Regent’s mixed focus drives global growth

Regent Hotels Group, the Taipei-based hospitality company, has unveiled three new mixed hotel and residential projects as it ramps up its global expansion plans.

The company is actually a pioneer of mixed-use developments, having becoming one of the first high-end chains to operate a luxury hotel as part of a shopping mall when it opened the Regent Galleria at Regent Taipei in 1990. And the company is building on this heritage with the signing of agreements for properties in three more mixed-use developments, located in Vietnam, Montenegro and Indonesia.

In June, Regent penned an agreement for a new hotel on the island of Phu Quoc, which lies off Vietnam’s south coast. Regent Phu Quoc is expected to open in 2019 and comprises a luxury resort and residential units within a marina development.

The residences at Regent Porto Montenegro
The residences at Regent Porto Montenegro

That agreement was followed in July by the launch of the Regent Pool Club Residences at Regent Porto Montenegro. This will be the second phase of the Regent Porto Montenegro project, which also overlooks a yacht marina. All owners of the Regent Pool Club Residences will have access to the facilities and services of the Regent hotel.

Also scheduled to open in 2018 is the Regent Jakarta and Regent Residences Jakarta (pictured top), which will form part of the new Mangkuluhur City development in the centre of Indonesia’s capital city. As well as the hotel and residences, the development will feature shopping, dining and entertainment options.

“The mixed-use business model is our commitment to maximise owner return through innovative concepts and entrepreneurship. The development of a luxury hotel is a long-term investment; using the Regent brand as an anchor, we can deliver exceptional products and provide immediate capital return through residential sales,” said Steven Pan, chairman of Regents Hotels Group.

Regent currently operates 17 hotels, resorts and residences in six countries, as well as eight standalone restaurants. The company added that it is “continually seeking… growth opportunities that align the right partners with winning locations in gateway cities”.

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