Ascendas Hospitality Reit in dispute with Park Hotel Management over $5.92m alleged unpaid debt

Park Hotel Management has been wound up for failing to pay $5.228 million owed in relation to Grand Park Orchard.
Park Hotel Management has been wound up for failing to pay $5.228 million owed in relation to Grand Park Orchard.ST PHOTO: ARIFFIN JAMAR

SINGAPORE - Park Hotel Management is embroiled in a dispute with landlord Ascendas Hospitality Reit over $5.92 million of debt owed in relation to Park Hotel Clark Quay.

Park Hotel Clarke Quay is one of six hotels in Singapore managed by Park Hotel Group.

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