AMTD IDEA Group, after acquiring the Hilton Garden Inn in Tribeca for $69 million earlier this year, is in advanced talks to buy a third hotel in New York City. The company is also in the final stages of acquiring a second hotel in the city, though both deals are subject to final negotiations and approvals. These acquisitions highlight AMTD IDEA's expansion in the New York hospitality market, but completion is not guaranteed. Investors should watch for updates on these potential transactions.
AMTD IDEA's ongoing hotel acquisition talks come amid a strong Real Estate sector performance on Pluang. For readers following the Real Estate sector, here is Pluang's market snapshot as of Nov 05, 2026 00:11 WIB: 46 of 47 priced US Real Estate stocks rose today. Notable movers include CBRE at USD 141.27 (+4.24%), NLY at USD 18.99 (+4.17%) with a typical hold time of 94 days and 90% sell order activity, and AMT at USD 194.61 (+3.91%) with a typical hold time of 86 days and 100% sell order activity.
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