Tag: Serviced Residences
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...
Legal or illegal lodging? The choice is yours, says hospitality chief
As short-term rentals remain in the regulatory grey zone in many parts of Asia, Arthur Kiong, CEO, Far East Hospitality, explains why serviced residences offer an accommodation sweet spot that combines 'living like a local' with comforts usually associated with hotel stay.
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.
Oakwood Premier OUE Singapore now available for daily stays
Oakwood Premier OUE Singapore has launched the Weekend Staycation package following its successful application of a hotel license, which allows the serviced residence to...
Short-stay leisure market opens up for Bangkok’s Thonglor
The serviced residence scene in Bangkok's trendy Thonglor neighbourhood is transforming along with a marked shift away from the traditional Japanese long-stay segment, according...
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...
Preferred focuses on residences as mixed-use developments become popular
Preferred Hotels & Resorts is putting priority on growing its residences collection and sees a huge opportunity in Asia where hotels with a residential...
Indochina is next target for Oakwood’s expansion
Serviced apartment operator Oakwood Worldwide will expand into Indochina as part of its regional growth strategy, with three properties set to open in Cambodia...
