Advertisement
Singapore markets open in 5 hours 55 minutes

  • Straits Times Index

    3,292.69
    +10.64 (+0.32%)
     

  • S&P 500

    5,079.48
    +43.79 (+0.87%)
     

  • Dow

    38,248.56
    +432.64 (+1.14%)
     

  • Nasdaq

    15,865.04
    +207.22 (+1.32%)
     

  • Bitcoin USD

    58,844.36
    -1,548.13 (-2.56%)
     

  • CMC Crypto 200

    1,225.66
    -113.41 (-8.47%)
     

  • FTSE 100

    8,121.24
    -22.89 (-0.28%)
     

  • Gold

    2,337.40
    +34.50 (+1.50%)
     

  • Crude Oil

    79.22
    -2.71 (-3.31%)
     

  • 10-Yr Bond

    4.5870
    -0.0990 (-2.11%)
     

  • Nikkei

    38,274.05
    -131.61 (-0.34%)
     

  • Hang Seng

    17,763.03
    +16.12 (+0.09%)
     

  • FTSE Bursa Malaysia

    1,575.97
    -6.69 (-0.42%)
     

  • Jakarta Composite Index

    7,234.20
    +78.41 (+1.10%)
     

  • PSE Index

    6,700.49
    -69.15 (-1.02%)
     

Frasers Hospitality plans to launch 10 more properties in China

cheeyuen.tan@bizedge.com
Updated

Frasers Hospitality has unveiled plans to launch 10 more properties in China, following the opening of the official opening of Fraser Place Tianjin by Lawrence Wong, Singapore’s Minister for National Development.

The plans include key cities in Tianjin, Wuxi, Chengdu, Shanghai and Shenzhen, and new market launches in Nanchang, Dalian and Changsha.

Frasers Hospitality is looking to reach its goal of 30 properties with 7,000 units in China, which is a significant contributor to its global expansion target of 30,000 units by 2019.

These new launches will span across its three brand offerings, namely Fraser (Fraser Suites, Fraser Place, Fraser Residence), Modena, and Capri.

Related Articles From TheEdgeProperty.com.sg
China's Wanda Group reconsiders de-listing property unit
China to curb land supply for cities with property glut
Singapore is unlikely tourist hotspot as casinos draw Chinese
Chinese buyers double their Aussie property investments, again