SINGAPORE - Far East Hospitality, which operates hotels and serviced residences is set to expand the Oasia brand locally and abroad.
The hospitality management arm of the listed Far East Orchard said on Thursday that it will open hotels and serviced residences in Singapore and Malaysia next year.
This will add more 700 rooms to its growing portfolio.
"The expansion strategy for Oasia comes at an opportune time. As the region continues to mature and attract a strong stream of international arrivals, we believe we can replicate the success of Oasia Hotel Novena - formerly known as Oasia Hotel Singapore - by bringing Oasia to other key gateway cities in the region, kicking off with Kuala Lumpur in the first quarter of 2016," said Far East Hospitality chief executive Arthur Kiong.
He was speaking at the 2015 ITB Asia Conference at Marina Bay Sands on Thursday.
