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Hong Kong Developer in Talks to Buy Majority Stake in Operator of Floating Queen Mary Hotel

Far East Consortium Could Be Lifeline for 18 US Hotels, Including Historic California Ocean Liner
The 1,019-foot Queen Mary is now a hotel in Long Beach, California. (Urban Commons)
The 1,019-foot Queen Mary is now a hotel in Long Beach, California. (Urban Commons)

An international hotel company is in talks to acquire a majority stake in a struggling Singapore real estate investment trust that operates 18 U.S. hotels including the Queen Mary, a retired ocean liner converted to a floating hotel in Long Beach, California.

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