Karl Lagerfeld’s first hotel to be developed in Macau by SJM

The luxury hotel will be the first in the world fully designed by Karl Lagerfeld. Expected to open in 2017, the hotel will comprise 270 guestrooms and suites in a 20-storey exclusive tower as part of Lisboa Palace, SJM’s destination resort in Cotai, Macau.

Dr Ambrose So, Chairman of the Board of Directors of SJM commented: “We are excited to collaborate with Karl Lagerfeld, a multi-talented and visionary designer, to introduce the first Karl Lagerfeld Hotel. Together with Palazzo Versace Macau and our own Lisboa brand, our destination resort will become a hub of luxurious accommodation. This partnership further demonstrates Sino-western cultural interchange which has a long tradition in Macau.”

Mr. Pier Paolo Righi, CEO and President of Karl Lagerfeld Group BV, added: “This project is an important milestone in the development of our brand and business globally and specifically in Greater China, where we embarked with our organization last year and have opened five Karl Lagerfeld stores recently. We are proud that the very first hotel opens in this important and fascinating region.”

Scheduled to open in 2017, Lisboa Palace will comprise a full range of non-gaming facilities including around 2,000 hotel rooms housed in The Lisboa Palace Hotel, Palazzo Versace Macau and Karl Lagerfeld Hotel, as well as a number of Michelin-starred restaurants, a themed retail mall with further food and beverage options, a wedding pavilion and a multi-purpose theatre for celebrations and events.

“I am very happy and proud to work on such a great project, an entire hotel designed by me. It’s the first time for me, I think the idea is great!” said Lagerfeld.

www.sjmholdings.com

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