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Business : Ascott, Coronade Properties Ink Hotel Management Agreement For Coronation Square
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Singapore-based The Ascott Ltd will manage the hotel within Johor Bahru's Coronation Square development, following an appointment by Coronade Properties Sdn Bhd. This expands Ascott's Malaysian portfolio, adding to their existing 30 properties. The Coronation Square hotel, slated to open in 2026, will offer 310 units, boosting Ascott's total Malaysian unit count to over 6,600.
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