Tags Ascott

Tag: Ascott

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...

CapitaLand’s Ascott gets 70% stake in Indonesia’s Tauzia with US$26m investment

CapitaLand’s wholly owned serviced residence business unit, Ascott, is investing US$26 million for a 70 per cent stake in Green Oak Hotel Management, the...

Ascott seals deal for 1,600 additional units in Philippines

Ascott has entered into an alliance with Philippines' Cebu Landmasters (CLI) to manage 1,600 units in the country by 2022. The two parties have already...

New hotels: Pullman Luang Prabang, Four Seasons Hotel Kuala Lumpur and...

The latest hotel openings and announcements made this week.

Ascott creates Chinese JV to accelerate expansion through ‘manachising’

Ascott is targeting to triple its Citadines room inventory by 2025 through a joint venture with Chinese hotel operator Huazhu Hotels Group and CJIA...

Ascott fast-tracks Asian expansion with deals in China, Japan and Thailand

Ascott is accelerating its expansion in Asia by forging strategic partnerships with developers in China, Japan and Thailand, amid an aggressive expansion expected to...

Tried and Tested

Hot Deals

What to Buy Now