InterContinental Hotels Group (IHG) has acquired 51 per cent stake in Regent Hotels and Resorts for US$39 million, a move that will accelerate its expansion in the luxury hotel segment.
Vietnamese developer BIM Group and InterContinental Hotels Group (IHG), one of the world’s leading hotel operators, on Thursday opened their five-star property Crowne Plaza Vientiene in Laos’ capital city.