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The Guardian - AU
The Guardian - AU
World
Alastair McCready

Macau’s Grand Emperor hotel rips up lobby floor to sell off gold bricks

Gold Macau United States
Macau’s Grand Emperor hotel had gold bars laid into the floor
Macau’s Grand Emperor hotel had gold bars laid into the floor Photograph: Cempaka

The Grand Emperor hotel in Macau has ripped up and sold the gold bricks lining its lobby floor, earning nearly $13m (£9.6m) amid a rise in the metal’s value due to turbulent geopolitical conditions.

The hotel, which opened in 2006, is known for its opulent decor including a “golden pathway” featuring dozens of gold bars in its entranceway.

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