The Garcha Group will be launching MYPOSHPAD on April 1, touted as Singaporeâ€™s first all-inclusive luxury co-living boutique hotel experience.
Located in central locations, the luxury boutique hotel portfolio of The Garcha Group includes The Vagabond Club, a Tribute Portfolio Hotel; Duxton Reserve, Autograph Collection; Maxwell Reserve, Autograph Collection (opens 4Q2021); and Serangoon House, a Tribute Portfolio Hotel (opens 1Q2022).
The co-living club experience at these properties start from SG$3,600++ per month with a minimum stay of 30 nights. The cost will be significantly less than the daily room rate, and is targeted at both locally-based working professionals and long-term business travellers.
Members can expect five-star rooms and suites, extensive in-house facilities and daily breakfast, laundry and full housekeeping services, property facilities such as the gym and spa, 24/7 concierge as well as memberâ€™s pricing across the groupâ€™s 10 dining spots.
When asked about the prospects for the long-term business traveller market, Harpreet Bedi, CEO of The Garcha Group, told TTGmice: “We have seen a decline in the short-term business traveller market but a steady pick up in the long-term business traveller market. This year, with the introduction of vaccinations and talks of creating travel bubbles, we are hopeful that the travel industry will soon bounce back and adapt to a new normal of travelling.”
As business travellers are seeking more ways to travel affordably, Harpreet foresees “an increase in direct bookings and more attention given to additional add-on perks and value-added services”.
Meanwhile for the local clientele, MYPOSHPAD was positioned to appeal to young Singaporeans who plan to move out of their family homes, and want a long-term stay in the heart of the city without worrying about bonds or deposits.
Harpeet added that the social hours and member-exclusive events would also appeal to this segment.
MYPOSHPAD’s social events include complimentary cocktails at Anouskaâ€™s, exclusive access to private alcohol lockers at The Whiskey Library; weekly movie nights and rooftop yoga classes. All events currently have limited spots, and are offered on a first-come-first-served basis due to the ongoing pandemic.
In addition, MYPOSHPAD also offers complimentary Marriott Bonvoy membership to all of its residents. The loyalty programme allows members to earn and collect points while unlocking the different status tiers. The lifetime elite status allows MYPOSHPAD members to access benefits across Marriottâ€™s collection of brands in 131 countries without an expiration date.