M&L Hospitality >
Media Room

Media Contact

For all media enquiries,
please contact our Sydney Office.
E info@mandlinvestments.com.sg

Acquisition of Ibis Novena – May 2011

M&L Hospitality is pleased to announce its latest hotel acquisition of Ibis Novena in Novena, Singapore.

Ibis Novena is located in the modern medical hub of Novena and is close to a cluster of hospitals and medical centres such as Tan Tock Seng Hospital, Ren Ci Community Hospital, Thomson Medical Centre, Novena Medical Centre and Johns Hopkins Singapore International Medical Centre. The hotel is also close to Singapore’s CBD and the main tourist retail stretch of Orchard Road.

“Singapore is rapidly emerging as a leading Asian medical tourism hub offering a wide spectrum of internationally accredited healthcare services encompassing every major field of medicine.” commented Mr Neil Maxwell, M&L Hospitality’s Chief Investment Officer “Ibis Novena’s location, close to the modern medical hub, along with its impressive occupancy rate, make it a fantastic addition to M&L’s growing portfolio.”

As the second internationally branded budget hotel in Singapore, Ibis Novena has 241 rooms with timber floors, complimentary Wi-Fi Internet access, in-room safes, restaurant, bar and ample parking.

The hotel is within walking distance to Novena MRT station, most hospital and medical centres and shopping malls such as United Square, Velocity and Square2 Malls.