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Regent scheduled to open a mixed-use development in Jakarta in 2018

Taipei-based luxury hospitality company Regent Hotels Group has unveiled a trio of mixed-use developments comprising hotel and branded residences in Vietnam, Indonesia and Montenegro.

In Indonesia, Regent Hotels & Resorts is collaborating with KG Global Development to launch Regent Jakarta and Regent Residences Jakarta. Scheduled to open in 2018, Regent Jakarta will form part of the new Mangkuluhur City mixed-use development in the capital city.

The group last month sealed a management contract with Vietnamese property developer BIM Group to develop a mixed-use development in Phu Quoc. Regent Phu Quoc is expected to open in 2019 to feature a luxury resort and branded residential units.

Opening this month is the Regent Pool Club Residences at Regent Porto Montenegro, which has direct access to the facilities and services to the existing Regent Porto Montenegro hotel next door.

Steven Pan, chairman of Regents Hotels Group, said the mixed-use business model reflects the group’s “commitment to maximise owner return through innovative concepts and entrepreneurship” as it continues its global expansion.

Source : http://ttgasia.com/article.php?article_id=29942