The Ritz-Carlton Perth: A New Gem in TGE’s Expanding Luxury Hotel Collection

Published on December 9, 2025

AMTD Digital’s subsidiary, The Generation Essentials Group (TGE), has successfully acquired a 50% stake in the Ritz-Carlton Perth, marking a key milestone in the company’s strategic expansion within the global hospitality sector. The acquisition, which involves a Sale and Purchase Agreement (SPA), is valued at A$100 million (approximately US$66.4 million), and further strengthens TGE’s portfolio of premium properties around the world.

Located on the scenic Elizabeth Quay waterfront, the Ritz-Carlton Perth is a luxurious five-star hotel known for its sophisticated amenities, stunning river views, and world-class service. With this acquisition, TGE solidifies its commitment to expanding in high-potential markets, continuing to broaden its presence in key global cities, including New York, London, Hong Kong, Singapore, and Malaysia.

A Significant Acquisition in Australia’s Luxury Hospitality Market

The Ritz-Carlton Perth represents a prestigious addition to TGE’s growing collection of premium hotel properties. The hotel features 205 elegantly appointed guest rooms and suites, each designed to offer panoramic views of the river, skyline, and urban parks. Its prime location on the waterfront makes it an ideal choice for both luxury travelers and those seeking memorable experiences in one of Australia’s most dynamic cities.

In addition to its well-appointed rooms, the hotel boasts a rooftop bar, a river-view infinity pool, and a selection of culinary experiences that showcase the finest local ingredients from Western Australia. The Ritz-Carlton Perth is also a popular venue for weddings and receptions, offering a romantic setting that perfectly complements the luxurious atmosphere of the hotel.

As part of TGE’s broader expansion strategy, this acquisition aligns with the company’s vision to enhance its global hospitality offerings and deliver exceptional experiences to travelers worldwide. The Ritz-Carlton brand, renowned for its premium service and unparalleled luxury, complements TGE’s goal of creating unique, world-class hotel experiences in key destinations across the globe.

Strategic Growth in the Global Hospitality Sector

TGE’s acquisition of the Ritz-Carlton Perth is part of the company’s wider strategy to expand its hotel portfolio through strategic investments in premium properties. The move is in line with TGE’s ongoing efforts to enhance its global presence, which already includes notable properties such as iclub AMTD Sheung Wan Hotel in Hong Kong, Dao by Dorsett AMTD in Singapore, and new acquisitions in New York, London, and Malaysia.

The addition of the Ritz-Carlton Perth further strengthens TGE’s competitive positioning in the luxury hotel market, providing guests with access to a globally recognized brand that is synonymous with luxury and world-class service. TGE’s expertise in managing high-end properties, coupled with the Ritz-Carlton’s established reputation, ensures that the Perth location will continue to be a top choice for both leisure and business travelers.

The Ritz-Carlton Perth: A Premier Destination for Luxury Travellers

The Ritz-Carlton Perth is not just a luxury hotel, it’s a destination in itself. Offering a unique combination of modern amenities and timeless elegance, the hotel is designed to provide an unforgettable experience for every guest. From the rooftop bar with breathtaking views to the luxury spa and state-of-the-art fitness center, the Ritz-Carlton Perth caters to the needs of the most discerning travelers.

Additionally, the hotel’s commitment to showcasing local culture and regional cuisine makes it a key part of Perth’s hospitality landscape, allowing guests to experience the best of what Western Australia has to offer. As TGE expands its presence in Australia and other key international markets, the Ritz-Carlton Perth will play an important role in elevating the company’s brand in the global hospitality sector.

Future Expansion Plans and Strategic Vision

With the acquisition of the Ritz-Carlton Perth, TGE is poised to continue its global expansion across multiple continents. The company’s strategic vision involves acquiring premium hotel properties in key global markets, ensuring that it can cater to the growing demand for luxury accommodations in some of the world’s most sought-after destinations. TGE’s future plans include further investments in high-profile cities, providing travelers with access to world-class hospitality experiences and a diverse portfolio of hotels.

As part of its expansion, TGE will also continue to enhance its hotel management capabilities, focusing on delivering exceptional service and creating memorable experiences for guests. The partnership with AMTD Group and AMTD IDEA Group further strengthens TGE’s position in the global hospitality market, positioning it for long-term growth and success.

A Milestone in TGE’s Global Expansion

The successful acquisition of the 50% stake in the Ritz-Carlton Perth marks a significant milestone for TGE and reflects the company’s commitment to expanding its portfolio of luxury hotels in key international markets. With plans to further expand across Australia, Hong Kong, Singapore, Malaysia, and other top destinations, TGE is well on its way to becoming a global leader in the hospitality sector.

For travellers, the Ritz-Carlton Perth offers an unparalleled luxury experience, combining world-class amenities, stunning views, and exceptional service in one of Australia’s most vibrant cities. As TGE continues to expand its presence, it is set to redefine the luxury travel experience for guests around the world.