Taiwan's Formosa International Hotels To Acquire Regent Brand

Formosa International Hotels Corporation has announced that it will acquire the Regent luxury hotel business from Carlson and the Rezidor Hotel Group AB at a price of USD56 million.

Carlson Appoints President and Managing Director For AP

Jean-Marc Busato, has been appointed president and managing director of Carlson Hotels Worldwide – Asia Pacific.

Rinck New President Of Hilton Hotels — Asia Pacific

Martin Rinck has been appointed president of Hilton Hotels for Asia Pacific, based at the company's regional headquarters in Singapore.