Frasers Hospitality opens Capri-branded hotel residence in Berlin
By Angela Teo
/ The Edge Property |
Frasers Hospitality, a subsidiary of Frasers Centrepoint, has announced plans to expand the reach of the Capri by Fraser brand to 19 properties in 16 cities, or 4,000 keys worldwide, by 2021.
On June 12, the group opened hotel residence Capri by Fraser Berlin (below), its second property under the Capri by Fraser brand, in Germany, and its seventh globally. Frasers Hospitality opened its first Capri-branded property in Germany, Capri by Fraser Frankfurt, in 2015.
Like other properties under the brand, Capri by Fraser Berlin, which houses 143 studio and one-bedroom serviced apartments, is targeted at millennial travellers. Located in Berlin’s historic centre, Scharrenstraße, the property is a short walk from attractions such as the Altes Museum and Neues Museum on Museum Island. The property is also a four-minute walk from the nearest underground station and 10 minutes from the Ostbahnhof train station.
Source: Frasers Hospitality
Frasers Hospitality CEO Choe Peng Sum says there are 12 new Capri-branded properties in the pipeline. Some of these will be located in cities that are new to the Capri by Fraser brand, such as Leipzig in Germany and Shenzhen and Wuhan in China. Frasers Hospitality is also looking to grow the brand by adding new Capri-branded properties in “key gateway cities” such as Singapore and Kuala Lumpur. The next Capri by Fraser property is set to open this year on Jalan Imbi, Kuala Lumpur.
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