• Mon
  • Oct 20, 2014
  • Updated: 6:02pm

Regal Hotels International

Paliburg to build more than 1,000 hotel rooms

Paliburg and its partner Regal Hotels International will add more than 1,000 hotel rooms in the next three years despite fears of further measures to restraint growth of mainland visitors.

Thursday, 7 March, 2013, 6:12am

career tracker

Andrew Kirk, managing director - Hong Kong and Taiwan, Edelman

7 May 2011 - 12:00am

MOVES PAY OFF

Regal Hotels has undertaken a major upgrade programme at its six properties in Hong Kong to attract more MICE business. According to Dora Liu, vice-president, sales at Regal Hotels International, the group has been preparing for the MICE sector in the past few years by upgrading guest rooms and venues, and focusing on sales networking in the MICE industry.

6 Apr 2011 - 12:00am

Regal Hotels plans portfolio boost

Regal Hotels International Holdings will speed up expansion after it booked a net profit of HK$256.8 million last year following a loss of HK$230.2 million in 2009, chairman and chief executive Lo Yuk-sui said. Overall net profit grew to HK$6.92 billion from HK$448 million in 2009, mainly on the consolidation of subsidiary Regal Real Estate Investment Trust's assets and liabilities.

24 Mar 2011 - 12:00am

Talent Search

Despite the impact of the global economic downturn on the local hotel industry, key players still have their eyes wide open for talented individuals.

A flurry of out-of-centre new hotels means that jobs are still out there for individuals with the right background and personality.

25 Apr 2009 - 12:00am

Century City plunges 25.4pc to 5 HK cents

Century City International Holdings yesterday saw its shares plunge 25.37 per cent to 5 HK cents, the lowest in more than five years, after the company reported that its earnings slumped 66.6 per cent to HK$210.3 million in the first half of this year.

Shares of its subsidiaries also fell to five-year lows after disappointing interim results.

12 Sep 2008 - 12:00am

Hotel group pushing value of spin-off

Hong Kong and the mainland's healthy tourism sector are providing calculated expansion opportunities for the city's first hotel-backed real estate investment trust listed in Hong Kong.

31 Mar 2008 - 12:00am

Regal Hotels expands with two new brands

Regal Hotels International Holdings plans to develop two brands targeting the mid-range to high-end hotel market in Hong Kong and the mainland amid rising demand.

Executive director Belinda Yeung Bik-yiu yesterday unveiled the two new brands, Regal Royale and Metro Regal. The firm's seven existing hotels are under the Regal Hotel brand.

12 Mar 2008 - 12:00am

Regal group posts jump in first-half profit

Regal Hotels International Holdings, Paliburg Holdings and Century City International Holdings yesterday posted significant growth in first-half net profit, driven by the spin-off of Regal Real Estate Investment Trust.

The group generated a gain of HK$2.32 billion from spinning off its five hotels through the Regal Reit in March.

28 Aug 2007 - 12:00am

Magnificent Estates shifts focus to hotels

A sharp rise in land prices has pushed small developer Magnificent Estates to focus on hotel development, which can provide higher returns.

Chairman William Cheng Kai-man said the company found it difficult to make a profit in residential development after land costs surged.

20 Jun 2007 - 12:00am

Regal looks to owning and running 60 hotels in mainland

Regal Hotels International Holdings, controlled by Lo Yuk-sui, plans to own up to 20 hotels on the mainland in five years and manage up to 40 hotels through its subsidiary.

13 Jun 2007 - 12:00am

Company profile - Regal Hotels International Holdings

The main activities of Regal Hotels International Holdings are operating hotels, providing hotel management services, and property development and investment. Other activities include securities trading, brewery operations, provision of laundry services and bakery operations. Operations are carried out in Hong Kong, Liberia, China, the British Virgin Islands and the Netherlands.

11 Jun 2007 - 12:00am

Christopher J. Fennelly

Director

Navigant Consulting

Mr Fennelly joins Navigant's Asia team with deep experience in investigations, FCPA matters, and other forms of litigation consulting. He brings over 14 years of industry experience and will be based in Hong Kong.

Cynthia Barnes

Editor-in-chief

Agoda

21 May 2007 - 12:00am

Regal Hotels profit declines 37.3pc as interest costs grow

Regal Hotels International Holdings said profit fell 37.3 per cent last year as a Beijing joint venture contributed less and interest costs rose.

Net profit fell to HK$331.3 million or 3.9 HK cents per share, from HK$528.4 million or 6.3 HK cents. Turnover rose 10.5 per cent to HK$1.26 billion.

20 Apr 2007 - 12:00am

Regal Hotels promises HK$2.9b in reit rentals

Regal Hotels International Holdings has vowed to stabilise the income of Hong Kong's first hotel-backed real estate investment trust by paying HK$2.9 billion in rent over the next three years.

19 Mar 2007 - 12:00am

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