Saturday, May 30, 2009

Frasers opens residence project in Edinburgh

FRASERS Hospitality has extended its footprint in the United Kingdom with the opening of Fraser Suites Edinburgh, a serviced residence project on the city’s ‘Royal Mile’. The property is Singapore-based Frasers’ second in Scotland. The first was the 100-unit Fraser Suites Glasgow, which opened in 2007.

Fraser Suites Edinburgh comprises 75 studio and one-bedroom apartments in the 200-year-old former Edinburgh City Council building.

Frasers said the building’s historic Victorian facade was preserved, while the interior was renovated to cater to the needs of business and leisure travellers.

Standard features include iPod docking stations and broadband Internet access, an on-site gym, breakfast suite, restaurant and a complimentary city shuttle service.

Frasers said the property marks a ‘homecoming’ of sorts for the group, whose founders, Scotsmen John Fraser and David Chalmers Neave, came to Singapore in 1883 and formed Fraser & Neave. The group is now a conglomerate with businesses worldwide.

‘Edinburgh is a major centre for business and tourism and is an integral part of our growth strategy in Europe,’ said Guus Bakker, Frasers Hospitality’s chief operating officer for Europe and the Middle East. ‘Globally, we are on track to grow from our current 4,727 serviced residences to more than 9,000 units by 2011.’

With the opening of Fraser Suites Edinburgh, Frasers now operates a total of 12 properties in Europe including eight in London, one in Glasgow and two in Paris.

Frasers currently operates 31 serviced residence properties in the Far East, Australia and Europe and will open properties this year in Bahrain, Budapest, China, Dubai, Malaysia and Singapore.

Source : Business Times – 30 May 2009

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