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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
| Type | public |
|---|---|
| Traded as | SEHK: 0078 |
| 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]
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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]
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