Brands, named after company founder Conrad Hilton, until being supplanted by The Waldorf-Astoria...
at Pacific Place
Pacific Place
Pacific Place is a complex of office towers, hotels and a shopping centre situated at 88 Queensway, in Admiralty, Hong Kong. The latest phase, Three Pacific Place, is located at 1 Queen's Road East....
.