Frasers Hospitality gears up twin engines of development for worldwide growth

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Frasers Hospitality, a strategic enterprise unit of Frasers Property, is fortifying its worldwide growth by means of collaborations with capital companions and third-party resort operators that complement its operational excellence throughout the prolonged keep section. This enterprise transformation strengthens the place of Frasers Hospitality as an investor and operator of alternative throughout the long-stay lodging section.

Over the previous 18 months, on high of its ongoing focus of opening new properties in key gateway places, Frasers Hospitality acquired its inaugural premium rental condominium belongings in Shenzhen, China and Osaka, Japan, respectively, along with three way partnership companions.
As well as, as an extension of its present extended-stay portfolio providing, Frasers Hospitality is partnering with YOTEL to launch the model’s first YOTEL property in Japan in early 2025. The location was acquired and developed by Frasers Hospitality, and is strategically situated inside strolling distance to Tokyo Station, on the metropolis’s hottest eating and buying enclave.

“In response to rising demand throughout totally different hospitality segments, Frasers Hospitality
has been evolving to strengthen our place as a companion of alternative. Given our famend hospitality excellence, the transfer to strengthen our funding capabilities to enhance
our administration experience will gasoline our future growth,” mentioned Eu Chin Fen,
Chief Govt Officer of Frasers Hospitality.  “Our latest partnership with YOTEL in Japan and joint ventures shaped in China and Japan exemplify our potential to forge robust alliances with business leaders. Concurrently, we proceed to deepen our presence in current cities with extra properties slated to open within the subsequent few years, together with Fraser Residence Taipei that we introduced final month.”

Frasers Hospitality opened three new properties in Bahrain, Chengdu and Shanghai within the first half of 2024. A further 9 properties are scheduled to open within the subsequent two years throughout China and Vietnam.

Current openings by Frasers Hospitality embody:

Modena by Fraser Nansha Guangzhou

Modena by Fraser Nansha Guangzhou sits inside Unipark Nansha, a way of life vacation spot providing a myriad of buying, eating and leisure choices, in addition to handy entry to 5 nationwide railways, 4 inter-city tracks, and 5 subway traces.

Launched on 1 July 2024, the property options 150 absolutely furnished studios and one- to two- bed room suites every geared up with a kitchenette excellent for households and {couples}. Complementing the keep expertise are services similar to an all-day eating restaurant, assembly rooms, recreation lounge, health centre, and yoga room.

Fraser Place Wujiaochang Shanghai

Opened on 15 June 2024, Fraser Place Wujiaochang Shanghai is strategically situated in
the core space of Yangpu District’s New Jiangwan Metropolis, adjoining to the Wujiaochang City Sub-centre and near Fudan College’s New Jiangwan Campus.

That includes 210 trendy, trendy visitor rooms and suites, eating house, an indoor pool, and a health centre, Fraser Place Wujiaochang Shanghai affords a comfortable home-away-from-home for short-term and long-term stays.

With entry to Shanghai’s main pure ecological inexperienced areas and 4 main ecological parks, the realm is dwelling to quite a few web giants, high-tech innovation enterprises, multinational company headquarters, and famend international universities.

Fraser Place Chengdu

Nestled within the vibrant coronary heart of Gaoxin District, Chengdu’s bustling enterprise hub,
Fraser Place Chengdu opened its doorways on 28 March 2024 and is situated throughout the prestigious Chengdu Poly Worldwide Plaza.

Steeped in class, Fraser Place Chengdu epitomises the dynamism and affluence of a vibrant, trendy metropolis on the rise. The property is seamlessly linked to a contemporary blended improvement – Chengdu Poly Time Version and is inside a brief distance to World Centre Chengdu, SKP Chengdu, and Chengdu Yintai Centre with an array of retail, eating, and leisure choices.

Boasting 238 meticulously designed items, starting from studio deluxe king to three-bedroom govt flats, the property additionally options an all-day restaurant, gymnasium,
yoga studio, sauna, indoor swimming pool, residents’ lounge, and a gathering room.

Fraser Suites Al Liwan Bahrain

Opened on 18 February 2024, Fraser Suites Al Liwan Bahrain is Frasers Hospitality’s third serviced residence within the Kingdom of Bahrain. The 63-room property contains a vary of premium-designed one-, two- and three-bedroom condominium suites, every furnished with a kitchen, excellent for enterprise and leisure travellers searching for a home-away-from-home expertise. Eating choices embody a foyer café providing scrumptious pastries, and quite a lot of cuisines to select from on the close by mall.

Strategically situated within the vibrant Al Hamala neighbourhood, a suburban space within the northwestern area of the principle island, Fraser Suites Al Liwan Bahrain is situated near Dumistan Seashore, Sakhir Desert in Al Riffa and Zallaq city, dwelling to the Al Zallaq Mosque. The UNESCO world heritage website, Dilmun Burial Mounds, is definitely accessible.

Premium Rental Flats in Shenzhen, China and Osaka, Japan

In Might 2023, Frasers Hospitality made its maiden acquisition of premium rental condominium belongings in China and Japan with a mixed asset worth of roughly S$170 million.

The 325-unit premium rental condominium in Shenzhen, China, is a leasehold asset collectively acquired with Tishman Speyer located within the coronary heart of the Luohu business and buying district. Inside strolling distance of the closest practice station, the property is well-positioned to profit from Luohu’s strategic location as a key transportation hub between Shenzhen and Hong Kong in addition to the district’s future development potential with the launch of Luohu’s city renewal plans within the subsequent decade.

The 124-unit premium rental condominium in Osaka, Japan, is a freehold asset acquired by means of a three way partnership with Alyssa Companions. It’s located within the Namba precinct, a significant business district in Osaka, and is inside strolling distance of the closest subway station.

The acquisitions add to Frasers Hospitality’s increasing portfolio in North Asia with shut to three,400 items in 16 properties throughout China, Japan, and South Korea.

Wanting Forward

Over the following 4 years, Frasers Hospitality will open one other 20 properties, together with the 9 properties scheduled to open over the following two years, because it continues to trip on the journey restoration trajectory post-pandemic.

Spanning an intensive lodging providing throughout Asia Pacific, Europe, the Center East, and Africa, Frasers Hospitality strives to proceed being the popular alternative for company and travellers with innovation and personalised service choices by anticipating clients’ evolving expectations.

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