The operator of Regency Hotel, Regency International Hotel Incorporated Sdn Bhd is planning to expand its hotel network into London, New York, Bangkok, Jakarta and Istanbul, said executive chairman Matshah Safuan.
‘We are still looking at it. It depends on the property market.
We will go for it when the time is right,’ he told Bernama recently.
Established 23 years ago, Regency currently owns nine hotels, of which one is in Bali, three in Sarawak, two each in Kedah and Negeri Sembilan and a newly launched hotel in Kuala Lumpur.
Located strategically in front of the Chow Kit wet market, more than RM100 million (S$40.9 million) has been invested for the new hotel, Mr Matshah said. Continue reading
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