The most profitable hotel company on the Taiwan Stock Exchange
In 2000, Steven Pan led the management buyout of Formosa International Hotels Corporation in Taiwan. Since then, Formosa has become the innovative leader of the industry, introducing game-changing hospitality concepts.
In the midst of the global financial crisis, Formosa beat 10 other leading global hotel companies to acquire the luxury brand Regent Hotels & Resorts, setting another ambitious chapter in the brand’s story. Praised not only for his success in the Taiwan tourism industry, Steven has led Taiwan’s branding evolution and introduced the first all-luxury hotel mall, the Regent Galleria. He also introduced new hotel brands, such as Silks, which celebrates the cultured heritage of the Silk Road.