FY22 Financial Highlights
Proactive management of hospitality portfolio
Cost containment measures continue to guide operations amid prevailing macro headwinds
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Driving occupancies while managing manpower constraints
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Marketing strategies activated for business travel as global travel recovers
Brand direct initiatives intensified resulting in increased brand website bookings
Leveraging technology to adapt service delivery in Europe to mitigate the impact of
service staff shortages exacerbated by rising occupancies
Adding properties in key locations to build portfolio resilience
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Opened five properties in FY22 - Modena by Fraser Nanjing, Capri by Fraser Bukit
Bintang, Fraser Residence Hanoi, the new wing of Fraser Suites Hanoi; re-entry into
Hong Kong in January 2022 with the opening of Modena by Fraser Hong Kong
Resumption of pre-opening activities for properties in China
Macro Drivers and Industry Trends
First entry into Phnom Penh, Cambodia with the signing of three new properties
Pre-opening of first property in Cambodia - Capri by Fraser, Phnom Penh,
underway with planned opening in 1Q 2023
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Lack of clarity on China's re-opening policy
continues to inhibit inbound travel
Recovery in corporate travel reflected in rising
demand for accommodation in key business
cities
Potential headwinds resulting from the war in
Ukraine
Return of global events and MICE provide uplift
for occupancies and rates
Units by Geography2
North Asia
30 Sep 22 30 Sep 213
Change
4,224
3,968
▲ 6.5%
S$4.1 b
Asia Pacific ex North Asia
6,067
6,202
2.2%
AUM1
Europe, Middle East, and Africa
6,030
6,009
0.3%
TOTAL
16,321
16,179
0.9%
1. Comprises property assets in which the Group has an interest, including assets held by FHT. 2. Includes owned and/or managed units in operation. 3. ANA Crowne Plaza Kobe was reclassified from Asia Pacific ex North Asia to North Asia.
We are Frasers Property
Fraser Suites Hanoi
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