InterContinental Hotels Group announced today that it has signed with Shanghai Seagull Holding Group Co., Ltd. to jointly open a luxury hotel – Regent Shanghai on The Bund. The hotel is scheduled to open in 2023 after renovations are completed, becoming the second Regent in Shanghai.
As the first international hotel group to enter the Chinese market, IHG has always adhered to its original vision of being “in China, for China.” Having been in Greater China for 47 years, and expanded significantly on the mainland market for the past 38 years, IHG has worked together with the Chinese hotel industry to seek common development goals. As of the third quarter of 2022, IHG has 618 opened hotels, with a further 474 hotels in the pipeline, bringing the total number in China to more than 1,000 across more than 200 cities.
