THE South Beach Consortium, holding company of Singapore’s The South Beach hotel, is in talks with Marriott International to hand over management of the property to them.
If successful, The South Beach will come under the JW Marriott brand, the first one in Singapore, alongside other Marriott-managed properties in the city-state, such as Marriott Singapore Tang Plaza and The Ritz-Carlton, Millenia Singapore.
It is unclear at this stage what will become of the office tower, part of the South Beach mixed-use development, that includes tenants such as Expedia, The Lego Group, and Facebook.
Other components of the development include F&B joints, nightclubs, retail outlets and serviced residences.
Ownership of the property jointly belongs to City Developments Limited and IOI Properties Group Berhad.
