Frasers Hospitality to export UK brand to Asia, eyes Aussie cities
It plans aggressive expansion, targeting 30,000 units with 48 properties to open across the globe by 2019
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Singapore
EVEN as Frasers Hospitality busies itself with its further expansion in Europe, works are in progress to bring its Malmaison Hotel du Vin (MHDV) chain in the United Kingdom to Asia as early as 2018. At the same time, it is planning to extend its presence in two Australian cities.
The hospitality arm of real estate developer Frasers Centrepoint Ltd (FCL) intends to add a second property to its Melbourne portfolio, chief executive Choe Peng Sum shared with The Business Times, adding that Frasers Hospitality also owns a property each in Sydney, Perth and Brisbane. Details of the other city in which it intends to extend its presence are unavailable.
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