Designer Lagerfeld to create hotel for SJM

    Chanel designer Karl Lagerfeld is designing a 270-room hotel for SJM Holdings, according to media reports. The property in Cotai is scheduled to open in 2017. The Macau hotel is being developed under Lagerfeld’s own brand, Karl Lagerfeld Greater China. “An entire hotel designed by me. It’s the first time for me! I think the idea is great!” he was cited as saying.