CFA Society Singapore
SINGAPORE (Dec 8): Property developer Oxley Holdings has announced the soft opening of Mercure Singapore on Stevens, a 518-guestroom development with an all-day restaurant, an executive lounge, a fitness centre and a swimming pool.
A ribbon-cutting event was held with the presence of Oxley’s executive chairman and CEO, Ching Chiat Kwong, along with the management teams of both Mercure and Oxley.
This marks the group’s maiden venture into hotel development together with Mercure’s next-door sister hotel Novotel Singapore on Stevens, which launched in Oct.
Both hotels are located near to the Scotts Road and Orchard Road shopping belts.
“We are excited to unveil Mercure Singapore on Stevens. It is our aspiration that this unique and contemporary design hotel will set a benchmark in the industry. With its excellent location, tastefully designed guestrooms, lifestyle amenities and warm hospitality service by Mercure, I am sure guests will enjoy an exceptional stay experience,” says CEO Ching.
Shares in Oxley closed 1 cent higher at 60 cents on Friday.