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BT EXCLUSIVE

Global Premium Hotels puts 23 hotels on market at S$1.4b

Chairman says group will consider offer only if buyer takes all properties

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GPH chairman James Koh, also founder, chairman and CEO of Fragrance Group, said it had received 'a couple of offers'. The properties have been on the market since the second half of last year.

Singapore

A PORTFOLIO of 23 hotels, mostly under the Fragrance brand, is up for sale by Global Premium Hotels (GPH) at an indicative price of S$1.4 billion.

They have been on the market since the second half of last year.

Although there have been no takers so far it is not

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