InterContinental Singapore in Bugis set to rebrand under new operator

The InterContinental Singapore is set to rebrand under a new operator from 2026.

According to Business Times (BT), the announcement comes as Frasers Hospitality Trust (FHT), which owns the asset, prepares to delist from the Singapore Exchange in October.

At an investors' meeting a month ago, Frasers' management had highlighted weaker performance among "upper-class hotels in Singapore", including InterContinental Singapore.

The hotel is set to leave IHG chain on Dec. 31

InterContinental Hotels Group (IHG) told BT on Monday (Sep. 15) that the hotel will be exiting the IHG chain on Dec. 31 this year, "as the hotel management agreement comes to an end".

In a joint statement by Frasers Hospitality and FHT, it was announced that InterContinental Singapore will continue to be a "key asset" of Frasers Hospitality and that changing operators is simply part of its strategy to keep its assets competitive.

According to BT, earlier this year, Frasers was looking for someone to take over the hotel's operations. Industry sources suggest that Marriott International may be in the running to take over, though nothing has been confirmed.

According to travel loyalty programme website LoyaltyLobby, IHG had notified hotel guests and loyalty members via email that the property would be leaving the IHG chain, but added that bookings made for January 2026 would still be honoured.

FHT, which owns InterContinental Singapore, will be delisted on Oct. 6.

According to BT, FHT reported a 5.6 per cent drop in revenue per room at its Singapore hotels compared to last year. InterContinental Singapore was valued at about S$519 million as of April 2025, while FHT's other local property, Frasers Suites Singapore in River Valley, continues to operate as a serviced apartment.

FHT owns eight hotels and six serviced residences across countries such as Australia, Japan, Germany, Malaysia, the UK, and Singapore. Still, overall earnings have slipped, with distributions to investors falling by 6 per cent in the first half of the financial year due to weaker income and higher borrowing costs.

InterContinental Singapore first opened in 1995

InterContinental Singapore first opened in 1995.

BT reported that the hotel was later sold to Pacific Coast Assets for around S$196 million in 2006.

Pacific Coast Assets is a company owned by Frasers Property's chairman emeritus, Charoen Sirivadhanabhakdi.

In 2014, both InterContinental Singapore and Frasers Suites Singapore were added to the portfolio of assets that later became FHT.

With InterContinental Singapore leaving the IHG chain, IHG will be left with only one InterContinental property in Singapore, located at Robertson Quay.

With that being said, IHG told BT that it remains committed to Singapore, where it currently manages 13 hotels across six brands, with new openings planned, such as Hotel Indigo Changi Airport.

Mothership has reached out to IHG for comment.

Top photo via Kong Koh/Google Maps