Leadership Change for Frasers Hospitality

. December 16, 2013

December 13, 2013 - Frasers Hospitality, the world leader in premier serviced apartments and hotel residences, has today announced a key addition to its executive team with the appointment of Alan Tang as chief operating officer.

He will be responsible for overseeing commercial operations with a key focus on developing the group's business growth and expansion strategy.

Tang comes to Frasers from GIC Real Estate where he was senior vice president, head of hospitality overseeing multi-billion global hospitality real estate portfolios on investment and asset management.

Over that thirteen-year period he oversaw the notable acquisitions and substantial asset management of global properties across multiple international brands including that of Shangri-La, Westin, Hilton, Marriott, Hyatt, Ascott, Oakwood, Inter- Continental Hotel Group and Accor.

Choe Peng Sum, chief executive officer of Frasers said: “With his extensive knowledge and wealth of experience in the international hospitality industry, Alan will undoubtedly be a strategic asset in driving Frasers' global vision for growth, as a world leader in the serviced residence industry.”

Prior to GIC, Alan was with Raffles Holding with key responsibilities for the European and US markets.

He was also instrumental in leading the valuation of Raffles International Limited (the management company) as part of the restructuring and IPO processes.

Alan started his career in the hospitality industry with the Singapore Tourism Promotion Board where he was the driving force behind STPB's Internet marketing strategy, as well as the successful three-year “Meet In Singapore 1995” global marketing initiative

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