Mandarin Oriental receives proposals for Excelsior hotel in Hong Kong

Mandarin Oriental receives proposals for Excelsior hotel in Hong Kong

Tourists pose for photographs on a viewing terrace at Victoria Peak in Hong Kong, China, on Monday, Sept. 11, 2017. Hong Kong stocks fluctuated on Sept. 12 as automakers extended gains driven by China's plan to phase out fossil-fuel vehicles, while banks and property companies weighed on the benchmark index. Photographer: Billy H.C. Kwok/Bloomberg

Mandarin Oriental International Ltd. has received interest from potential buyers of the Excelsior hotel in Hong Kong in what would be a test of the resilience of demand for the city’s commercial real-estate assets that has sent prices soaring.

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