Frasers Hospitality acquires 30th property in China for $100m
Located in the city of Dalian.
Frasers Hospitality has acquired a serviced residence property in Dalian for $100.3m (RMB 481.37m).
THe acquisition brings Frasers Hospitality's Chinese portfolio to 30 properties with over 7,000 keys.
The 259-unit Fraser Suites Dalian will be designed by Hirsch Bedner Associates.