, Singapore

Frasers Centrepoint expands hospitality business in second-tier mainland cities

It had added 10 more serviced residences.

Frasers Hospitality has expanded its foothold in China by adding ten more serviced residences in seven second-tier cities. These properties are located in Tianjin, Nanchang, Hefei, Dalian, Kunming, Wuxi and Chengdu.

They involve the addition of more than 2,400 new apartment units, which will almost double Frasers Hospitality’s China portfolio, bringing it to 26 properties with more than 5,900 serviced apartment units in 14 key cities and second-tier cities.

This makes China one of the fastest-growing markets for Frasers Hospitality, which together with South Korea and Japan currently make up one-third of its total revenue. 

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley