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Regal Hotels International

Regal Hotels International (RHI) is one of the largest hotel groups in Hong Kong. Regal Hotels International Holdings Limited is a company incorporated in Bermuda and listed on the Hong Kong Stock Exchange.

Regal Hotels Int'l Holdings Ltd.
TypePublic
SEHK: 78
IndustryProperty
Founded1979; 44 years ago (1979)
HeadquartersHong Kong
Key people
Lo Yuk Sui, chairman and managing director
ProductsHotels, real estate
RevenueHK$1,141m (2005)
HK$528m
Number of employees
1,650
Websitewww.regalhotel.com

Ownership Edit

The company is controlled by its chairman and managing director, Mr Lo Yuk Sui, who speaks for 52.84% of the issued share capital as at 31 December 2005. Lo is the second son of Great Eagle matriarch Lo To Lee-kwan (born 1918).[1][2]

REIT Edit

In October 2006, the company announced plans to sell and separately list its hotel properties in a Real Estate Investment Trust.[3] However, as the Sunlight REIT spun off by Henderson Land Development fell by 6.5% on its market debut on 21 December, Regal chose to delay its offer.

On 13 March 2007, Regal announced its public offer for sale of up to 50 percent in Regal Hotels Real Estate Investment Trust, to be co-sponsored by Deutsche Bank, Goldman Sachs and Merrill Lynch,[4] and raised HK$2.3 billion.[5]

Hotels Edit

 
Renovation of the Constellation during 26 October 2007. It was subsequently demolished in 2011–2012
 
Regal Hongkong Hotel
 
Regal Airport Hotel

Hong Kong Edit

Shanghai Edit

  • Regal International East Asia Hotel (富豪環球東亞酒店)
  • Regal Shanghai East Asia Hotel (上海富豪東亞酒店)
  • Regal Jinfeng Hotel (富豪金豐酒店)
  • Regal Plaza Hotel & Residence (富豪會展公寓酒店)

Dezhou Edit

  • Regal Kangbo Hotel (德州富豪康博酒店)
  • Regal Kangbo Hotel and Residence

Former hotels Edit

  • Regal Constellation Hotel, a large property near Pearson International Airport in Toronto, Ontario built in 1962. The hotel consisted of two 15 floor towers, a six-storey atrium, a Chinese restaurant and 90,000 square feet (8,400 m2) of convention space. Due to declining trade, the hotel was sold to Hospitality Investors Group of Scottsdale, Arizona in 2004 for redevelopment.[6] Now owned by Park'N Fly, the hotel was demolished in 2011–2012 and is currently a vacant lot.
  • Regal Bostonian Hotel, a property opposite Faneuil Hall in downtown Boston opened in 1981. Regal bought the hotel in 1996 and sold it to Millennium & Copthorne Hotels in 2002.[7] Now operates as Millennium The Bostonian.
  • Regal McCormick Ranch, a property in the master-planned community of McCormick Ranch in Scottsdale, Arizona.

References Edit

  1. ^ "Annual Report 2005". Regal Hotels International. 2006. Retrieved 23 March 2007.
  2. ^ Century joy – but split remains, The Standard, 19 November 2018
  3. ^ Wong, Kelvin (23 November 2006). "Regal Hotels to sell Hong Kong REIT". International Herald Tribune. Retrieved 23 March 2007.
  4. ^ Ku, Daisy (13 March 2007). . Reuters/Yahoo!Finance. Archived from the original on 25 March 2007. Retrieved 23 March 2007.
  5. ^ Tim LeeMaster & Yvonne Liu, "Swire considers Festival Walk reit", Page B1, South China Morning Post, 12 July 2007
  6. ^ "Hospitality Investors Group Acquires the 800 room Regal Constellation Hotel at Toronto Airport; Planning Repositioning and Renovation". Yahoo!.
  7. ^ Ginger Yapp. "Bostonian Hotel History". USA Today. Retrieved 19 December 2015.

