Prognosis
Hong Kong Developers Convert Hotels to Isolation Centers
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Hong Kong’s top property tycoons will convert some hotels to isolation centers as they join efforts to contain the city’s biggest Covid-19 outbreak.
Sun Hung Kai Properties Ltd. will provide about 1,000 rooms for community quarantine by converting two hotels while New World Development Co. will create 700 rooms, the companies said separately. Victor Li’s CK Asset Holdings Ltd. will provide more than 3,000 rooms from four of its hotels, according to a company statement on Friday.