Consortium Acquires Hong Kong’s Butterfly on Hollywood to Be Rebranded as Travelodge Central, Hollywood Road

Travelodge | August 9, 2017

HONG KONG, CHINA - 9 August 2017 - A consortium comprising SGX-listed ICP Ltd and a real estate private equity fund has acquired Butterfly on Hollywood, a 148-room midscale hotel primely located in the Central district of Hong Kong. From September 2017 onwards, the hotel will be rebranded as Travelodge Central, Hollywood Road and be operated by Travelodge Hotels Asia, a wholly owned subsidiary of ICP Ltd. Situated at the intersection of Hollywood Road and Possession Street, the hotel sits conveniently in the heart of Hong Kong Island between Central and Sheung Wan. Its proximity to numerous tourist attractions and multiple offices in th...