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ASCOTT UNVEILS NEW TARGET TO DOUBLE FEE REVENUE TO OVER S$500 MILLION IN NEXT 5 YEARS
Press Release: Accommodation — April 21st, 2023
New signings of over 4,000 units in 1Q propel Ascott to exceed current target of 160,000 units.

ASCOTT ACQUIRES OAKWOOD WORLDWIDE TO FAST-TRACK GROWTH TO OVER 150,000 UNITS GLOBALLY
Press Release: Accommodation — July 4th, 2022
Acquisition adds to recurring fee income streams and expands lodging offerings to strengthen Ascott’s leading position.

ASCOTT ACHIEVES RECORD GROWTH IN 2021 WITH 15,100 UNITS SIGNED AND HIGHEST-EVER PROPERTY OPENINGS OF OVER 8,200 UNITS
Press Release: Accommodation — January 10th, 2022
Secures 58 new franchise and management contracts to add over 12,500 units across Asia Pacific, Europe, Middle East and Africa. Continues to grow fee income through lodging operations.

ASCOTT TO OPEN 17 LYF PROPERTIES BY 2025 AS DEMAND FOR ITS COLIVING APARTMENTS RISES
Press Release: Accommodation — October 7th, 2021
Expands lyf portfolio to over 3,000 units across 13 cities, including latest openings in Hangzhou and Fukuoka as well as new signings in Bangkok and Paris.

ASCOTT ACHIEVES OVER 40% Y-O-Y UNIT GROWTH GLOBALLY BOOSTED BY RECORD SIGNINGS IN VIETNAM
Press Release: Hotels — July 21st, 2021
Fee income potential continues to grow as global portfolio increases by over 8,300 units across more than 30 properties year to date.

ASCOTT EXCEEDS 2019 RECORD GROWTH TO ADD OVER 14,200 UNITS GLOBALLY IN 2020 DESPITE COVID-19
Press Release: Hotels — January 12th, 2021
Achieves 80% year-on-year growth in China with over 9,400 units secured in the country for 2020.

ASCOTT ACHIEVES RECORD HIGH SIGNINGS OF OVER 5,600 UNITS IN CHINA
Press Release: Accommodation — October 15th, 2020
Signs more than 2,100 units across 12 properties over the last three months in China, while revenue of operating properties in the country reaches close to 95% of pre-COVID-19 levels.

ASCOTT ACHIEVES 139% YOY GROWTH WITH RECORD OVER 5,400 NEW UNITS ADDED GLOBALLY AMID COVID-19 CRISIS
Press Release: Accommodation — June 16th, 2020
25 new properties signed as domestic demand for serviced residences remains resilient while international travel gradually resumes.

8TH EDITION OF GLOBAL SERVICED APARTMENT REPORT OUT NOW LATEST EDITION OF LEADING REFERENCE SECTOR GUIDE SHOWS SECTOR IN GOOD HEALTH
Press Release: Accommodation — March 20th, 2020
LONDON – Growth in supply, broadening distribution channels and brands targeting specific market segments are all covered in the eighth edition of the award-winning Global Serviced Apartments Industry Report (GSAIR), published by The Apartment Service. The new GSAIR estimates that worldwide serviced apartment supply has increased by 14.75% since 2018 to 1,174,012, rising to 1,254,743 including corporate housing units. The number of locations served by serviced apartments globally has increased by 17.5% to 15,464, although the rate of inventory growth has slowed from 23.7% in 2018 vs 2016..

ASCOTT OPENS RECORD 7,500 UNITS AND SIGNS OVER 14,100 UNITS IN 2019 TO BOOST FEE INCOME
Press Release: Accommodation — December 18th, 2019
Secures 25 new franchise and management contracts offering over 3,400 units across Asia Pacific and Africa.

ASCOTT STEPS UP EXPANSION IN SINGAPORE WITH FOUR PROPERTY OPENINGS BY END OF YEAR
Press Release: Hotels — September 4th, 2019
Singapore portfolio to reach over 3,100 units with a record 846 units opening in 2019.

ASCOTT STEPS UP GLOBAL GROWTH WITH 14 NEW PROPERTIES INCLUDING THREE LYF COLIVING PROPERTIES IN CHINA, JAPAN AND MALAYSIA
Press Release: Accommodation — April 9th, 2019
Adds over 2,000 units in Asia, Germany and Saudi Arabia; secures first Ascott The Residence property in Germany to be designed by world-famous architect Ole Scheeren.

ASCOTT CROSSES 100,000 LODGING UNITS GLOBALLY WITH BUMPER SIGNING OF 26 PROPERTIES IN 18 CITIES
Press Release: Accommodation — January 21st, 2019
Achieves consecutive year of record growth with entry into Netherlands.

