Billionaire Cheng Family Put London Rosewood Hotel Up for Sale

Rosewood Hotel, London.Source: Rosewood Hotel Group

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Natasha Voase and Faris Mokhtar

December 23, 2025 at 2:20 AM UTC

Updated on

December 23, 2025 at 8:13 AM UTC

The billionaire Cheng family have put a luxury London hotel up for sale as they grapple with liquidity challenges at debt laden Hong Kong property group New World Development Co.

The family, led by tycoon Henry Cheng, has appointed advisers to offer the Rosewood Hotel in London’s Holborn district for sale, people with knowledge of the plan said, asking not to be identified as the plan is private.