Regent Hotels & Resorts Returns to Asia; Announces New Global Leadership Team
Original Founder Robert Burns Returns; Global Luxury Hotelier Ralf Ohletz Appointed Presiden
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Topic - adrian zecha
Formosa International Hotels Confirms Acquisition of Regent
Formosa International Hotels Corporation (FIHC) confirmed that it has entered into definitive agreements with affiliates of the Carlson Companies and The Rezidor Hotel Group AB to acquire the Regent hotel business. Closing of the master purchase agreement executed on Friday, Taipei time, should occur during the next three to four weeks.