THE NUMBER OF SERVICED APARTMENTS GLOBALLY REACHES IN EXCESS OF 1 MILLION WORLDWIDE
Press Release: Accommodation — June 26th, 2018
London - 25th June 2018 – The Apartment Service (TAS Global) has published the latest edition of its award-winning Global Serviced Apartments Industry Report (GSAIR), compiled by the Travel Intelligence Network (TIN). GSAIR estimates there are now in excess of 1,022,984 serviced apartments worldwide (with a further 73,563 corporate housing units) in more than 13,164 locations. This compares to 826,759 apartments (with 70,300 corporate housing units) in 10,777 locations two years ago. These figures represent a significant increase in available inventory; 23.7% growth compared to 10.5% growth as published in the 6th edition..

SUMMER AT MILLENNIUM AIRPORT HOTEL DUBAI
Press Release: Hotels — June 19th, 2018
Luxury hotel units at Al Mahra Resort by Cristal can now be purchased in Bitcoin or similar digital currency..

LUXURY HOTEL UNITS AVAILABLE FOR PURCHASE IN BITCOIN AT AL MAHRA RESORT BY CRISTAL IN RAS AL KHAIMAH
Press Release: Hotels — June 19th, 2018
Luxury hotel units at Al Mahra Resort by Cristal can now be purchased in Bitcoin or similar digital currency..

ASCOTT TIES UP WITH LEADING DEVELOPERS IN CHINA, JAPAN AND THAILAND TO BOOST PIPELINE
Press Release: Accommodation — April 9th, 2018
Portfolio expansion gathers momentum with more than 5,000 units added within first quarter of 2018, over 300% increase year-on-year.

ASCOTT TARGETS TO DOUBLE ITS GLOBAL PORTFOLIO TO 160,000 UNITS IN FIVE YEARS
Press Release: Accommodation — January 29th, 2018
Strengthens its leading position in China and Southeast Asia with four properties; forays into new attractive investment destinations Malacca and Davao.

ASCOTT SURPASSES 20,000-UNIT TARGET FOR CHINA WITH 9 NEW MANAGEMENT CONTRACTS
Press Release: Accommodation — January 4th, 2018
On track to achieve global portfolio target of 80,000 units in 2018 – two years ahead of schedule.

ASCOTT CAPS RECORD GROWTH YEAR OF OVER 21,000 NEWLY ADDED UNITS WITH ITS FIRST FORAY INTO AFRICA
Press Release: Accommodation — December 18th, 2017
Secures two properties – Ascott 1 Oxford Street and Kwarleyz Residence – in Ghana’s capital of Accra, one of the top African cities for investment.

THE TAS ALLIANCE CONFIRMS 100% GLOBAL COMPLIANCE WITHIN THE MEMBERSHIP FOR HEALTH, SAFETY, SECURITY AND ENVIRONMENTAL (HSSE) LOCAL REGULATIONS FOR SERVICED APARTMENTS.
Press Release: Accommodation — December 7th, 2017
London – 06 December 2017. The global members of the TAS Alliance at their most recent meeting held today in Chancery Lane, London, confirmed they are the first serviced apartment alliance to successfully achieve 100% of their global membership (representing over 95,000 units) to be fully compliant in their local markets to the required Health, Safety, Security and Environmental (HSSE) recommended regulations for corporate housing and serviced apartments as advised by ASAP and ISAAP..

ASCOTT PROPELS GROWTH OF CITADINES BRAND IN SINGAPORE WITH TWO NEWS PROPERTIES IN RAFFLES PLACE AND ROCHOR PRECINCT
Press Release: Accommodation — October 30th, 2017
Citadines’ portfolio in Singapore more than doubles to over 900 units to become the country’s leading serviced residence brand with the most number of units.

ASCOTT ACQUIRES FREEHOLD HOTEL IN SILICON VALLEY TO BE REBRANDED AS CITADINES CUPERTINO SUNNYVALE
Press Release: Accommodation — October 18th, 2017
Gathers momentum in the U.S. with fourth acquisition in the country within five months; more than triples last year’s portfolio to over 2,900 units.

ASCOTT BECOMES SINGAPORE’S LARGEST SERVICED RESIDENCE OPERATOR WITH S$170 MILLION TO INVEST AND DEVELOP FUNAN’S CO-LIVING COMPONENT
Press Release: Accommodation — August 4th, 2017
Over 20,000 units added to global portfolio year to date, outpacing full year 2016 growth by two-fold.

ASCOTT NOTCHES UP BUSINESS TRANSFORMATION WITH ACQUISITION OF 80% STAKE IN SYNERGY GLOBAL HOUSING IN U.S.
Press Release: Accommodation — July 24th, 2017
Second majority-stake acquisition within a month as Ascott gathers momentum to surpass global portfolio target of 80,000 units well ahead of 2020.

ASCOTT OPENS SEVENTH PROPERTY IN THE PHILIPPINES BRINGS CITADINES TO ANOTHER KEY FINANCIAL DISTRICT IN METRO MANILA
Press Release: Accommodation — July 11th, 2017
To double presence with opening of nine more properties offering over 1,900 units across Metro Manila, Cebu and Iloilo.

