Singapore’s largest Mercure hotel to open on Club Street in 1Q2024

Accor and Worldwide Hotels Group authorized an arrangement for Novotel Singapore on Kitchener a month back. It’s a repositioning and rebranding of the former Parkroyal Kitchener Resort, which Worldwide Hotels purchased for $525 million in July.

Mercure Icon Singapore City Center has a vast range of eating options, an all-day eating restaurant, a lounge and bar concept, with tables equipped with power sockets for working. A landscaped swimming pool deck and interior health club are made to rejuvenate the mind and body. The resort is going to also provide car lots with EV chargers.

Worldwide Hotels was at the top of eight bids got and was bought for $562.2 million or $2,148.5 psf per plot ratio. The breakeven price at that time was estimated to be $800,000 per key.

The hotel stands at 8 Club Street on a previous public carpark site, in which Worldwide Hotels bought in a government land sale tender in January 2019.

Lentor Mansion Singapore

“Found in one of one of the most happening areas in Singapore, and with a wealth of first-rate extraordinary experiences, the hotel shows our mutual determination to supplying genuine hospitality knowledge,” stated Garth Simmons, COO for Accor’s superior, midscale and economy division in Asia.

Accor, the largest international hospitality group in Asia Pacific, Africa and the Middle East, has already confirmed an offer with Singapore’s biggest hotel provider, Worldwide Hotels Group, to open the biggest Mercure Hotel, the 989-key Mercure Icon Singapore City Center, in 1Q2024.

Mercure Icon Singapore City Center is positioned in between the historic Chinatown and the CBD. The hotel is directly attached to two MRT stops, the Telok Ayer MRT Terminal on the Downtown Line and the Chinatown Terminal, an Interchange for the Northeast and Downtown Lines.

“We are excited to broaden our working relationship with Accor, a solid partner,” stated Worldwide Hotels Group Chief Executive Officer Carolyn Choo.

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