Macau’s Grand Emperor hotel rips up lobby floor to sell off gold bricks
Parent company says the bullion created a ‘sumptuous atmosphere’ but current market conditions offered a ‘good opportunity’ to sell itThe Grand Emperor hotel in Macau has ripped up and sold the gold bricks lining its lobby floor, earning nearly $13m (£9.6m) amid a rise in the metal’s value due to turbulent geopolitical conditions.The hotel, which opened in 2006, is known for its opulent decor including a “golden pathway” featuring dozens of gold bars in its entranceway. Continue reading...
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Parent company says the bullion created a ‘sumptuous atmosphere’ but current market conditions offered a ‘good opportunity’ to sell it
The Grand Emperor hotel in Macau has ripped up and sold the gold bricks lining its lobby floor, earning nearly $13m (£9.6m) amid a rise in the metal’s value due to turbulent geopolitical conditions.
The hotel, which opened in 2006, is known for its opulent decor including a “golden pathway” featuring dozens of gold bars in its entranceway.
Continue reading...
