Regent Hotels & Resorts has signed a management agreement with Vietnamese property developer BIM Group to manage Regent Phu Quoc, a luxury development on Vietnam’s largest island.
Set to open in 2019, the waterfront Regent Phu Quoc stands in Bai Truong’s Phu Quoc Marina, and will offer 400 hotel rooms and private residences, all with sea views. Facilities on-site will include Michelin-star restaurants, private beaches, a spa, as well as pool and gym facilities.
Regent Phu Quoc
Steven Pan, chairman of Regent Hotels Group, said: “Asia plays an important role in Regent’s global expansion plans, especially throughout the South-east Asia region and there is clear potential for growth in Vietnam.”
He added: “Alongside our development plans in Vietnam, we are finalising the second phase of our mixed-use development at Regent Porto Montenegro with the opening of the Regent Pool Club Residences. We will also be launching Regent Jakarta in 2018.”
With the launch of Regent Phu Quoc, the company’s third mix-used development, Regent Hotels & Resorts’ global property portfolio will increase to nine.