InterContinental Hotels Group has announced the signing of a management agreement with Shanghai 21st Century Hotel Company for its property located in Lujiazui, Shanghai, China.

As of May 16 2020, the hotel will be officially branded as Regent Shanghai Pudong, becoming IHG's first Regent hotel to open since it acquired of the brand in March 2018.

Under the deal, IHG will also take over the management of its luxury apartments, which sit above the hotel in the same tower.

At a glance: 

• InterContinental Hotels Group has announced the launch of Regent Shanghai Pudong in Lujiazui next month.
• It comes after the Group signed a management agreement with Shanghai 21st Century Hotel Company for the property.
• Regent Shanghai Pudong is the first Regent hotel to open under IHG since the Group acquired the brand in March 2018.

Regent Hotels and Resorts Managing Director Justine Channe described the opening of Shanghai Pudong as a "significant milestone". 

"Since the acquisition, we have been committed to making the brand a real leader within luxury hospitality and taking it to the world’s best destinations," she said.

Source: IHG

"We are excited to team up with Shanghai 21st Century Hotel Co., Ltd., our long-term strategic partner, to bring Regent to Shanghai in such a prime location.

"We look forward to working closely with the owner to proudly bring Regent hallmarks to life in the hotel.”

Source: IHG

Elsewhere in China, renovation is already underway to rebrand the InterContinental Hong Kong into a Regent hotel in 2021, bringing the hotel back to its roots as it first opened its doors as a Regent in 1980.

In addition, the brand is also expecting new openings in Phu Quoc, Vietnam later this year, Bali, Indonesia in 2021, Kuala Lumpur, Malaysia as well as Chengdu, China in 2023.

Click here for more information about Regent Hotels and Resorts.

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