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Frasers moved into hospitality in the 1990s with the creation of the Fraser Place and Fraser Suites hotel and serviced residence brands. By 2002, it had properties in London, England, and Seoul, South Korea. [12] Other brands include Fraser Residence, Modena by Fraser (based in China), and Capri by Fraser (a serviced residence built for long ...
The acquisition was a strategic move by Ascott to access the rapidly expanding middle-class business hotel segment, with about 70% of TAUZIA's hotels catering to business and convention travellers and the remainder to leisure travellers. [16] In 2022, Ascott acquired serviced apartment brand, Oakwood, from Mapletree Investments.
An apartment hotel or aparthotel (also residential hotel, or extended-stay hotel) is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company.
The hotel group also operates serviced suites in both Pan Pacific and Parkroyal brands. In 2008, the brand launched its first extended-stay property with Pan Pacific Serviced Suites Orchard, Singapore. In 2010, it opened Pan Pacific Serviced Suites Bangkok and in 2013, Pan Pacific Serviced Suites Beach Road, Singapore, welcomed its first guests.
Marriot International, the largest hotel chain in the world by far. This is the list of chain-branded hotels around the world. This is a listing of some of the major hotel brands worldwide. [1] [2] The hotel groups may directly own the hotels, or operate them through a franchise or management agreement. [3]
Raffles Residences is a collection of private residential suites and apartments that are serviced by Raffles Hotels & Resorts and are usually connected to a Raffles-branded hotel. [49] There are currently three Raffles Residences with more scheduled to be completed in the next few years. [50]