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NEWS| Frasers Hospitality signs contract to manage serviced residences in New Delhi

Frasers Hospitality Pte. Ltd. (Frasers) recently signed a contract to manage its first Fraser Suites property in New Delhi. The nine─storey, 90─unit Fraser Suites is strategically located close to Central Delhi and is scheduled to open in October next year.

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The eco─friendly, ultra─modern property sets new benchmarks in ecological design, with a superstructure based on the Vastu Energy Grid, aimed at optimising the use of solar energy for lighting, heating and electricity generation. Amenities include a fully─equipped business centre, health club and spa, swimming pool with pool deck, outdoor whirlpool, a wellness bar, retail offerings, café and restaurant.

Situated in the Mayur Vihar area, it is part of a newly developed business hub comprising a mall, commercial offices and hotels with direct access to the Metro Station.

The signing of the contract brings the total number of Frasers─managed units to 585 in separate developments scheduled to open in India over the next three years. It underscores Frasers' objective to achieve a target of more than 700 individual units under management contract by 2011.












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