IHG just announced the takeover of Four Seasons Hotel Shanghai at Pudong, which will reopen from May 16th, 2020 as Regent Shanghai Pudong. This will be the first Regent to officially open under IHG's ownership, and will also see Regent taking over and branding the residences above the hotel.

I'm happy to see Regent expanding again - and to take over a Four Seasons, no less [especially given the relationship between the two brands] - but hope that IHG will push it beyond Asia. Their current pipeline of Phu Quoc [Vietnam; 2020], Bali and Jakarta [Indonesia; 2021 and 2022], Hong Kong [2022], Chengdu [China; 2023] and Kuala Lumpur [Malaysia; 2023] is purely Asia-based, so I'd love to see them bring the brand into the Middle East and the Americas.

Good news nonetheless. Press blast from IHG below.

khabah

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IHG to open first Regent hotel since brand acquisition

IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, today announces the signing of a management agreement with Shanghai 21st Century Hotel Co., Ltd. for its iconic property located in Lujiazui, Shanghai, China. From 16 May 2020, the hotel will be officially branded as Regent Shanghai Pudong and ready to welcome guests with a truly unique and luxury experience, which the legendary brand is famous for. All existing reservations will be automatically forwarded and honoured by Regent Shanghai Pudong. Guests will be able to experience the understated luxury and intuitive service brought by Regent seamlessly. Under the deal, IHG will also take over the management of its luxury apartments, which sit above the hotel in the same tower.

Expanding its luxury footprint, IHG announced the acquisition of a majority stake in Regent Hotels & Resorts in March 2018 and brought the much-loved brand into the top end of its portfolio. Since then IHG has worked quickly to combine its expertise in luxury with Regent’s deep heritage and revered legacy, relaunching the brand by evolving it to appeal to the modern luxury traveller. Set amidst the magnificent skyline of the Lujiazui financial district, Regent Shanghai Pudong will be the first Regent hotel opened globally after the acquisition. Meanwhile, renovation is already underway to rebrand the iconic 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.

Justin Channe, Managing Director, Regent Hotels & Resorts, IHG remarked: “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. 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. We are excited to team up with Shanghai 21st Century Hotel Co., Ltd., our long-term strategic partner, to bring Regent to Shanghai in such a prime location. We look forward to working closely with the owner to proudly bring Regent hallmarks to life in the hotel.”

For further information please contact:

Karena Liu
[email protected]
+86 (21) 2893 3265
Source: https://www.ihgplc.com/en/news-and-m...nd-acquisition