CapitaLand Ascott Trust’s Citadines Karasuma-Gojo Kyoto divested for JPY6.18 billion
CapitaLand Ascott Trust (CLAS) divested Citadines Karasuma-Gojo Kyoto in Japan to an unrelated third party for about JPY6.18 billion.
The Ascott Limited’s Citadines Walker opens with 252 keys in North Sydney
The latest offering from The Ascott Limited Australia, (Ascott Australia) Citadines Walker boasts the highest room count in North Sydney, offering 252 rooms across 19 levels inside the now…
Citadines Metro Central Dubai showcases commitment to sustainability
The Ascott Limited (Ascott), the leading international lodging owner-operator, continues to spearhead innovative sustainability initiatives at its vibrant lifestyle property in the UAE,…
Ascott Limited showcases sustainable commitment at Citadines Metro Central Dubai
Since 2021, Ascott's Citadines Metro Central Dubai has undertaken an impressive commitment to increase sustainable best practices across services including the elimination of 120,000 plastic…
The Ascott Limited unveils Citadines brand refresh
CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott), unveils the refresh of its fastest growing brand, Citadines, with 80 properties under…
Ascott unveils Citadines brand refresh
The Ascott Limited (Ascott), a wholly owned lodging business unit owned by CapitaLand Investment Limited, has today unveiled the refresh of its fastest growing brand, Citadines, with 80…
Furry friends on Citadines on Bourke Melbourne’s mind
Having recently welcomed dogs to a selection of apartments at Somerset on Elizabeth Melbourne, The Ascott is now spreading the hound joy to its sister property, Citadines on Bourke…
CapitaLand Ascott Trust to divest Somerset Olympic Tower Tianjin
CapitaLand Ascott Trust (CLAS) entered into an agreement to divest Somerset Olympic Tower Tianjin in China to an unrelated third party.
CapitaLand Ascott Trust slated to acquire lyf Funan Singapore
CapitaLand Ascott Trust (CLAS) entered an agreement with the Ascott Serviced Residence Global Fund (ASRGF) for the acquisition of lyf Funan Singapore
Ascott’s global loyalty platform ‘Ascott Star Rewards’ achieved record member revenue growth in 2023
The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), marked the 5th year of its global loyalty platform, Ascott Star Rewards (ASR), with…
Ascott accelerates growth of “The Crest Collection” brand
The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment (CLI), is on a strong growth trajectory with The Crest Collection brand.
CapitaLand Ascott Trust completes divestment of four properties in regional France for EUR44.4 million
CapitaLand Ascott Trust (CLAS) has completed the divestment of four mature serviced residences in regional France to an unrelated third party for a total of EUR44.4 million (S$64.7…
Ascott welcomes guests for “Abha Summer Festival”
The Ascott Limited (Ascott) welcomes visitors to Abha to enjoy the Abha Summer Festival, taking place until 24 September 2023.
Ascott focuses on its hotel-in-residence hybrid model
The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment (CLI), announced the refresh of its flagship namesake brand, Ascott.
Ascott to open 70 properties globally in 2023
The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment, has announced that it expects to open 70 properties in key travel destinations across…
Ascott to exceed current target of 160,000 units
The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment Limited (CLI), has achieved its target to secure 160,000 units by 2023, with the signing of over…
Ascott sets sights on coliving sector in Australia as demand for lyf brand gains momentum
The Ascott Limited (Ascott) celebrated the burgeoning footprint of its coliving brand, lyf, at an event held at lyf Collingwood Melbourne on Tuesday, 28 March 2023.
lyf (pronounced…
Singapore’s international visitor arrivals (IVA) reached 6.3 million in 2022
Singapore’s international visitor arrivals (IVA) reached 6.3 million in 2022 (~33 per cent of 2019 IVA), exceeding STB’s forecast of between 4 and 6 million visitors.
Ascott appoints industry veteran Serena Lim As Chief Growth Officer
The Ascott Limited (Ascott) has announced the appointment of hospitality industry veteran Serena Lim as its Chief Growth Officer.
Serena will lead Ascott’s global business development…
Ascott names new Chief Growth Officer
The Ascott Limited (Ascott), a Singapore company that has grown to be one of the leading international lodging owner-operators, with portfolio spanning over 224 cities across 43 countries in…
What’s new: Vietnam’s latest hotel openings and new experiences
Vietnam remains one of the top destinations in the world, with growth rates ranging from 50-75%. Since reopening its borders to foreign travel, Vietnam has welcomed over 954,000…
Ascott acquires first lyf coliving property in Sydney
CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) is acquiring its first lyf-branded coliving property in Sydney, Australia.
