Singapore-based Park Hotel Group has signed its fourth hotel in the Lion City.
The company has agreed a management contract with the Chip Eng Seng Corporation for a brand new upscale property being built on Alexandra Road.
Opening in 2015, the hotel will form part of a new mixed-use development. The 13-storey hotel tower will be perched on top of a six-storey retail podium, with hotel facilities spread across the podium roof. The hotel will include 450 rooms, a swimming pool, gymnasium, meeting rooms and restaurants. Construction is due to commence in the fourth quarter of 2012, with opening scheduled for the first half of 2015.
Park currently operates the Grand Park Orchard, Grand Park City Hall and Park Hotel Clarke Quay hotels in Singapore, as well as other properties in China, Hong Kong and Japan.