Capella Hotel Group will take over the management of Regent Singapore from January 1, 2019, following Four Seasons’ conclusion of its management of the luxury hotel on December 31, 2018.
Four Seasons has been managing the hotel – owned by Pontiac Land Group – in the last 26 years since 1992 under the Regent brand. However, both Pontiac and Four Seasons have mutually agreed not to extend the current management agreement when it expires on December 31.
In a statement, Nicholas M Clayton, CEO of Capella Hotel Group indicated that the group will work closely with the property and further plans for the hotel will be unveiled before the end of this year.
Capella Hotel Group’s portfolio of luxury properties comprises nine hotels in operation, with an additional 10 more under development. The company’s geographic footprint is spread across countries such as China, Indonesia, Singapore and the US, with additional hotels planned for Australia, China, Indonesia, Maldives and Thailand.