While coronavirus may have temporarily dampened the world’s appetite for travel, IHG is forging ahead with its planned expansion of the Regent hotel brand.

IHG signed a management agreement with Shanghai 21st Century Hotel Co. for what will become the Regent Shanghai Pudong. The Shanghai hotel will be the first new Regent hotel since IHG acquired a 51 percent stake in the Taiwan-based luxury hotel chain in 2018. The hotel, currently flagged as the Four Seasons Hotel Pudong, Shanghai, will open under its new brand affiliation on May 16. IHG will also manage the residential component of the tower as part of the management agreement.

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