With reference to
Far East Hospitality Trust (FEHT) had announced on Thursday, October 22, that they will be expanding their presence in Singapore and the region.
They will be opening three hotels and service residences under its Oasia brand next year in
1. Singapore and
2. Malaysia
adding more than 700 rooms in capacity.
Their property in Kuala Lumpur is expected to open in the first quarter of 2016, while the other two properties will be opened in Singapore in the second half of next year.
Speaking at the 2015 ITB Asia Conference, Far East Hospitality CEO Arthur Kiong said, "The expansion strategy for Oasia comes at an opportune time. As the region continues to mature and attract a strong stream of international arrivals, we believe we can replicate the success of Oasia Hotel Novena by bringing Oasia to other key gateway cities in the region."
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