THE GROUP'S LATEST SIGNING IN SINGAPORE WILL BOOST ITS GROWING HOTEL PORTFOLIO IN ASIA

SINGAPORE - Accor, a global leader in hospitality, continues its strong growth trajectory in Singapore with the signing of two new-build properties with three hotel brands set to open by 2027 with its long-standing partners, Fragrance Group Limited and Global Premium Hotels Limited, both owned by Koh Wee Meng. This landmark agreement will introduce Mövenpick Singapore, the largest Mövenpick hotel in Asia Pacific, the first Mövenpick Living in Singapore, and a Handwritten Collection branded hotel situated alongside the city-state's famed and culturally rich Waterloo Street.

These new signings reaffirm Accor's position as the preferred partner for hotel owners across Asia's premium, midscale, and economy (PM&E) segments. As the region's leading operator in these categories, Accor is committed to driving value and business performance through its extensive expertise and platforms.

Located near the central business district at Hoe Chiang Road, Mövenpick Singapore will be the largest Mövenpick hotel in Asia Pacific, featuring approximately 808 keys. Mövenpick offers a warm and premium experience, with a focus on culinary excellence that helps foster moments of indulgence and human connection. The same building will house Mövenpick Living Singapore, an approximately 37-key property ideal for business and leisure travellers seeking extended stays.

In late 2025, Waterloo Street, renowned for local arts and culture in the heart of Singapore's civic centre, will welcome a new hotel under the Handwritten Collection brand. This 502-key curated and stylish hotel will showcase unique character in every detail. As Singapore's second Handwritten Collection property, it follows the successful launch of Hotel Faber Park Singapore - Handwritten Collection in late 2023. The Handwritten Collection brand continues to show momentum across Asia, reflecting the high demand for bespoke hospitality offerings and character-rich experiences.

Garth Simmons, Chief Operating Officer of Accor's Premium, Midscale, and Economy Division in Asia, commented, "Singapore is a key destination for both tourism and business in Asia, and we are thrilled to strengthen our presence with these new properties. This signing not only demonstrates the robust demand from owners and investors for brands within Accor but also reinforces our commitment to leading the region's growth and redefining the future of hospitality in Asia. Each of these properties will cater to the diverse needs of travellers, offering high-quality hospitality. We look forward to a successful partnership with Fragrance Group Limited and Global Premium Hotels Limited as we continue to expand our footprint in Asia."

Accor has a longstanding strategic partnership with Fragrance Group Limited and Global Premium Hotels Limited, operating 17 hotels in Singapore, 5 in Australia, and 3 in the United Kingdom, under brands such as MGallery, Mövenpick, Novotel, Mercure, Handwritten Collection, ibis Styles, and ibis budget brands.

Koh Wee Meng, Founder and Chairman of Fragrance Group Limited, commented, "We are excited about this new chapter in our partnership with Accor. These new properties will allow us to continue curating enriching experiences for our guests and further diversify our hospitality offerings in Singapore. As we expand our portfolio, we are committed to delivering memorable stays that cater to the evolving needs of travellers. We look forward to working closely with Accor to bring these exceptional properties to life."

Accor currently operates 35 hotels across 13 brands in Singapore, including Raffles, Fairmont, Sofitel, Mondrian, Swissôtel, Pullman, Grand Mercure, Novotel, Mercure, Handwritten Collection, ibis, ibis Styles, and ibis budget.

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