Singapore-headquartered Far East Hospitality (FEH) will be opening the company’s first overseas property in Japan.
Set to open in 2Q2020, Village Hotel Ariake Tokyo will be the brand’s first property outside of Singapore. Owned under a 50-50 joint venture between FEH and Far East Organization, the 306-key hotel will be located in Koto City, eastern part of Tokyo, near the waterfront area of Ariake.
Village Hotel Ariake Tokyo, which targets the local business community and leisure markets, is in the vicinity of wholesale seafood and food market Toyosu Market, exhibition and convention centre Tokyo Big Sight and the Ariake Arena, one of the venues hosting the Tokyo Olympics in 2020. Tokyo Disneyland Resort is also a short car ride from the hotel.
FEH’s CEO Arthur Kiong said: “Japan’s hotel industry is seeing a steady growth in demand, specifically from the mid-tier market in neighbouring countries. Ahead of the 2020 Tokyo Olympics, we see this regional expansion as an opportunity to raise brand exposure in this major international gateway city.”
Early this year in April, FEH signed a hotel management agreement with Five Elements Development to manage two boutique hotels in Ho Chi Minh City, which are both slated to open in 1H2020.
Hotel Reve is a 56-key property inspired by Vietnam’s oldest art and antique street Le Cong Kieu, whereas the 30-key Suzu Hotel is located in Vietnam’s Japan Town, and will house an onsen, omakase restaurant and tatami rooms.
On the home front, FEH in April launched the Village Hotel Sentosa and The Outpost Hotel Sentosa as part of its expansion in the local mid-tier market.
The third hotel of the Sentosa precinct, The Barracks Hotel Sentosa, is slated to open at the end of 2019 with 40 colonial-style rooms, and exclusive pool and jacuzzi access for guests.
Come 2Q2020, FEH will launch The Clan Hotel, a 324-room property catering to affluent and tech-savvy business travellers in their late-20s to mid-40s.