Singapore’s largest Mercure hotel to open on Club Street in 1Q2024

Mercure Icon Singapore City Center has a wide variety of dining choices, an all-day eating restaurant, a lounge and bar concept, with tables furnished with power outlets for working. A landscaped swimming pool patio and indoor gym are developed to renew the body and mind. The resort is going to additionally include car lots with EV chargers.

Mercure Icon Singapore City Center is placed in between the historic Chinatown and the CBD. The hotel is directly linked to 2 MRT stops, the Telok Ayer MRT Terminal on the Downtown Line and the Chinatown Station, an Interchange for the Northeast and Downtown Lines.

Accor and Worldwide Hotels Team authorized a contract for Novotel Singapore on Kitchener a month back. It’s a repositioning and rebranding of the previous Parkroyal Kitchener Resort, which Worldwide Hotels purchased for $525 million in July.

The Arden condominium

The hotel is located at 8 Club Street on a past free carpark location, which Worldwide Hotels bought in a government land sale tender in January 2019.

“Found in one of one of the most developing areas in Singapore, and by having a riches of first-rate remarkable experiences, the hotel shows our mutual determination to offering authentic hospitality expertises,” claimed Garth Simmons, COO for Accor’s premium, midscale and economy division in Asia.

Accor, the biggest international hospitality team in Asia Pacific, Africa and the Middle East, has already confirmed a deal with Singapore’s biggest hotel broker, Worldwide Hotels Group, to open the biggest Mercure Hotel, the 989-key Mercure Icon Singapore City Center, in 1Q2024.

Worldwide Hotels reached the best of 8 offers obtained and was acquired for $562.2 million or $2,148.5 psf per plot ratio. The breakeven cost at that time was estimated to get $800,000 per key.

“We are excited to expand our working connection with Accor, a strong partner,” specified Worldwide Hotels Group Chief Executive Officer Carolyn Choo.


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