IHG to Open First New Hotel in China Since Crisis Rebound There
Photo Credit: IHG is pushing forward with plans to make Regent its ultra-luxury flag, especially in Asia. Flickr / Franck Michel
Skift Take
IHG's planned Regent brand expansion is gearing up in China, but it shouldn't be seen as a sign of an overall coronavirus recovery for Asian hotels.
While coronavirus may have temporarily dampened the world’s appetite for travel, IHG is forging ahead with its planned expansion of the Regent hotel brand.
IHG signed a management agreement with Shanghai 21st Century Hotel Co. for what will become the Regent Shanghai Pudong. The Shanghai hotel will be the first new Regent hotel since IHG acquired a 51 percent stake in the Taiwan-based luxury hotel chain in 2018. The hotel, currently flagged as the Four Seasons Hotel Pudong, Shanghai, will open under its new brand affiliation on May 16. IHG will also manage the resident
