Park Hotel Group has secured its first hotel
The agreement was inked with
CEL-Alexandra, a wholly-owned subsidiary of CEL Development, the
property investment and development arm of Singapore-listed
construction and property group Chip Eng Seng Corporation.
Under the agreement, Park Hotel Group will
provide the full spectrum of hotel management services, including consultancy on the design and construction of a new-build hotel
located on the Alexandra Road / Jalan Bukit Merah site.
Mr Allen Law, CEO of Park Hotel Group, said, “We are very
excited about this strategic collaboration with CES as it marks our foray into hotel management services. Having competed against
bigger international hotel chains to clinch this deal, we believe
this is indicative of the industry’s confidence in our hotel
management expertise and capabilities.”
The proposed 13-storey hotel is slated to be a four-star 450-room
development under the upscale Park Hotel brand.
With a gross floor area of 13,349m2 and room sizes ranging from
21m2 to 42m2, the new Park Hotel at Alexandra will
benefit from its proximity and accessibility to the Pasir Panjang
and Alexandra Road business hubs, upcoming One-North developments,
as well as major tourist attractions such as Sentosa and Mount
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