New Dehli, April 09, 2018: Mumbai may play host to the country’s first Regent hotel, an international luxury hotel brand based in Taiwan.

“Mumbai would be a beautiful location and would be a perfect city for the brand (Regent),” said Pascal Gauvin, managing director for India, Middle East and Africa, at InterContinental Hotels Group (IHG), which bought 51% stake in Regent Hotels and Resorts for about $39 million last month.

“It has to be a mega city and a business location like Mumbai or locations like Delhi or Bengaluru as the Regent brand is not just for the domestic travellers but international travellers as well,” Gauvin told ET.

Mumbai already boasts of the country’s first St Regis hotel and the plush Four Seasons hotel.

Regent hotels are currently present in markets like Singapore, Hong Kong, and Montenegro and China.

IHG aims to strengthen its position in the luxury segment globally and more such acquisitions could be on the way, Gauvin said according to economictimes.indiatimes.com.

“We were looking for brands in the upper luxury segment and that’s what Regent is bringing to us. We believe we can incubate it. Kimpton is another luxury boutique brand that we have. We are creating this luxury halo to cater to different sorts of luxury segments. We believe there is a market in India and we would love to bring Regent here. Many owners globally will be happy to introduce it in cities we operate in,” Gauvin said.
According to reports are published in economictimes.indiatimes.com the comparable revenue per available room for IHG for its same hotels year on year grew by 11.2% in India last year. And while the global focus is on luxury for the company, 80% of its upcoming pipeline in India is still under the Holiday Inn family.

“The core of our business is the Holiday Inn brand family. Our pipeline in India is of 43 hotels and 80% is in the Holiday Inn family category. We want to continue to establish ourselves there,” he added.

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