Ascott signs deal to manage five-star hotel in Johor Bahru

It will offer 207 rooms and target both short- and long-stay travellers.

The Ascott Limited has signed a hotel management agreement with Coronade Properties Sdn Bhd to operate a new five-star hotel in the upcoming Coronation Square development, located within the Ibrahim International Business District (IIBD) in Johor Bahru.

The site lies within the Johor-Singapore Special Economic Zone (JS-SEZ) and is directly linked to the Rapid Transit System (RTS) station at Bukit Chagar.

The agreement marks the first major hospitality partnership following the Singapore-Malaysia JS-SEZ pact signed in January 2025, according to a joint announcement from Ascott and Coronade Properties on Thursday.

The hotel, which will operate under Ascott’s flagship brand, will be the company’s sixth Ascott-branded property in Malaysia and its first in Johor Bahru.

The property, to be named Ascott Coronation Square Johor Bahru, is scheduled to open in the second half of 2029.

It will offer 207 rooms and target both short- and long-stay travellers. Planned facilities include an all-day dining restaurant, fitness centre, pool, meeting rooms, and curated hospitality features under the “Ascott Artisan” service concept.