InterContinental Hotels Is Buying a 51 Percent Stake in Regent Hotels for $39 Million
It looks like we finally have our answer as to which “asset light, small luxury brand company or companies with a strong customer proposition, [and] strong owner proposition” InterContinental Hotels Group (IHG) is buying. The company announced Wednesday it has entered into a joint-venture agreement to purchase a 51 percent stake in Regent Hotels for $39 … Continue reading InterContinental Hotels Is Buying a 51 Percent Stake in Regent Hotels for $39 Million
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