IHG has signed a new management agreement with major property developer RB Capital, to launch InterContinental Singapore Robertson Quay " the second InterContinental hotel in Singapore.
Located along the prominent Singapore River, the 225-room InterContinental Singapore Robertson Quay is part of RB Capital’s “Robertson Quay Project” to rejuvenate the area into a vibrant riverfront destination for both tourists and residents. The hotel, which will be on the current Gallery Hotel site, will open in 2016.
When complete the new luxury hotel, designed by award-winning architecture firm SCDA Architects, will sit atop a mixed use development comprising restaurants, bars and lifestyle retail outlets. Its strategic location in the heart of the city " in close proximity to the world-renowned Orchard Road shopping area, heritage district of Chinatown and the country's central business district " adds to the appeal of InterContinental Singapore Robertson Quay for both business and leisure travellers.
InterContinental Robertson Quay will have a contemporary design featuring modern rooms offering views of the Singapore River and city skyline. The ground floor will house the hotel’s arrival lobby, concierge services and the hotel’s flagship restaurant. The hotel reception will be on level four, which will also have meetings rooms, function space, club lounge, a swimming pool and bar.
Jan Smits, Chief Executive, Asia, Middle East and Africa, IHG, said: "Singapore still has immense growth potential as a travel destination. It was recently named Asia’s best tourism and aviation hub by the World Economic Forum and with the upcoming development of Changi Airport's fourth terminal projected to boost passenger capacity by another 16 million a year, the country is poised to capitalise on the region's continued booming tourism."
"RB Capital is already a partner of IHG’s and they have an established reputation as a leading property development company. So growing our presence in Singapore together is a great opportunity for us both and we look forward to working with them to open the doors of InterContinental Singapore Robertson Quay in 2016," Jan added.
Kishin RK, Chief Executive, RB Capital, remarked: "The new InterContinental Singapore Robertson Quay will be an exciting addition to Singapore's luxury hotel landscape and is the crown jewel of our Robertson Quay rejuvenation project. We are confident its modern luxury design and positioning will be a strong draw for sophisticated business and leisure travellers to Singapore. We are delighted to partner with IHG again following the successful launch of our Holiday Inn Express Singapore Clarke Quay earlier this year."
JLL Hotel & Hospitality Group acted as exclusive advisor to RB Capital in negotiating the hotel management agreement. Their CEO of Asia, Scott Hetherington, explained: “InterContinental Singapore Robertson Quay is one of a handful of freehold luxury hotels in Singapore. More than 20 regional and international operators bid for this exceptional opportunity underlying the scarcity of freehold hotels in Singapore, one of the key gateway markets to Asia.”
IHG currently has six hotels (more than 2,200 rooms) open across four brands in Singapore: InterContinental Singapore, Crowne Plaza Changi Airport, Holiday Inn Singapore Orchard City Centre, Holiday Inn Singapore Atrium, Holiday Inn Express Singapore Orchard Road and Holiday Inn Express Singapore Clarke Quay.
There are currently 68 InterContinental hotels and resorts across Asia, Middle East and Africa, with another 21 due to open in the next three to five years.
