Regal Signs New Hotel in Yantai, Shandong, China
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Regal Hotels International is pleased to announce the signing of a new 5-star hotel project with Furao Group in Yantai of Shandong province, China. The new Regal Furao Hotel, Yantai is scheduled to open in the third quarter of 2015.
Occupying a gross floor area of 36,000 sq.m, Regal Furao Hotel, Yantai will feature 300 well-appointed guestrooms. The hotel will be an integral part of the Furao Times Square, a multi-complex comprising the hotel, a commercial and financial centre, a shopping arcade and residential apartments.
Lies in the east of the Shandong Peninsula, Yantai is amongst the 14 approved coastal cities to be developed in China and is one of the most robust cities in Shandong.
The new Regal hotel will be located at the heart of the Yantai Economic and Technological Development Area along the main street of Changjiang Road, offering an excellent location for business and leisure travellers.
Furao Group is a private enterprise established in 1998 specializing in property development and eco-friendly building material supplies.
Ms. Belinda Yeung, Executive Director and Chief Operating Officer of Regal Hotels International, said, “We are honored and excited in collaborating with Furao Group. The new Regal hotel will be another 5-star addition of the Regal Group in Shandong province after Regal Kangbo Hotel. With our experience and success of the Regal Kangbo Hotel, we believe that Regal Furao Hotel will be another proud property for our discerning customers.”
Currently, Regal Hotels manages and operates 6 hotels in Hong Kong and 7 hotels in China Mainland. Together with the hotels under development in cities in China, including Chengdu, Foshan, Kunshan, Suzhou, Wuhan, Xi’an, Zhengzhou and this hotel in Yantai, Regal Hotels has over 8,000 rooms and around 100 restaurants and bars under its portfolio.
About Regal Hotels International
Regal Hotels International is a member of the Century City Group which is a conglomerate publicly listed on the Hong Kong Stock Exchange. Regal Hotels International is one of the largest hotel operators in Hong Kong and manages a fine collection of hotels.
Deven Leung
Assistant Communications Manager
(852) 2837 1650
Regal