Wednesday, 9 January 2013

Ocean Park to Become a Comprehensive International Resort Destination Boosted by Development of Ocean Hotel


Hotel Targeted for 2016 Completion to Complement the Recently Completed
Master Redevelopment Plan and Additional New Attractions Opening from 2014
Hotel Project Alone Expected to Create 3,500 New Employment Positions

Ocean Park has announced news of further expansion with the issuance of a tender invitation to develop a hotel targeted for completion in the third quarter of 2016. With the completion of the Master Redevelopment Plan and the planned opening of a number of new world-class attractions from 2014, one day is not enough to experience all that the Park has to offer. The planned hotel will thus provide convenient accommodations for guests spending multiple days at Ocean Park, and transform Hong Kong People’s Park into a premier international resort destination. The hotel project, now featuring terms that are more in line with market expectations, is expected to create 3,500 new employment positions during the construction phase and, upon completion, approximately 500 permanent hospitality positions.

The 495-room “Ocean Hotel” will be built on a 17,044 square-metre site in front of Ocean Park’s main entrance. Tender submissions will be accepted until 8 April 2013, and the contract with the successful tenderer is expected to be signed during the fourth quarter of 2013. Tender submissions will first be assessed and scored on their respective Technical Proposals, with design excellence receiving a weighting of 65%, whilst financial strength of the proponent and hotel management credentials are assigned a 35% weighting. Submissions that exceed the passing score under the Technical Proposal assessment will be ranked in order of the land premium offered in their respective Financial Proposal, with the tenderer proposing the highest amount to be selected as the Most Preferred Proponent. The Most Preferred Proponent will be appointed as the successful tenderer once they are able to satisfy the statutory process and requirements, e.g. Planning Approval Conditions; acceptance of lease modification conditions; payment of land premium, etc.

Ocean Park expects the tender exercise will attract feasible and sustainable development proposals as the Government will accept the premium offered by the Most Preferred Proponent.

Dr. Allan Zeman, Chairman of Ocean Park, said, “Having been recognised as a world-leading theme park with our recent Applause Award accolade, we are now ready to transform Ocean Park into a premier international resort destination and further fulfil our role as a major pillar of Hong Kong’s tourism industry. With the completion of the MTR South Island Line in 2015, the new hotel will also enhance Southern District’s position as a new base for travellers. The proposed design of the hotel must be compatible with Ocean Park’s mission to provide guests with memorable experiences combining conservation, education and entertainment values, as well as its vision to connect people with nature. We are grateful to the Hong Kong Government for working closely with us to come up with an appealing project, which will enhance destination tourism, and reinforce our contribution to local employment opportunities in both the construction and hospitality sectors.”

Dr. Zeman concluded, “Further to the completion of our Master Redevelopment Plan, which expanded the Park significantly, Ocean Park will be unveiling a number of world-class attractions beginning in 2014. A new shark aquarium, created from the former Atoll Reef, will open in the third quarter of 2014. This will be followed by the opening of the much-anticipated koala exhibit in the fourth quarter of 2014. More exciting still is the on-going planning work for the redevelopment of the now-closed Tai Shue Wan area into a water park. We look forward to sharing each exciting milestone with the people of Hong Kong and visitors from all over the world alike. ”

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