Frasers Hospitality

Type

| Subsidiary
Traded as| SGX: ACV
Industry| Hospitality
Founded| 1998; 26 years ago (1998)
Headquarters|

Singapore

Number of locations

| More than 140 serviced apartments and hotels

Area served

| Worldwide

Key people

| Koh Teck Chuan (CEO)
Products|

* Serviced apartments
* Hotels

Owner| Frasers Property
Website| frasershospitality.com

Frasers Hospitality is a Singapore-based international hospitality chain that is a subsidiary of Frasers Property. It owns and manages over 140 hotels and serviced apartments in the luxury, premium and midscale segments across Asia, Oceania, Middle East, Europe and Africa.[1]

Its portfolio of brands include Fraser Suites, Fraser Place, Fraser Residence, Modena by Fraser, Capri by Fraser, Malmaison and Hotel du Vin.[2][3]

## Contents

* 1 History
* 2 Loyalty programme
* 3 References
* 4 External links

## History[edit]

Frasers Hospitality began operations in 1998 with the opening of two serviced residences in Singapore at the height of the 1997 Asian financial crisis.[4][5]

In 2010, the chain entered the midscale market with the launch of the Modena by Fraser brand. The first property was opened in Tianjin, China.[6] Frasers Hospitality launched its hotel-residence brand Capri by Fraser in 2012 which is targeted at millennial travellers.[7][8]

The group went public in 2014 on the Singapore Exchange as a stapled security, consisting of a real estate investment trust (REIT) and a business trust.[9][10] It trades under the name of Frasers Hospitality Trust.[11]

In 2015, Frasers Hospitality expanded its presence in Europe through the acquisition of 29 Hotel du Vin and Malmaison hotels from KSL Capital Partners for £363 million.[12][13] In the same year, the chain purchased four properties in the UK from Swire Properties Hotels Holdings for £36.1 million.[14][15]

The current chief executive officer is Koh Teck Chuan.[16]

## Loyalty programme[edit]

Fraser World is the official loyalty programme of Frasers Hospitality. The previous loyalty programme was a recognition-based scheme.[17]

## References[edit]

1. ↑ "About Us | Frasers Hospitality". www.frasershospitality.com. Retrieved 2020-09-28.`{{cite web}}`: CS1 maint: url-status (link)
2. ↑ "Best Extended Stay Hotels and Lodging | Frasers Top Luxury Apartments". www.frasershospitality.com. Retrieved 2020-09-28.
3. ↑ Ramchandani, Nisha (2019-06-17). "Frasers Hospitality to grow footprint in Europe with Malmaison, Capri brands". The Business Times. Retrieved 2020-09-28.
4. ↑ Miller, Monica (2017-07-03). "How one man built a global hospitality empire". BBC News. Retrieved 2020-09-28.
5. ↑ Huang, Claire (2016-05-31). "Frasers Hospitality steps up global expansion with debuts in 21 cities". The Business Times. Retrieved 2020-09-28.
6. ↑ "Frasers Hospitality launches 'Modena'". Travel Daily. 2011-10-26. Retrieved 2020-09-28.
7. ↑ "Frasers Hospitality launches Capri by Fraser". Singapore Business Review. 2012-05-09. Retrieved 2020-09-28.`{{cite web}}`: CS1 maint: url-status (link)
8. ↑ "Frasers Hospitality expands upscale hotels to tap millennials". Nikkei Asian Review. Retrieved 2020-09-28.
9. ↑ Khoo, Lynette (2014-06-24). "Frasers Hospitality Trust IPO set to rake in $365m". The Business Times. Retrieved 2020-09-28.
10. ↑ "Frasers Hospitality Trust launches IPO at $0.88 per share". Singapore Business Review. 2014-06-24. Retrieved 2020-09-28.`{{cite web}}`: CS1 maint: url-status (link)
11. ↑ "FRASERS HOSPITALITY TRUST (ACV.SI) stock price, news, quote & history – Yahoo Finance". sg.finance.yahoo.com. Retrieved 2020-09-28.
12. ↑ "Frasers Hospitality of Singapore buys Hotel du Vin for £363m". 2015-06-17. Retrieved 2020-09-28.`{{cite web}}`: CS1 maint: url-status (link)
13. ↑ Ramchandani, Nisha (2019-06-17). "Frasers Hospitality to grow footprint in Europe with Malmaison, Capri brands". The Business Times. Retrieved 2020-09-28.
14. ↑ "Frasers Hospitality buys four UK hotels". Business Traveller. Retrieved 2020-09-28.
15. ↑ Yahya, Yasmine (2015-12-09). "Frasers Hospitality acquires four boutique hotels in Britain". The Straits Times. Retrieved 2020-09-28.`{{cite web}}`: CS1 maint: url-status (link)
16. ↑ "Koh Teck Chuan joins Frasers Hospitality as CEO". The Business Times. 2019-02-19. Retrieved 2020-09-28.
17. ↑ "Frasers Hospitality revamps loyalty programme". Business Traveller. Retrieved 2020-09-28.

## External links[edit]

* Official website
* Frasers Hospitality on Facebook
* Frasers Hospitality on Twitter
* Frasers Hospitality on Instagram
* Frasers Hospitality's channel on YouTube
* Frasers Hospitality on LinkedIn

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