Acquiring a condominium in Singapore has emerged as a highly favored option for domestic and international investors alike, owing to the country’s thriving economy, unwavering political climate, and superior quality of life. The real estate market in Singapore presents a plethora of prospects, with condos being particularly attractive for their convenience, facilities, and potential for lucrative profits. In this article, we will delve into the advantages, factors to weigh, and necessary measures to undertake when venturing into the world of Singapore Condo investments.
Hilton, a global hospitality company, has recently opened the Hilton Garden Inn Beihai Jiafu in Beihai, China. This marks the 100th Hilton Garden Inn property in the Greater China region. The hotel, which offers 199 rooms, is conveniently located just 2km from the Beihai High-Speed Railway Station and 6km from the Beihai Fucheng Airport. It is also in close proximity to the Beihai International Passenger Port, only a 20-minute drive away.
According to Qian Jin, president of Hilton Greater China and Mongolia, the opening of the Beihai Jiafu Hilton Garden Inn not only demonstrates the brand’s rapid growth, but also shows the company’s long-term commitment to the Chinese market. Hilton’s first Hilton Garden Inn property in China opened in Shenzhen in 2014 and since then, the brand has expanded to other popular cities such as Shanghai, Beijing, Chengdu, Guilin, and Aksu. More Hilton Garden Inn properties are set to open in China by 2025, including debuts in popular tourist destinations like Zhangjiajie, Ordos, Huangshan, Shanwei, and Jinan.
In an effort to cater to the needs and preferences of the next generation of travelers, Hilton will also be launching Hilton Garden Inn Gen A properties in Greater China. These properties will follow a regional prototype targeted towards “Generation Alpha” travelers. The first locations of these properties will be in Nanjing, Chengdu, Chengde, and Jinan. This expansion plan is in line with Hilton’s goal of doubling its mid-market presence in the Asia Pacific region to over 1,000 hotels, as announced earlier this year.
Clarence Tan, senior vice president of development, Asia Pacific at Hilton, shares that there are currently over 200 Hilton Garden Inn properties in the pipeline for development across the Asia Pacific region. This includes the new Gen A properties and other locations in countries like Australia, Japan, India, and Thailand. With this expansion, Hilton Garden Inn is set to provide even more options for travelers looking for comfortable and affordable accommodations in the region.