TAIPEI, 25 July 2017: Regent Hotels Group, the original Asian luxury hospitality company will open two mixed-use developments that comprise of hotel and branded residences in Southeast Asia.
Regent has been a pioneer in creating mixed-use developments that bring residential, retail and hotel components under one roof. It was the first hotel group to offer a luxury hotel shopping destination with the opening of Regent Galleria at Regent Taipei in 1990.
In June, Regent Hotels Group and prominent Vietnamese property developer BIM Group signed a management contract for a mixed-use development in Phu Quoc, Vietnam.
Regent Jakarta and Regent Residences Jakarta will be the next mixed-use development project. It is scheduled to open in 2018 in the heart of Indonesia’s capital city.
Jointly developed by Regent Hotels & Resorts and KG Global Development, Regent Jakarta will form part of the new Mangkuluhur City development, which offers myriad shopping, dining and entertainment options on the doorstep.
Commenting on the developments, chairman of Regents Hotels Group Steven Pan said: “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.”
Regent Hotels Group, Asia’s leading luxury hospitality brand, encompasses 17 hotels, resorts and residences in six countries across the Regent Hotels & Resorts, Silks Place and Just Sleep brands.
It operates in Beijing, Berlin, Chongqing, Montenegro, Singapore and Taipei. Silks Hotels runs four hotels across Taiwan. Just Sleep Hotels has seven hotels in Taiwan. Regent Hotels Group also has further properties opening in Kaohsiung, Harbin, Jakarta, Phu Quoc and in other gateway cities and new resort destinations.