Ong Beng Seng

Founder, Hotel Properties

 

Property magnate with a chain of hotels stretching from Canada to Australia
SINGAPORE - SEPTEMBER 19:  (L-R) Ron Walker the Chairman of the Grand Prix Corporation, Mark Webber of Australia and Infiniti Red Bull Racing, Ong Beng Seng of Singapore GP pte.ltd  and Daniel Ricciardo of Australia and Scuderia Toro Rosso pose for a photo in the pit lane during previews for the Singapore Formula One Grand Prix at Marina Bay Street Circuit on September 19, 2013 in Singapore, Singapore.  (Photo by Mark Thompson/Getty Images)

Founder of public-listed Hotel Properties, Ong Beng Seng is a fixture in Singapore’s business scene, having long been involved in hotel investment and management, property development and retail.

The Malaysian tycoon started Hotel Properties in 1980 as a private limited company to acquire the Hilton Singapore for SG$72 million. The group steadily purchased hotels and properties at prime locations such as Orchard Road, and started to expand to countries such as the UK, Australia, Canada and the southern United States.

With his wife Christina, Ong ventured into fashion in the 1990s. They launched the Club 21 chain, which dealt in brands such as Armani and DKNY. Ong and his wife also own a 56 per cent stake in British leather-goods company Mulberry.

Among other projects, Hotel Properties is currently planning the mixed-use One Dojima Project in Osaka, Japan, a skyscraper set to include a new Four Seasons hotel. The high-rise tower will also feature condo residences by Brillia, which will act as a base for tourism and business. As part of the Cuscaden Peak consortium, Hotel Properties also acquired local media giant Singapore Press Holdings in 2022.

Impacted Industries


Awards


1991

Businessman of the Year (The Business Times)

Did You Know?


Ong Beng Seng played a key role in bringing the Formula 1 night race to Singapore.