Apr 03, 2013 14:57 SGT Meritus Hotels and Resorts Asian hospitality chain Meritus Hotels & Resorts (MHR) has signed a Memorandum of Agreement with Funtasy Island Development (FID) Pte Ltd for the management of a deluxe resort development comprising a 200-room condotel, a 230-suite hotel, and an aggregate of 413-unit villas on Funtasy Island – envisioned to be the largest eco theme park and the first gated island community in the world.