ASCOTT ACQUIRES MAJORITY STAKE IN QUEST APARTMENT HOTELS FOR A$180 MILLION TO BECOME LARGEST SERVICED RESIDENCE PROVIDER IN AUSTRALASIA
Press Release: Accommodation — July 5th, 2017
On track to exceed 2020 target of 80,000 units globally as acquisition boosts portfolio by over 11,000 units.

ASCOTT SURPASSES 100TH PROPERTY MILESTONE IN CHINA WITH SEVEN NEW PROPERTIES SECURED ACROSS SIX CITIES
Press Release: Accommodation — June 27th, 2017
On track to exceed its target of 80,000 units globally by 2020.

ASCOTT OPENS CITADINES APART’HOTEL IN ONE OF INDIA’S FASTEST GROWING CITIES
Press Release: Accommodation — June 8th, 2017
Ascott’s presence set to increase to over 1,600 units in one of the world’s top 10 economies.

ASCOTT EXPANDS ITS PRESENCE IN THAILAND WITH NEW PROPERTY OPENING IN EKAMAI – ONE OF BANGKOK’S TRENDIEST DISTRICTS
Press Release: Accommodation — May 29th, 2017
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), continues to expand its presence in Thailand with the opening of its 11th property – Somerset Ekamai Bangkok. The 262-unit property is in Ekamai, one of Bangkok’s most attractive destinations for locals, expatriates and tourists. With Somerset Ekamai Bangkok, Ascott currently has a portfolio of 18 serviced residences with over 3,300 units across three cities – Bangkok, Sri Racha and Pattaya – in Thailand..

ASCOTT TO DEBUT AWARD-WINNING CITADINES BRAND IN UNITED STATES WITH ACQUISITION OF PRIME PROPERTY ON NEW YORK’S FIFTH AVENUE
Press Release: Accommodation — May 5th, 2017
US$50-million investment boosts Ascott’s portfolio in the Americas to over 1,100 units across five properties.

ASCOTT ADVANCES INTO SOUTH AMERICA WITH ITS FIRST TWO FRANCHISE PROPERTIES IN BRAZIL THE REGION'S LARGEST ECONOMY
Press Release: Accommodation — April 4th, 2017
Targets 10,000 serviced residence units in South America in the next five years; sets its sights to expand in Brazil, Argentina, Chile and Mexico.

ASCOTT REDEFINES TRAVEL FOR MILLENNIALS WITH NEW BRAND LYF AND TARGETS 10,000 UNITS BY 2020
Press Release: Accommodation — November 23rd, 2016
Lyf residences, designed for and managed by millennials, to seize opportunities in rising trend of co-living and co-working.

ASCOTT'S EXPANSION HITS HIGH GEAR AS IT CROSSES 50,000 UNITS GLOBALLY
Press Release: Accommodation — November 15th, 2016
Ascott has achieved record breaking 10,000 apartment units this year, bringing the company's portfolio to more than 52,000 units globally..

ASCOTT CHARTS UNPARALLELED GROWTH IN CHINA AS IT ADDS RECORD NUMBER OF OVER 2,800 UNITS IN ITS LARGEST MARKET IN 2016
Press Release: Accommodation — November 10th, 2016
ASCOTT CHARTS UNPARALLELED GROWTH IN CHINA AS IT ADDS RECORD NUMBER OF OVER 2,800 UNITS IN ITS LARGEST MARKET IN 2016.

ASCOTT OPENS FIRST CITADINES SERVICED RESIDENCE IN SEOUL TO CATER TO THE RISE OF INDEPENDENT TRAVELLERS
Press Release: Accommodation — August 5th, 2016
Citadines network more than triples to almost 16,000 units in 64 cities since its acquisition in 2004.

ASCOTT POISED TO OUTPACE 2015 GROWTH AS IT ADDS SEVEN PROPERTIES ACROSS SEVEN CITIES DRIVEN BY STRONG DEMAND IN ASIA
Press Release: Accommodation — June 20th, 2016
Expands portfolio by more than 5,000 units within first six months of 2016, drawing near to full year’s growth of 2015.

HIKE AND STAY THIS SUMMER AT WATERVILLE VALLEY
Press Release: Accommodation — June 9th, 2016
The Black Bear Lodge is an all-suite hotel with 107 units that comfortably sleep four to eight people..

ASCOTT AIMS FOR 5,000 UNITS IN THE MIDDLE EAST BY 2020 AS IT SECURES TWO MORE PROPERTIES IN SAUDI ARABIA
Press Release: Accommodation — April 6th, 2016
Poised to become one of the largest international serviced residence operators in the Middle East as it sets to more than double its network in the region.

ASCOTT TARGETS 2,000 UNITS UNDER ITS NEW TUJIA SOMERSET BRAND IN CHINA
Press Release: Accommodation — March 18th, 2016
Newly unveiled Tujia Somerset brand receives strong support with more than 1,000 units across six properties in China signed up.

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