Founded in 1991, the Formosa International Hotels Corporation (FIHC), whose assets include the Regent Taipei and the Silks and Just Sleep hotel chains, as well as restaurants, residences and luxury serviced apartments, is the largest and most profitable hotel company listed on the Taiwan Stock Exchange.
In June 2010, FIHC acquired the entire Regent Hotels brand, including all worldwide trademarks, licensing rights and management contracts, together with a licensing contract for the Florida-based Regent Seven Seas Cruises.
Regent, which has 11 existing and pipeline hotels in some of the most exciting regions of Europe, Asia, the Americas and the Middle East, is a highly-respected and pioneering luxury hospitality brand whose legacy dates back to the early 1970’s and a flagship hotel in Hong Kong.
FIHC is now actively pursuing a strategic global growth strategy to introduce the Regent brand in key business and leisure destinations throughout the world.
Steven Pan - Chairman
Steven Pan, Chairman of the Taipei-based FIH Regent Group is also the President and CEO of Pacific Resources Group; a diversified global real estate holding company.
Steven joined FIHC 1991, became President in 1992 and in 2000, led a management buyout of the controlling stake in the group, subsequently becoming Chairman. Since then, the corporation has become the largest and most profitable hotel company in Taiwan.
The FIHC flagship - the Grand Formosa Regent hotel in Taipei - has consistently been ranked the leading hotel in Taipei and one of top 20 hotels in Asia. In 2010, the Corporation acquired the Regent luxury hotel business with Regent brand and hotel management contracts worldwide. Steven serves as Chairman and CEO of Regent Hotels Group.
Steven also founded Pacific Resources Group in San Francisco in 1994, by acquiring the Chevron headquarters building. The Group completed many landmark transactions in San Francisco, Tokyo, and Hong Kong and the 2004 sale of Pacific Place, in San Francisco, was not only the largest real estate transaction in five years but was feted as Real Estate Deal of the Year. The Group is still active in California and Asia.