Singapore’s largest Mercure hotel to open on Club Street in 1Q2024

Mercure Icon Singapore City Center has a vast range of dining choices, an all-day dining restaurant, a lobby and bar concept, with tables furnished with power sockets for doing work. A landscaped pool patio and inside fitness center are made to renew the body and mind. The resort will also provide automobile lots with EV chargers.

“We are excited to expand our working connection with Accor, a solid partner,” specified Worldwide Hotels Group Chief Executive Officer Carolyn Choo.

The hotels and resort stands at 8 Club Street on a former common carpark location, in which Worldwide Hotels purchased in a public land deal tender in January 2019.

Mercure Icon Singapore City Center is positioned between the historical Chinatown and the CBD. The property is closely linked to two MRT stations, the Telok Ayer MRT Terminal on the Downtown Line and the Chinatown Terminal, an Interchange for the Northeast and Downtown Lines.

“Located in one of one of the most happening areas in Singapore, and by having a wealth of world-class extraordinary backgrounds, the resort displays our mutual determination to offering genuine hospitality expertises,” said Garth Simmons, COO for Accor’s premium, midscale and economy division in Asia.

Accor and Worldwide Hotels Group authorized an arrangement for Novotel Singapore on Kitchener a month earlier. It’s a repositioning and rebranding of the former Parkroyal Kitchener Resort, which Worldwide Hotels bought for $525 million in July.

Hillock Green condominium

Accor, the biggest foreign hospitality team in Asia Pacific, Africa and the Middle East, has already confirmed an offer with Singapore’s largest hotels and resort operator, Worldwide Hotels Group, to establish the most significant Mercure Hotel, the 989-key Mercure Icon Singapore City Centre, in 1Q2024.

Worldwide Hotels reached the top of eight bids received and was acquired for $562.2 million or $2,148.5 psf per plot ratio. The breakeven price during that time was approximated to get $800,000 per key.

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