Ascendas Hospitality Trust to buy Park Hotel Clarke Quay for S$300m

Park Hotel Group has agreed to sell Park Hotel Clarke Quay to Ascendas Hospitality Trust for S$300 million.

The hotel is located in the Clarke Quay area, started operations in 2009.

The hotel has 336 guest rooms and suites.

Source : Channel NewsAsia – 8 Apr 2013