Property group OUE and OUE Commercial REIT (OUE C-Reit) will spend S$90 million (US$62 million) to rebrand Mandarin Orchard Singapore to Hilton Singapore Orchard, following an agreement with Conrad International Management Services (Singapore), said OUE in a press release.
The revamped property will be Hilton’s flagship hotel in Singapore, and its largest in Asia-Pacific.
The hotel’s rebranding will see the addition of new meeting facilities and F&B offerings to cater to the growing demand for regional and global corporate events.
The planned refurbishment will be conducted in phases and will commence in 2Q2020 to capitalise on the current challenges facing the hospitality industry due to Covid-19. It is scheduled for completion by end-2021.
Until then, Mandarin Orchard Singapore will continue to operate under the management of Meritus Hotels & Resorts, the hotel management company under the hospitality division of OUE.
Upon its relaunch in 2022, the hotel will feature 1,080 rooms, five F&B venues including an all-day dining restaurant, as well as meeting and function spaces spanning a total of 3,765m2, including three ballrooms.
Tan Shu Lin, CEO of OUE C-Reit’s manager, said that the current challenges faced by the Singapore hospitality sector due to the global coronavirus pandemic “present a timely opportunity for us to carry out the extensive renovations, with the rebranded hotel expected to be ready in time to take advantage of the sector’s anticipated recovery”.
Mandarin Orchard Singapore is part of OUE C-Reit’s portfolio, under OUE Hospitality Sub-Trust. OUE is the master lessee of the property.