Frasers Hospitality CEO to step down; COO to lead company and report to Frasers Property
Sign up now: Get ST's newsletters delivered to your inbox
Fraser Suites Singapore along River Valley Road, one of the company’s assets.
PHOTO: FRASERS PROPERTY
Elysia Tan
- Frasers Hospitality CEO Eu Chin Fen will step down on Jan 1, 2027, after key milestones, including the 2025 privatisation of Frasers Hospitality Trust and the 2026 portfolio optimisation.
- Chew Hang Song will lead the lodging business as COO, reporting to Frasers Property group CEO Panote Sirivadhanabhakdi, with a focus on global brand growth and third-party management deals.
- Eric Gan will head hospitality investment and asset management under group investment, supporting an asset-light strategy and stronger capital partnerships across hospitality and living assets.
AI generated
SINGAPORE – Eu Chin Fen will step down as chief executive officer of Frasers Hospitality, effective on Jan 1, 2027, Frasers Property said in a statement on the morning of Oct 9.
Chew Hang Song will lead Frasers Hospitality as its chief operating officer, reporting to Frasers Property’s group CEO, Panote Sirivadhanabhakdi.
This follows the achievement of strategic milestones: the privatisation of Frasers Hospitality Trust in 2025 and the completion of its portfolio optimisation in September 2026.
Eu, 55, has decided to pursue personal interests, with the hospitality platform now well-positioned for its next state of growth, Frasers Property said.
It added: “To sharpen operational focus and support efforts to enhance real estate portfolio value, Frasers Hospitality’s leadership structure will be strategically segmented, aligning with group resources, and reporting into senior group leadership.”
Chew’s role will involve driving global brand stewardship for the lodging business, expanding the portfolio through third-party management agreements and overseeing operations at its properties worldwide.
Meanwhile, Frasers Hospitality’s current chief financial officer, Eric Gan, will lead hospitality investment and asset management under group investment. He will report to group COO Tony Lombardo. As managing director of group investment, Gan’s focus will be on investment strategies and asset portfolio management across hospitality and the wider living sector.
Sirivadhanabhakdi said that the move to house hospitality investment and asset management within group investment aligns with its asset-light strategy for the sector, “connecting (its) real estate platform to institutional capital and enabling (it) to grow (its) capital partnerships more dynamically”.
Empowering the lodging business under Chew, meanwhile, allows the team to scale the brand globally through management contracts, he added.
Sirivadhanabhakdi said: “(Eu) has helped build a resilient global brand, established trusted partnerships and nurtured a strong hospitality executive team. Our evolved structure builds on that foundation by giving each part of the business clearer focus and optimised resources.”
Eu joined the group in 2011. She worked closely with group leadership on the $2.1 billion Frasers Hospitality Trust portfolio optimisation. The stapled group was taken private in October 2025 via a trust scheme of arrangement.
Frasers Property closed at 94 cents, down 1.05%, on Oct 9.
THE BUSINESS TIMES