Regal Hotels International

Infobox Company
company_name = Regal Hotels Int'l Holdings Ltd.
company_
company_type = public hkse|0078
foundation =
location = Hong Kong, People's Republic of China
key_people = Lo Yuk Sui, "Chairman" & Managing Director
industry = Property
products = Hotels, Real estate
revenue = HKD 1,141m (2005)
operating_income =
net_income = HKD 528m
num_employees = 1,650
parent =
homepage = http://www.regalhotel.com/
footnotes =

Regal Hotels International (RHI) is the largest hotel group in Hong Kong. Regal Hotels International Holdings Limited is a company incorporated in Bermuda and listed on the Hong Kong Stock Exchange. 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 [cite web|title = Annual Report 2005|publisher = Regal Hotels International | date = 2006
accessdate = 2007-03-23 | url = http://info.regalhotel.com/regal/e_info_annual.htm] .

REIT

In October, 2006, the company announced plans to sell and separately list its hotel properties in a Real Estate Investment Trust [cite news|title = Regal Hotels to sell Hong Kong REIT| first = Kelvin | last = Wong |publisher = International Herald Tribune | date = November 23, 2006
accessdate = 2007-03-23 | url = http://www.iht.com/articles/2006/11/23/bloomberg/sxregal.php] . However, as the Sunlight REIT spun off by Henderson Land Development fell by 6.5% on its market debut on December 21, Regal chose to delay its offer.

On March 13, 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 [cite news|title = HK's Regal launches US$375 mln hotel REIT | first = Daisy | last = Ku |publisher = Reuters/Yahoo!Finance | date = March 13, 2007
accessdate = 2007-03-23 | url = http://asia.news.yahoo.com/070313/3/2yuld.html] , and raised HKD2.3 billion [Tim LeeMaster & Yvonne Liu, "Swire considers Festival Walk reit", Page B1, South China Morning Post, July 12, 2007] .

Hotels

Hong Kong

*Regal Airport Hotel, at the Hong Kong International Airport
*Regal Hongkong Hotel, in Causeway Bay
*Regal Kowloon Hotel, in Tsimshatsui East
*Regal Oriental Hotel, in Kowloon City
*Regal Riverside Hotel, in Shatin

hanghai

* Regal International East Asia Hotel
* Regal Shanghai East Asia Hotel
* Regal Jinfeng Hotel

Former hotels

*Regal Constellation Hotel, a large property near Pearson International Airport near Toronto, Ontario built in 1962. The hotel consisted of two 15 floor tower, 6 storey atrium, a Chinese restaurant and 90,000 square feet of convention space. Due to declining trade, the hotel was sold to Hospitality Investors Group of Scottsdale, Arizona in 2004 for redevelopment [cite news |url = http://ca.search.yahoo.com/images/view?back=http%3A%2F%2Fca.search.yahoo.com%2Fsearch%2Fimages%3Fp%3DToronto%2BRegal%2BConstellation%2BHotel%26ei%3DUTF-8%26fl%3D0%26fr%3DFP-tab-web-t%26b%3D1&h=163&w=201&imgcurl=www.hotel-online.com%2FNews%2FPR2004_1st%2Fregalconstellationphoto.jpeg&imgurl=www.hotel-online.com%2FNews%2FPR2004_1st%2Fregalconstellationphoto.jpeg&size=14.8kB&name=regalconstellationphoto.jpeg&rcurl=http%3A%2F%2Fwww.hotel-online.com%2FNews%2FPR2004_1st%2FFeb04_RegalConstellation.html&rurl=http%3A%2F%2Fwww.hotel-online.com%2FNews%2FPR2004_1st%2FFeb04_RegalConstellation.html&p=Toronto+Regal+Constellation+Hotel&type=jpeg&no=16&tt=47&ei=UTF-8 | publisher = Yahoo! |title = Hospitality Investors Group Acquires the 800 room Regal Constellation Hotel at Toronto Airport; Planning Repositioning and Renovation] .

References

External links

* [http://www.regalhotel.com Regal Hotels International]
* [http://www.regalhongkong.com Regal Hongkong Hotel]
* [http://www.regalairport.com Regal Airport Hotel]
* [http://www.regalkowloon.com Regal Kowloon Hotel]
* [http://www.regaloriental.com Regal Oriental Hotel]
* [http://www.regalriverside.com Regal Riverside Hotel]
* [http://www.regal-eastasia.com/front/home.php Regal International East Asia Hotel]
* [http://www.regalshanghai.com Regal Shanghai East Asia Hotel]
* [http://www.regaljinfeng.com/index_en.html Regal Jinfeng Hotel]