Regal Hotels International announced the signing of a new five-star hotel project with Furao Group in the city of Yantai in the northeastern province of Shandong, China. The new Regal Furao Hotel, Yantai is scheduled to open in the third quarter of 2015.
The 300-room Regal Furao Hotel, Yantai will form part of the Furao Times Square, a multi-complex comprising the hotel, a commercial and financial center, a shopping arcade and residential apartments.
Currently, Regal Hotels manages and operates six hotels in Hong Kong and seven hotels in mainland China. 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 now has over 8,000 rooms and around 100 restaurants and bars under its portfolio.
The new Regal hotel will be another five-star addition of the Regal Group in Shandong province after Regal Kangbo Hotel.