Tag Archives: Regent

InterContinental Hotels Group (IHG) announced to bring Regent into its brand portfolio at the top end of the luxury segment and will accelerate its growth globally. It has agreed to acquire a 51 per cent stake in Regent Hotels and Resorts for $39 million in cash. IHG’s intention is to grow the brand from six hotels today to over 40 hotels in key global gateway city and resort locations over the long term. The Regent brand has set the benchmark for luxury hotels globally since it was founded in 1970. It has a world-renowned heritage, built around the elegant, timeless design of its hotels and rooted in its focus on delivering a truly unique and superior luxury experience for guests. The acquisition of Regent is part of one of IHG’s new strategic initiatives focused on continuing to expand its footprint in the fast-growing $60 billion luxury segment.  This initiative is supported by the creation of a new dedicated division to further enhance capabilities in this area and will be funded by IHG’s efficiency programme. IHG also announced that following an extensive refurbishment due to commence in early 2020, InterContinental Hong Kong will become a Regent Hotel in early 2021.

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