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Regent International Hotels to open third hotel in China

Regent International Hotels announced a key new addition to the company`s fast-growing development in…

Regent International Hotels announced a key new addition to the company`s fast-growing development in China – The Regent Shanghai. The hotel is the third Regent to be announced in China during the past seven months and will be the first to open in the country when it begins welcoming guests in mid-2005. The 500-room hotel is owned by Summit Property Development Co. and will be managed by Carlson Hotels Asia Pacific, Carlson`s regional headquarters for the Asia-Pacific region. Regent International Hotels is part of Carlson Hotels Worldwide.

President and managing director of Carlson Hotels Asia Pacific, Paul Kirwin, said, As a major regional gateway city and the economic capital of China, Shanghai is a strategic location for Carlson Hotels Asia Pacific and in particular for The Regent brand. The Regent Shanghai will complement the proposed Regent hotels in Ningbo and Beijing scheduled to open in October 2005 and September 2006 respectively.

We are very privileged to be working with Summit Property Development Co. for the opening of our first Regent hotel in China. The Regent Shanghai, with its spectacular architecture and superb design, will be a landmark in this city, which epitomizes modern, urban China, Mr. Kirwin said. This hotel will be a major flagship for the company in the region and will mark the first of many outstanding developments to be managed by Carlson Hotels Asia Pacific in the China market.

Construction of the 53-story development is well underway in Shanghai`s Changning District, a location offering easy access to the central business district and the city transport system.

With an overall contemporary, yet classic design, The Regent Shanghai will feature luxurious rooms and suites, functional work areas, large plasma TV screens and spacious bathrooms with oversized freestanding baths. All guest rooms will have stunning views over the city.

The prestigious hotel will feature an all-day-dining restaurant, a Chinese restaurant and a specialty restaurant, multiple bars, a grand ballroom, several meeting and conference rooms, an indoor swimming pool and fitness centre. An exclusive Cigar Lounge will also be a fixture of the new establishment. A high level of service and luxury amenities synonymous with the Regent brand will complete the exceptional guest experience.

Based in Shanghai, Summit Property Development Co. is headed by successful businessman Mr. Tong Jinquan. Over the past 11 years, the company has developed a wide range of outstanding real estate projects.

We are honored to be working with Carlson Hotels Asia Pacific in opening the first Regent hotel in China. This luxury brand will be warmly welcomed to the city of Shanghai and will be an excellent addition to Summit Property Development Co.`s portfolio, Mr. Tong Jinquan said.

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