Regent Hotels & Resorts

Regent Hotels & Resorts is a luxury hospitality brand, jointly owned by InterContinental Hotels Group and Formosa International Hotels Corporation since June 2018, with hotels and resorts in Asia and Europe. Since the formation of the joint venture, the brand logo and monogram have been refreshed and works have begun to reposition the brand at the top end of the luxury hotel segment.

Regent Hotels & Resorts
Private
IndustryHospitality
Founded1971
HeadquartersDenham, Buckinghamshire, United Kingdom
Key people
Robert Burns,
(Founder)
Georg Rafael,
(Founder)
Adrian Zecha,
(Founder)
Steven Pan,
(Executive Chairman)
Justin Channe
(Managing Director)
ProductsHotels, resorts
OwnerInterContinental Hotels Group (51%)
Formosa International Hotels Corporation (49%)
Websitewww.regenthotels.com
Regent Beijing, in 2014

History

The brand was started by hotelier Robert H. Burns as a joint venture with Japan's Tokyu Group in 1970. In 1986, EIE International acquired a 35% stake. When Burns decided to sell his remaining 65% stake in 1992, EIE exercised its right of first refusal to acquire the entire company, which was then promptly sold to the Four Seasons hotel chain.[1] Hotels under development at the time of purchase in Bali, Milan, New York, and Istanbul were subsequently opened as Four Seasons.[2] In 1998, Carlson acquired the Regent name for new hotel developments and created a luxury hotel division while the Four Seasons continued managing existing and new Regent hotels.[3]

In 2002, Carlson agreed with Rezidor SAS to develop the Regent hotel brand in Africa, Europe, and the Middle East.[4]

In March 2006, Carlson renamed its Radisson Seven Seas Cruises to Regent Seven Seas Cruises and merged the cruise operation and Regent International Hotels under a common brand.[5]

In 2008, Regent Seven Seas Cruises was sold to Apollo Management, an investment company. Carlson retained ownership of the master Regent brand, along with the operations of Regent Hotels & Resorts around the world.[6]

In 2010, Carlson sold the Regent Hotel business to Formosa International Hotels, the largest listed hotel operator in Taiwan and owner of Grand Formosa Regent Taipei hotel in Taipei, Taiwan, which was opened by Regent's founders in 1990 as The Regent Taipei.[7][8][9]

Co-founder Robert Burns was appointed Honorary Chairman and Ralf Ohletz president. Ohletz had worked with another Regent co-founder, Adrian Zecha, for 25 years.[2]

In March 2018, the InterContinental Hotel Group (IHG) announced that it had agreed to buy a 51% majority stake in Regent Hotels for $39 million and hopes to expand the brand's footprint to 40 hotels from the current portfolio of six hotels.[10] This includes rebranding the iconic InterContinental Hong Kong, which initially opened as a Regent property in 1980, to a Regent property once again in 2022 following major renovations. New properties have since been signed in Kuala Lumpur, Chengdu and Shanghai, with IHG planning a careful rollout of the brand to ensure its exclusivity at the top-end of the hospitality market.

Current properties

Regent Berlin
Regent Taipei Lobby
Europe
  • Regent Berlin - opened in 1996 as Four Seasons Hotel Berlin, converted to Regent in 2004
  • Regent Porto Montenegro - opened 2014
Asia
  • Regent Beijing - opened 2006
  • Regent Chongqing - opened 2017
  • Regent Taipei - opened 1990
  • Regent Shanghai Pudong - opened May 2020, formerly Four Seasons Hotel Shanghai Pudong
  • Regent Singapore - opened 1988 as The Pavilion Inter-Continental Singapore, converted to Regent and managed by Four Seasons Hotels & Resorts from 1992 to 2018. Following Regent's takeover by Carlson hotels in 1998, the hotel was rebranded as 'The Regent Singapore, A Four Seasons Hotel' to distinguish it from other Regent hotels that were not managed by Four Seasons. Pontiac Land Group, the owner of the hotel, and Four Seasons, mutually agreed not to extend the management contract when it expired on December 31, 2018.[11] It was originally planned to have the hotel managed by Capella Hotel Group, an affiliate of Pontiac Land Group, yet a management contract with InterContinental Hotels Group was signed ensuring that the hotel stays within Regent's portfolio.

Pipeline properties

  • Regent Phu Quoc - opening 2020
  • Regent Bali - opening 2021[12]
  • Regent Hong Kong - opened 1980, rebranded InterContinental Hong Kong in 2001, reopening after comprehensive renovations as a Regent in 2022
  • Regent Jakarta - opening 2022
  • Regent Kuala Lumpur - opening 2023[13]
  • Regent Chengdu - opening 2023[12]

