HKDL announced third hotel. Investment is $4.26 billion, it will have 750 rooms and scheduled to open in 2017. The new hotel will be located next to Disney Hollywood Hotel. When it is completed the resort will have about 1,750 rooms.
Both WDC and HK govt will invest in the hotel. $1.7 billion will be invested by WDC, $0.6 billion from HKDL's operating cash reserves, and both HK govt and WDC will provide new loans for the remaining costs.
As WDC will invest $1.7 billion, HK govt will also convert its $1.7 billion loan into equity so it can retain its shareholding percentage.
HKDL will owe both WDC and HK govt $1.1 billion after this deal is done. It will start repaying the loans from 2022.
No concept arts or theme details yet. I expect these to come very soon. Hk govt won't lend money without knowing what exactly is being built.
Apple Daily quoted Andrew Kam, the third hotel will have an adventure and exotic theme. It will be a high-end hotel. He thinks with the Zhuhai-Macau-HK bridge opening in 2016, the hotel will do great business.