External links Edit

  • Regal Hotels International

regal, hotels, international, largest, hotel, groups, hong, kong, holdings, limited, company, incorporated, bermuda, listed, hong, kong, stock, exchange, regal, hotels, holdings, typepublictraded, assehk, 78industrypropertyfounded1979, years, 1979, headquarter. Regal Hotels International RHI is one of the largest hotel groups in Hong Kong Regal Hotels International Holdings Limited is a company incorporated in Bermuda and listed on the Hong Kong Stock Exchange Regal Hotels Int l Holdings Ltd TypePublicTraded asSEHK 78IndustryPropertyFounded1979 44 years ago 1979 HeadquartersHong KongKey peopleLo Yuk Sui chairman and managing directorProductsHotels real estateRevenueHK 1 141m 2005 Net incomeHK 528mNumber of employees1 650Websitewww wbr regalhotel wbr com Contents 1 Ownership 2 REIT 3 Hotels 3 1 Hong Kong 3 2 Shanghai 3 3 Dezhou 3 4 Former hotels 4 References 5 External linksOwnership EditThe company is controlled by its chairman and managing director Mr Lo Yuk Sui who speaks for 52 84 of the issued share capital as at 31 December 2005 Lo is the second son of Great Eagle matriarch Lo To Lee kwan born 1918 1 2 REIT EditIn October 2006 the company announced plans to sell and separately list its hotel properties in a Real Estate Investment Trust 3 However as the Sunlight REIT spun off by Henderson Land Development fell by 6 5 on its market debut on 21 December Regal chose to delay its offer On 13 March 2007 Regal announced its public offer for sale of up to 50 percent in Regal Hotels Real Estate Investment Trust to be co sponsored by Deutsche Bank Goldman Sachs and Merrill Lynch 4 and raised HK 2 3 billion 5 Hotels Edit nbsp Renovation of the Constellation during 26 October 2007 It was subsequently demolished in 2011 2012 nbsp Regal Hongkong Hotel nbsp Regal Airport Hotel nbsp Wikimedia Commons has media related to Regal Hotels International Hong Kong Edit Regal Airport Hotel at the Hong Kong International Airport Chinese 富豪機場酒店 Regala Skycity Hotel at the Hong Kong International Airport Chinese 麗豪航天城酒店 Regal Hongkong Hotel in Causeway Bay 富豪香港酒店 Regal Kowloon Hotel in Tsim Sha Tsui East 富豪九龍酒店 Regal Oriental Hotel in Kowloon City formerly called Regal Kai Tak And Regal Meridien Hong Kong Airport Hotel 富豪東方酒店 Regal Riverside Hotel in Sha Tin 沙田麗豪酒店 iclub Wan Chai Hotel in Wan Chai 富薈灣仔酒店 iclub Sheung Wan Hotel in Sheung Wan 富薈上環酒店 iclub Fortress Hill Hotel in Fortress Hill 富薈砲台山酒店 iclub To Kwa Wan Hotel in To Kwa Wan 富薈土瓜灣酒店 iclub Mong kok Hotel in Mong Kok 富薈旺角酒店 iclub AMTD Sheung Wan Hotel in Sheung Wan 富薈尚乘上環酒店 Shanghai Edit Regal International East Asia Hotel 富豪環球東亞酒店 Regal Shanghai East Asia Hotel 上海富豪東亞酒店 Regal Jinfeng Hotel 富豪金豐酒店 Regal Plaza Hotel amp Residence 富豪會展公寓酒店 Dezhou Edit Regal Kangbo Hotel 德州富豪康博酒店 Regal Kangbo Hotel and ResidenceFormer hotels Edit Regal Constellation Hotel a large property near Pearson International Airport in Toronto Ontario built in 1962 The hotel consisted of two 15 floor towers a six storey atrium a Chinese restaurant and 90 000 square feet 8 400 m2 of convention space Due to declining trade the hotel was sold to Hospitality Investors Group of Scottsdale Arizona in 2004 for redevelopment 6 Now owned by Park N Fly the hotel was demolished in 2011 2012 and is currently a vacant lot Regal Bostonian Hotel a property opposite Faneuil Hall in downtown Boston opened in 1981 Regal bought the hotel in 1996 and sold it to Millennium amp Copthorne Hotels in 2002 7 Now operates as Millennium The Bostonian Regal McCormick Ranch a property in the master planned community of McCormick Ranch in Scottsdale Arizona References Edit Annual Report 2005 Regal Hotels International 2006 Retrieved 23 March 2007 Century joy but split remains The Standard 19 November 2018 Wong Kelvin 23 November 2006 Regal Hotels to sell Hong Kong REIT International Herald Tribune Retrieved 23 March 2007 Ku Daisy 13 March 2007 HK s Regal launches US 375 mln hotel REIT Reuters Yahoo Finance Archived from the original on 25 March 2007 Retrieved 23 March 2007 Tim LeeMaster amp Yvonne Liu Swire considers Festival Walk reit Page B1 South China Morning Post 12 July 2007 Hospitality Investors Group Acquires the 800 room Regal Constellation Hotel at Toronto Airport Planning Repositioning and Renovation Yahoo Ginger Yapp Bostonian Hotel History USA Today Retrieved 19 December 2015 External links EditRegal Hotels International Retrieved from https en wikipedia org w index php title Regal Hotels International amp oldid 1176448011, wikipedia, wiki, book, books, library,

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