Former properties

US
Canada
Caribbean
  • Cerromar Beach Hotel, Puerto Rico - later Hyatt Regency Cerromar Beach Resort, closed since 2003
  • Dorado Beach Hotel, Puerto Rico - later Hyatt Dorado Beach, demolished to build Dorado Beach, a Ritz Carlton Reserve
  • The Regent Palms Turks & Caicos - currently The Palms Turks & Caicos
Europe
Asia
  • The Regent Shanghai, China - currently The Longemont Shanghai
  • The Regent, Hong Kong - currently InterContinental Hong Kong, to return under the Regent flag in 2021
  • The Regent Bali, Indonesia - later independent, currently Fairmont Sanur Beach Bali
  • The Regent Jakarta, Indonesia - opened 1995, renamed Four Seasons Hotel Jakarta 2004,[15] closed 2016
  • The Regent Okinawa, Okinawa, Japan - currently The Naha Terrace
  • The Regent of Kuala Lumpur, Malaysia - currently Parkroyal Kuala Lumpur
  • The Regent Kuala Lumpur, Malaysia - currently Grand Millennium Kuala Lumpur
  • The Regent of Manila, Philippines - caught fire in 1985, currently The Heritage Hotel Manila
  • Galle Face Hotel, Colombo, Sri Lanka - currently independent
  • The President Hotel, Bangkok, Thailand - currently Holiday Inn Bangkok
  • Indra Regent Hotel, Bangkok, Thailand - currently independent, though still using the same name
  • The Regent of Bangkok, Thailand - later Four Seasons Hotel Bangkok, currently Anantara Siam Bangkok Hotel
  • The Regent Phuket Cape Panwa, Thailand - currently Amatara Wellness Resort
Oceania
  • The Regent of Melbourne, Australia - currently Sofitel Melbourne on Collins
  • The Regent of Sydney, Australia - currently Four Seasons Hotel Sydney
  • The Regent of Auckland - currently Stamford Plaza Auckland
  • The Regent of Fiji - currently The Westin Denarau Island Resort

Terminated Projects

The following property developments were terminated before opening:

  • The Regent Bali, Indonesia - opened 1992 as Four Seasons Resort Bali at Jimbaran Bay[16]
  • The Regent New York, New York City - opened 1993 as Four Seasons Hotel New York
  • The Regent Milan, Italy - opened 1993 as Four Seasons Milano[17]
  • The Regent Bangkok, Thailand - planned in 2004, stalled for many years, opened 2018 as Hyatt Regency Bangkok Sukhumvit
  • The Regent Boston at Battery Wharf - opened 2009 as Fairmont Battery Wharf, currently Battery Wharf Hotel
  • The Regent Kuwait, Kuwait - planned opening 2007, opened 2013 as Jumeirah Messilah Beach Hotel and Spa
  • The Regent Doha, Qatar - planned opening 2013, opened 2016 as The Westin Doha Hotel & Spa
  • The Regent Abu Dhabi, UAE - planned opening 2013, opened 2018 as Grand Hyatt Abu Dhabi Hotel & Residences Emirates Pearl
  • The Regent Kuala Lumpur, Malaysia - planned opening 2015, never materialized
  • Regent Place Xian, Xi'an, China - planned opening 2017[18]
  • Regent Place Harbin, Harbin, China - planned opening 2017[19]
  • The Regent Suzhou, China - planned opening 2018
  • The Regent Ningbo, China - planned opening 2005,[20] opening 2020 as HUALUXE Ningbo Harbor City
  • The Regent Budapest, Hungary - planned opening 2007, opening 2022 as W Budapest

References

  1. https://www.nytimes.com/1992/08/20/business/worldbusiness/IHT-checking-out-of-regent-hotelshow-chairman-was.html
  2. "Regent Hotels & Resorts Returns to Asia: Announces New Global Leadership Team". Hospitality net.org. 2010-07-08.
  3. "Carlson Hospitality Worldwide And Four Seasons/Regent To Enter Into An Agreement To Aggressively Grow Regent Brand Globally". Carlson (Press release).
  4. "Rezidor SAS Hospitality". CatererSearch.com. 2006-06-28.
  5. Godwin, Nadine (2006-03-13). "Carlson renames cruise line Regent Seven Seas". Travel Weekly.
  6. "Apollo Management L.P. Acquires Regent Seven Seas Cruises". PR Newswire (Press release).
  7. Black, Sam (2010-04-18). "Carlson selling Regent luxury hotel business". Minneapolis / St. Paul Business Journal.
  8. Tan, Jason (2010-04-17). "Formosa Hotels acquires 'Regent' business". Taipei Times.
  9. "About The Regent Taipei". GrandFormosa.com.
  10. "InterContinental Hotels buys majority stake in Regent Hotels". Reuters. 2018-03-14. Retrieved 2018-03-14.
  11. https://www.hotelnewsresource.com/article100634.html
  12. https://www.ihgplc.com/news-and-media/news-releases/2019/preliminary-results-for-the-year-to-31-december-2018
  13. https://www.hotelmanagement.net/development/now-control-regent-hotels-resorts-brand-ihg-plans-next-steps
  14. http://www.iltm.com/__novadocuments/108465?v=635786901872400000
  15. https://www.hotel-online.com/News/PR2004_3rd/Jul04_FourSeasonsJakarta.html
  16. https://www.elitetraveler.com/travel/destination-guides/asia-and-the-pacific/bali-marks-the-resurgence-of-regent
  17. https://variety.com/1992/voices/columns/mini-casts-refugees-as-extras-1117862310/
  18. https://www.hotelnewsresource.com/article85422.html
  19. https://insights.ehotelier.com/properties/2015/08/07/regent-place-harbin-set-to-launch-in-2017/
  20. https://www.hospitalitynet.org/news/4018611.html
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.