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Frasers Centrepoint Hospitality Arm Goes Global With Europe Launches
Daily Bulletin | 28 September 2015
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Fraser Centrepoint’s hospitality arm, Frasers Hospitality, has announced the opening of Capri by Fraser, Berlin in 2017 following the recent opening of Capri by Fraser in Barcelona and Frankfurt.

The new openings also marks Frasers Hospitality’s entry into Germany and Spain, which continue to be attractive destinations for business and leisure, ranking among the top five European countries that continue to attract foreign direct investment.

Reflecting the global demand for Capri by Fraser, this Europe launch will be followed by the addition of another 10 Capri by Fraser properties in Asia Pacific over the next four years, which will bring the total number of Capri by Fraser hotel residences to 17 properties with more than 3,500 units, including those in the pipeline.

Catering to the “always-on” lifestyles needs of today’s e-generation travellers, Capri by Fraser bridges the gap between conventional hotels and serviced residences by offering a hybrid of hotel facilities together with the comfort and convenience of a full serviced residence. Fraser Hospitality’s global portfolio, including those in the pipeline, stands at 129 properties in 77 cities and more than 21,000 keys worldwide.

Frasers Property  1.870 -0.050 -2.60%   
Business: Co operates as a real estate company. [FY18 Geographical] Australia (41.1%), Singapore (33.2%), Europe (14.1%), China (7.2%), others (4.4%).

Insight: Feb-19, 1Q19 revenue surged 44.7% and net profit j... Read More

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