The British group has announced the development of a Regent Hotels & Resorts property, the first since the acquisition of the brand
Last March, IHG acquired the luxury brand Regent Hotels & Resorts. The British group said today that it has signed a contract to develop a new hotel in Kuala Lumpur, the first since the acquisition.
Steven Pan, Executive Chairman, Formosa International Hotels Corporation says: “IHG shares our vision for the Regent brand. It’s been four months since IHG acquired a majority share in Regent Hotels & Resorts and we have already seen what can be achieved in a joint venture with one of the largest and most respected hotel companies. It’s an exciting time for the brand as we propel Regent back to worldwide reach and evolve the brand to appeal to the luxury traveller of today and tomorrow.”
Another anecdotal fact: it is planned to rename the emblematic InterContinental Hong Kong as the Regent Hotel in 2021. The property will recover its original brand after opening in 1980.
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