InterContinental Hotels Group (IHG) will open its first hotel brand after acquiring a majority stake in Regent Hotels & Resorts in March 2018.
IHG has signed a management agreement with Shanghai 21st Century Hotel Co. for its Shanghai property and from May 16 the hotel will be officially branded as Regent Shanghai Pudong.
Meanwhile, renovation is already underway to rebrand the InterContinental Hong Kong into a Regent hotel in 2021, bringing the hotel back to its roots as it first opened its doors as a Regent in 1980.
In addition, the brand is also expecting new openings in Phu Quoc, Vietnam later this year, Bali, Indonesia in 2021, Kuala Lumpur, Malaysia as well as Chengdu, China in 2023.
“Welcoming Regent Shanghai Pudong to the Regent family represents a significant milestone for the brand not only in Greater China but also in the world,” said Justin Channe, managing director, Regent Hotels & Resorts, IHG.
“Since acquisition we have been committed to making the brand a real leader within luxury hospitality and taking it to the world’s best destinations.”