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Acquisitions & Hotel Openings

Casin Group Set for November Opening 202-Room Regent Chongqing in China's Southwest Mega-City

TAIPEI, TW. October 23, 2017 – Regent Hotels and Resorts ushers in its latest in urban elegance with Regent Chongqing, officially opening its doors on November 16, 2017. The hotel, which is managed by Regent Hotels & Resorts and owned by Casin Group, is set to be the mega-city’s first urban resort.

Regent Chongqing is situated in the financial district of Jiangbeizui, set between the confluence of the Yangtze and Jialing rivers. The hotel is a 30-minute drive from the Chongqing Jiangbei International Airport and 10-minute drive to Jiefanbei or Guanyinqiao center. Set against a stunning backdrop of mountain ranges, rivers, gorges and caves, guests have Chongqing’s unique surroundings at their finger tips to explore the famed Dazu Rock Carvings spanning more than fifty thousand statues, tour through the ancient shrines of Fengdu Ghost City or cruise the Yangtze River.

The hotel itself features a total of 202 rooms complete with spacious five-fixture bathrooms, a feature that was created by Regent in 1970’s, most offering expansive river views.

The hotel’s elegant and contemporary interiors offer a true sense combining modern elements and paying homage to the city’s past. Chongqing’s heritage comes to life through the use of traditional building materials that have been used for centuries in the Sichuan province - ceramic, jade, metal and lacquer. Throughout the hotel, an assembly of art by celebrated artists are on display from Lee Eun, the Korean ceramic artist; Donnie Pan, the Taiwanese artist who specializes in working with metal; Yi Meng, a Fine Artist and sculptures by American artist Jessica Drenk.

Regent Chongqing houses three restaurants and two bars, each with a unique concept, cuisine and ambience. The Ba Lounge is a sophisticated venue for enjoying drinks and refreshments throughout the day. The al fresco River Terrace rooftop bar offers stunning views of Jialing River and Yuzhong, and is the perfect location for private parties. An all-day dining restaurant, Yu Kitchen, serving à la carte and buffet menus, offers fresh, authentic and comforting dishes that celebrate the diversity of Asian cuisines. Li Jing Shuen, with large private dining rooms, specializes in modern Sichuan cuisine, traditional Cantonese dishes and a signature roast duck feast. Robin’s Grill & Teppanyaki is a specialty steak and teppanyaki restaurant with an extensive wine cellar.

The hotel also provides a wide range of event and meeting space, which totals to 1,800 square meters and accommodates up to 1,000 guests. There are six versatile function rooms, including the expansive Regent Ballroom. Each venue offers state-of-the-art facilities, personalized service, and beautiful river views. Regent Ballroom is 805 square feet and offers 270° panoramic views of the surrounding rivers. Regent Chongqing has an exclusive Regent Club to cater to the needs of business travelers. Additionally, the urban resort has a fully-equipped health and gym, wellspring spa with sauna, a Jacuzzi and in-door heated swimming pool, which allows guests to enjoy the ultimate urban relaxation.

About Regent Hotels & Resorts

Regent is a global luxury hospitality brand encompassing hotels, resorts and residences. It was founded in the 1970s by legendary hotelier Robert H. Burns, later joined by Adrian Zecha and Georg Rafael. In the ‘80s and ‘90s, Regent is the first hotel brand to introduce the 5-fixture bathroom, the all-villa resort, and the mixed-used hotel development. It is a truly Asia-based global hospitality group to successfully challenge the industry’s European and US dominance, both with the opening of the flagship Regent Hong Kong and the iconic Regent Beverly Wilshire. As an international leading hotel brand, Regent has been constantly receiving award recognitions around the world. The existing Regents are located in Beijing, Berlin, Porto Montenegro, Taipei and Singapore with new hotels opening in China’s Chongqing and Harbin, as well as a return to Jakarta in 2018. For more information, please visit www.regenthotels.com.

About Casin Group

Casin Enterprise Group is located in Chongqing, founded in 1997, committed to improving environmental protection, tourism, health, financial services, real estate and infrastructure. Investing & owning many holding companies, such as Casin Development(stock code:000838), Casin Environment, Sino-Australian International Trust, Yinfeng Fund Management, Chongqing Rural Commercial Bank (HK.03618), Ancheng Insurance. Regional subsidiaries have been established in Chongqing, Beijing, Shanghai, Guangdong, Shandong, Jiangsu, Hubei, Sichuan, Yunnan, Guizhou, Hebei, Henan, Hong Kong, North America, Australia, Southeast Asia and other countries and territories.

Contact:
Blake Bellucci
bbellucci@njfpr.com
212.228.2557

Coming Up In The December Online Hotel Business Review




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Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.