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InterContinental Hotels Group (IHG) has confirmed that its acquisition of a 51% stake in Regent Hotels & Resorts (‘Regent’) is now complete.
IHG will now bring Regent into its brand portfolio at the top end of the luxury segment and will accelerate its growth globally.
IHG intend to grow the brand from six hotels today to over 40 hotels in key global gateway city and resort locations over the long term.
