Tag: Ascott
Ascott acquires US$139 million freehold serviced residence in Sydney
The Ascott, CapitaLand’s wholly-owned lodging business unit, has acquired a S$192 million (US$139 million) freehold serviced residence in North Sydney through its global fund...
Ascott broadens Singapore footprint with four openings this year, including two...
The Ascott expects to cement its position as "the largest serviced residence operator in Singapore" as it launches a record four openings in the...
Ascott continues expansion spree with another 26 properties
CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has signed 26 properties, set to add over 6,000 units across 22 cities in...
Ascott launches serviced residence loyalty programme
The Ascott has launched Ascott Star Rewards, said to be the world’s first loyalty programme in the serviced residence industry.
Members will enjoy a range...
Making room for all
Serviced residences are no longer exclusively targeting the extended stay market, as the sector responds to shifts in market demand for shorter stays and smaller units.
Rising start-up culture drives Ascott’s lyf into more Asian cities
The Ascott's co-living lyf brand is gaining traction in Asia, making up a trio of signings among the hospitality company's new 14 contracts clinched...
Letting go to let it grow
Rather than owning 100 per cent of his “beloved baby”, Marc Steinmeyer, CEO of The Green Oak Hotel Management, the holding company of Tauzia Hotels, tells why he’s willing to cede a 70 per cent stake to Ascott to achieve his vision of growing the business beyond Indonesia
Ascott expands short-stay offerings with Citadines Connect sub-brand
The Ascott has launched Citadines Connect, a line of business hotels with selected services, in a bid to widen its short-stay offerings.
After Tauzia, Ascott partners developer Ciputra in Indonesia
Ascott has formed a strategic alliance with Ciputra Development Group, one of Indonesia’s top property developers, to manage serviced residences in Indonesia and China...
Ascott Reit secures first co-living development in Singapore innovation hub
Singapore's Ascott Residence Trust (Ascott Reit) has acquired a prime greenfield site for S$62.4 million (US$45.6 million) for its maiden development project.
The property is...
