Karl Lagerfeld announced on Monday that he plans to launch his own branded hotel chain, with the first to open in the Chinese gambling hub of Macau in 2018.

Karl Lagerfeld announces plans for Macau hotel Read more His first hotel is being built with a local partner in the luxury Lisboa Palace Complex in Macau but the Lagerfeld group is “in the process of studying other opportunities to open other properties around the world,” it said in a statement.

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