Oakwood Hotel & Residence Surabaya gets new GM
Oakwood Hotel & Residence Surabaya in Indonesia has started 2020 with an announcement of its newly appointed general manager, Subendi.
The city of heroes is a familiar place for…
Ascott acquires USD 192 million property in Sydney
CapitaLand’s wholly owned lodging business unit, The Ascott is investing USD 192 million in a freehold serviced residence in the Central Business District of North Sydney through the…
Travel tech this week: Trip.com heads down under and more
This week, we saw new partnerships in travel and Trip.com launching in Australia.
Get connected with Ascott’s tech-driven new brand
The Ascott Limited has announced the launch of a collection of business hotels, specialising in short-stay bookings and providing guests with a “chic living experience in vibrant city…
Ascott makes European debut with first franchise in Amsterdam
Singapore-based lodging company The Ascott Limited has officially expanded into the European region with its first franchise agreement.
The long and the short of it: Ascott’s Brian Tan on the shifting serviced apartment market
A couple of weeks ago TD reported the news that serviced apartment specialists Ascott Limited, had experienced unprecedented growth. I spoke to country general manager for Thailand, Brian…
Ascott achieves “unprecedented growth” with 100,000 units globally
Serviced residence operator The Ascott Limited (Ascott) has secured contracts for another 26 properties, boosting its portfolio to 100,000 units globally.
Ascott offers Hajj specials across its brands in the Middle East
The Ascott Limited has announced special offers for guests, in celebration of the upcoming holy pilgrimage of Hajj.
Ascott targets a total of 7,000 units in Vietnam by 2020
The Ascott Limited has opened Vietnam’s largest serviced residence, Citadines Blue Cove Danang, and its fifth property in Ho Chi Minh City, Citadines Regency Saigon.
Ascott boosts pipeline through alliance in the Philippines
The Ascott Limited has signed an agreement to boost its portfolio in the Philippines by partnering with Cebu Landmasters Inc. to manage 1,600 units by 2022.
Ascott celebrates 20th year in China with new properties
CapitaLand’s The Ascott Limited (Ascott) has opened its first property in Nantong and fourth property in Suzhou, increasing its operating portfolio to more than 33 cities across China.
Ascott makes ‘most significant and game-changing move to date’
Ascott Limited (Ascott) of CapitaLand is accelerating the expansion of its Citadines brand in China through a RMB100 million joint venture with Huazhu Hotels Group and CJIA Apartments Group.
Ascott accelerates portfolio pipeline with new partners in Asia
CapitaLand’s serviced residence business unit, The Ascott Limited (Ascott), is accelerating its expansion in Asia by partnering with developers in China, Japan and Thailand.
Ascott expands in US with another major acquisition
Ascott, the serviced apartment giant operated by Singapore-based CapitaLand, has confirmed its second major acquisition in the space of a month.
The company has agreed to purchase an…
Where to Stay: new hotels from Hyatt, Dusit, Holiday Inn Express, and more
Citadines Bayfront Nha Trang
Location: In a seafront development on Tran Phu Street, in Vietnam's popular resort town
Grade: Upscale serviced residence
Keys: 310 studios and…
Where to Stay: new hotels in Hua Hin, Manila, Mauritius and more
Citadines Millennium Ortigas Manila
Location: In Ortigas Center, one of Metro Manila's main financial districts
Grade: Upscale serviced residence
Keys: 293, ranging from studios to…
雅诗阁在中国迎来100座公寓
据新加坡联合早报报道，凯德集团（CapitaLand）旗下的服务公寓业者雅诗阁（Ascott）取得七项新合约，将在中国六个城市管理超过1300个服务公寓单位，这使得它在中国的服务公寓已冲破100个。
雅诗阁今早表示，这是它首次进入昆明和宜昌，而在重庆、大连、深圳和徐州的业务则进一步加强。…
Ascott passes 100 property milestone in China
Ascott has secured seven new contracts in China, taking its total portfolio in the country to more than 100 properties.
The Singapore-based serviced apartment operator has penned deals…
The latest appointments from AccorHotels, ANA, Dusit and more
PAUL STEVENS has become CEO of Accor Plus, AccorHotels’ reward programme. He joined AccorHotels in 1997, holding several GM positions before leaving in 2004. He then returned as a GM and…
Ascott kicks off 2017 with multi-property deal in China
Ascott, the Singapore-based serviced apartment operator, has started the year strongly by securing contracts for another six properties in China.
The company has expanded its…
