REGAL HOTELS Aktie

 

Regal Hotels International Holdings and its units have sold the 494-room Regal Kowloon Hotel for about HK$1.52 billion (US$194 million) to the real estate investment arm of Centaline Group, which operates one of Hong Kong's largest property agency networks, to be converted into a student hostel. Regal Hotels and affiliates Century City International Holdings and Paliburg Holdings agreed to dispose of the 17-storey hotel on Sa Po Road, including two basement floors, the group said in a filing......

Regal Hotels International will offer free lodging at a dozen of its hotels across Hong Kong to the victims of Wednesday's Tai Po fire, as it joins other hoteliers and corporate donors in rushing to the aid of the city's worst blaze in seven decades. The hotel will make 160 rooms freely available to those affected by the Tai Po fire for two weeks, a spokeswoman said, citing instructions from the hotel's chairwoman Poman Lo. The rooms will be sourced from Regal's 12 properties across the city,......