Home
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Look beyond Bob Geldof style in building a sustainable world
Forum seeks to define role in the changing world
Sunday
- Subscribe
Home » Business » Real Estate
Hotelier to lift portfolio in China
Print Edition
FRASERS Hospitality, a Singapore serviced apartment and hotel company, aims to nearly double its portfolio in China on the back of robust economic growth and strong leisure travel demand fueled by rising incomes.
“By 2021, we hope to operate some 30 properties around the country where our portfolio now stands at 16,” Choe Peng Sum, chief executive officer, said yesterday.
“In addition to the existing three brands, we are also looking to introduce Malmaison, a collection of boutique style hotels, into the China market within the coming four years.”
The expansion will consolidate the company’s presence in Shenzhen, Shanghai, Tianjin, Nanjing, Chengdu and Wuhan while extending its footprint to new cities such as Dalian, Nanchang and Hefei.
The gold-standard Fraser serviced residences and the Modena lifestyle brand remain the major drivers for the company in China, along with its high-tech Capri brand, according to Choe.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
