Regal Hotels Enters The Sandbox to Create Green City Mega City, Plans to Launch Metaverse Conference Center

 Regal Hotels Group (Regal Hotels) is building a green city Mega City in the blockchain game The Sandbox, becoming the first listed real estate group in Hong Kong to invest in virtual land. Regal Hotels, one of Hong Kong's largest hotel operators with more than 8,200 rooms, estimates that as many as 5 million people, or two-thirds of Hong Kong residents, could become "residents" in its Mega City. Poman Lo, vice-chairman and managing director of Regal Hotels, also said it was preparing to launch a Metaverse Conference Centre that would stream large industry conferences live to attendees, unlike online meeting platforms such as Zoom or Microsoft's Teams, where attendees would be able to Meet new business partner avatars online. The company is in discussions with organizers of a "leading sustainability conference" scheduled for later this year at the convention center to broadcast some of the sessions at its Metaverse Conference Center. (South China Morning Post)