Surekha Ragavan
May 23, 2018

Singapore to debut Kempinski property

The new hotel will form an all-encompassing "heritage lifestyle" centre within Capitol Building.

Singapore to debut Kempinski property

The Kempinski Group has announced plans to debut The Capitol Kempinski Hotel Singapore within the heritage Capitol Building. Once the hotel begins operating, it will be positioned as an luxury lifestyle destination alongside the Capitol Piazza, a luxury shopping square, and Capitol Theatre, an arts and society venue.

The hotel will house 157 guest rooms and suites and an international restaurant brand under a chef tied to Michelin accolades. F&B options will extend to the Galleria, an air-conditioned sheltered promenade which is part of Capitol Piazza.

The yet-to-be-launched website also hints at heritage contemporary interiors, world-class art, and a "contemporary and intimate" experience for guests.

“The hotel will attract Singaporeans and international travellers alike as the ‘brand old new place’ to be, blending the best of the city-state’s past with the energy, creativity and entrepreneurship of modern day Singapore,” said Bernold O. Schroeder, vice-chairman of the management board of Kempinski Hotels.

It was also announced that Perennial Real Estate Holdings Limited has been appointed to manage the property. In Capital Singapore's early days, the group acquired a 50% stake to take ownership of the building, and will now take over the remaining 50% stake to have 100% ownership. 

“The proposals were thoroughly reviewed with the key selection criteria focused on the track record of the operator, overall concept, particularly on the F&B options and range of services for Eden Residences Capitol, and the financial contribution to Perennial,” said Pua Seck Guan, CEO of Perennial.

The hotel will be located in Singapore's Civic District surrounded by historic landmarks. Capitol Singapore comprises three conservation buildings – Stamford House, Capitol Building and Capitol Theatre.

Source:
CEI

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