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IHG expands luxury footprint and acquires 51% stake in Regent Hotels & Resorts
InterContinental Hotels Grouptoday has agreed to acquire a 51% stake in Regent Hotels and Resorts for $39 million (c.€31.52 million) in cash. The global organisation will have the right to acquire the remaining 49% interest in a phased manner from 2026. The company will bring Regent into its brand portfolio…
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