Regent Kuala Lumpur is slated to open in 2022, the first signing for the Regent brand since InterContinental Hotels Group (IHG) acquired a 51% stake in Regent Hotels & Resorts in March this year.
Associated with upscale luxury, the Regent brand will see a new development in Kuala Lumpur, Malaysia and resurgence in Hong Kong.
Regent Kuala Lumpur is slated to open in 2022, the first signing for the Regent brand since InterContinental Hotels Group (IHG) acquired a 51% stake in Regent Hotels & Resorts in March this year.
IHG signed an agreement with Multibay Development to develop Regent Kuala Lumpur. The new-built 250 room hotel will be a private space located next to the Tun Razak Exchange, a new mixed-use development that will be the city’s new financial district. It will also offer meeting space with a large ballroom for weddings or businesses events that can accommodate up to 500 people.
“Our ambition is to grow Regent Hotels & Resorts across key global gateway cities and iconic resort locations. Returning the Regent brand to Kuala Lumpur, in a strong central location, signals the momentum that is already building behind the brand,” said Rajit Sukumaran, chief development officer, Europe, Middle East, Asia and Africa, IHG.
In Hong Kong, the InterContinental Hotel in Kowloon will be renovated and rebranded to its original name, Regent Hong Kong.
The 503-room hotel originally opened in 1980 as Regent Hong Kong and will be reopened in 2021.
IHG plans to grow the Regent portfolio from six to more than 40 hotels in gateway cities and resort locations globally.