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

“Found in one of one of the most happening areas in Singapore, and by having a riches of first-rate exceptional expertises, the hotel demonstrates our common dedication to providing genuine hospitality experiences,” claimed Garth Simmons, COO for Accor’s superior, midscale and economy branch in Asia.

The hotels and resort is located at 8 Club Street on a former common carpark spot, in which Worldwide Hotels bought in a public land sale tender in January 2019.

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

“We are excited to increase our working relationship with Accor, a solid partner,” mentioned Worldwide Hotels Group CEO Carolyn Choo.

Worldwide Hotels was at the best of 8 bids obtained and was bought for $562.2 million or $2,148.5 psf per plot ratio. The breakeven cost during that time was estimated to get $800,000 per key.

Accor, the biggest international hospitality team in Asia Pacific, Africa and the Middle East, has recently confirmed a transaction with Singapore’s biggest hotels and resort broker, Worldwide Hotels Group, to establish the largest Mercure Hotel, the 989-key Mercure Icon Singapore City Centre, in 1Q2024.

Reserve Residences Far East Organisation & Sino Group

Mercure Icon Singapore City Center is arranged in between the historic Chinatown and the CBD. The hotel is closely attached to 2 MRT stops, the Telok Ayer MRT Station on the Downtown Line and the Chinatown Terminal, an Interchange for the Northeast and Downtown Lines.

Mercure Icon Singapore City Centre has a wide range of eating alternatives, an all-day dining restaurant, a lounge and bar idea, with tables prepared with power sockets for working. A landscaped swimming pool deck and indoor health club are made to rejuvenate the mind and body. The hotel will likewise include car lots with EV battery chargers.