Regal Hotels International

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Regal Hotels International Holdings Limited

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(Hong Kong:0078)
Contact Information
Regal Hotels International Holdings Limited
11th Fl., 68 Yee Wo St., Causeway Bay
Hong Kong
Tel. +852-2894-7878
Fax +852-2890-1697

Type: Public
On the web: http://www.regal-hotels.com

Regal Hotels International Holdings, through its operating subsidiary, Regal Hotels International, owns and operates five upscale hotels in Hong Kong. Included in its portfolio is the Regal Airport Hotel at the Hong Kong International Airport. The company's hotels cater to international travelers, with most properties offering restaurants, lobby lounges, and bars, as well as amenities such as swimming pools, health clubs, and spa services. Regal Hotels also operates two additional properties in Shanghai. All total, the company operates nearly 4,000 rooms and 40 restaurants and bars.

Key numbers for fiscal year ending December, 2010:
Sales: $193.1M
One year growth: 8.5%
Net income: $898.3M
Income growth: 1516.6%

Officers:
Chairman and CEO: Lo Yuk Sui
COO: Belinda B.Y. Yeung
Executive Director: Kenneth K.K. Ng

Competitors:
Hongkong and Shanghai Hotels
Mandarin Oriental
Shangri-La

Wikipedia on Answers.com:

Regal Hotels International

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Regal Hotels Int'l Holdings Ltd.
Type public
Traded as SEHK0078
Industry Property
Headquarters Hong Kong, People's Republic of China
Key people Lo Yuk Sui, Chairman & Managing Director
Products Hotels, Real estate
Revenue HKD 1,141m (2005)
Net income HKD 528m
Employees 1,650
Website http://www.regalhotel.com/

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.[1]

Contents

REIT

In October, 2006, the company announced plans to sell and separately list its hotel properties in a Real Estate Investment Trust.[2] 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,[3] and raised HKD2.3 billion.[4]

Hotels

Renovation continues at the Constellation. As of 26 October 2007, the Constellation is still under re-development.
Regal Hongkong Hotel

Hong Kong

Shanghai

  • 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

ChengDou

  • Regal Master Hotel 富豪首座酒店

DeZhou

  • Regal Kangbo Hotel 德州富豪康博酒店

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 (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.[5]

References

External links


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