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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’S LATEST LYF BRAND TRAILBLAZES WITH THREE PROPERTIES IN CHINA AND SINGAPORE
Press Release: Accommodation — June 15th, 2017
Launch of lyf in China to capture booming millennial market and rising co-living trend.
 
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 REIT MAKES THIRD ACCRETIVE ACQUISITION IN MANHATTAN NEW YORK WITHIN TWO YEARS FOR US$106 MILLION
Press Release: Accommodation — May 31st, 2017
Ascott Residence Trust (Ascott Reit) is adding another prime property to its global portfolio by acquiring the 224-unit DoubleTree by Hilton Hotel New York – Times Square South for US$106 million (S$148.4 million ). The freehold property is located in Midtown Manhattan near Times Square, one of the most visited locations in the world, with more than 40 million visitors each year..
 
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 GROWS FOOTPRINT IN INDONESIA WITH THE OPENING OF ITS FIRST PROPERTY IN MAKASSAR
Press Release: Accommodation — April 25th, 2017
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott) has opened its first property in Makassar, the 186-unit Citadines Royal Bay Makassar, which is also Ascott’s eighth operational property in Indonesia. The largest international serviced residence operator in Indonesia has plans to open five more serviced residences from this year to 2019 in Jakarta and new cities such as Bandung and Yogyakarta as well as Karawang regency..
 
ASCOTT OPENS FIRST PROPERTY ON JEJU ISLAND EXPANDS ITS NETWORK IN SOUTH KOREA
Press Release: Accommodation — April 12th, 2017
Somerset Jeju Shinhwa World set within an integrated resort comprising a theme park, gaming facilities, retail outlets and MICE facilities.
 
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 SET TO OPEN JAPAN’S FIRST LUXURY ASCOTT THE RESIDENCE IN THE COUNTRY’S BIGGEST FINANCIAL CENTRE
Press Release: Accommodation — February 28th, 2017
Ascott Marunouchi Tokyo offers world class experience in a prime location with a plethora of shopping, dining and entertainment outlets.
 
ASCOTT UNVEILS 32,000-SQUARE FEET LIVING LAB TO FIELD TEST CO-LIVING CONCEPTS OF LYF
Press Release: Accommodation — February 23rd, 2017
Usage data of lyf@SMU gathered from over 1,200 millennial visitors daily to shape design and offerings of upcoming lyf properties.
 
ASCOTT INKS SIX NEW PROPERTIES IN CHINA
Press Release: Accommodation — January 19th, 2017
Set for boost to fee income with record opening of more than 30 properties globally in 2017.
 
ASCOTT MAKES FIRST FORAY INTO IRELAND WITH ACQUISITION OF PRIME PROPERTY IN DUBLIN FOR EUR55.1 MILLION
Press Release: Accommodation — December 16th, 2016
Ascott's EUR1.2 billion portfolio in Europe to get boost with landmark acquisition in one of the world's most attractive business locations.
 
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 OPENS ASIA’S FIRST UNIQUE LUXURY PROPERTY UNDER THE CREST COLLECTION – METROPOLE BANGKOK
Press Release: Accommodation — November 14th, 2016
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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 CONTINUES WINNING STREAK AS THE BEST IN ASIA WITH TOP HONOURS VOTED BY TRAVELLERS AND INDUSTRY PROFESSIONALS
Press Release: Travel Awards — October 18th, 2016
Heralded as ‘Leading Serviced Apartment Brand’ and ‘Best Serviced Residence Group’ in Asia amongst other highly acclaimed titles.
 
ASCOTT ACCELERATES GROWTH IN THE MIDDLE EAST WITH THREE MORE CONTRACTS AND A NEW PROPERTY OPENING IN SAUDI ARABIA
Press Release: Accommodation — October 17th, 2016
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), continues to extend its footprint in the Middle East to capture a bigger share of the market, by clinching contracts to manage another three properties in Saudi Arabia, including its first in the Islamic holy city of Makkah. The 280-unit Ascott Makkah, 92-unit Ascott Villas Riyadh and 69-unit Spectrums Residence in Jeddah are all slated to open in 2017..
 
ASCOTT WINS BIG AT THE 2016 WORLD TRAVEL AWARDS
Press Release: Accommodation — October 10th, 2016
Amongst Ascott’s three industry accolades is the prestigious ‘Leading Serviced Apartment Brand’ award for the Middle East.
 
ASCOTT THAILAND SUCCESSFULLY REACHES GOAL TO RAISE OVER 100K FUNDS FROM ASCOTT CHARITY RUN 2016
Press Release: Accommodation — October 7th, 2016
CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), with the support of CapitaLand Hope Foundation (CHF), has recently organised its first Ascott Charity Run in Thailand. The objective of this event is to raise funds for over 500 underprivileged students at the Doi Wiangpha Pittaya School – a remote hill-tribe school in Chiang Rai province..
 
ASCOTT EXTENDS LEADING POSITION IN WORLD’S FASTEST GROWING ECONOMY WITH THREE NEW SERVICED RESIDENCES ACROSS INDIA’S HIGH GROWTH CITIES
Press Release: Accommodation — October 6th, 2016
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract with Sandhya Hotels to manage three new serviced residences in India, the world’s third largest economy. Two properties are in the major technology cities of Hyderabad and Bangalore and a third serviced residence is in Sri City, less than an hour’s drive from Chennai..
 
ASCOTT SETS THE BENCHMARK FOR LUXURY LIVING IN THE PHILIPPINES WITH ITS NEWLY RENOVATED ASCOTT MAKATI
Press Release: Hotels — September 26th, 2016
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has unveiled newly renovated apartments and facilities at its premier serviced residence in the Philippines, the Ascott Makati, setting the benchmark for luxury living in the heart of Makati’s Central Business District..
 
ASCOTT CLINCHES SIX AWARDS INCLUDING EUROPE’S LEADING SERVICED APARTMENT BRAND AT THE WORLD TRAVEL AWARDS
Press Release: Travel Awards — September 9th, 2016
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has swept six accolades including Europe’s Leading Serviced Apartment Brand at the World Travel Awards Europe 2016. Established since 1993, the World Travel Awards is considered to be the Oscars of the travel industry, acknowledging and celebrating excellence across all tourism sectors. Winners are voted by travellers and travel professionals worldwide..
 
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 MARKS ITS 10TH ANNIVERSARY IN HONG KONG WITH THE OPENING OF CITADINES HARBOURVIEW AND THE NEWLY-REBRANDED CITADINES MERCER
Press Release: Hotels — August 2nd, 2016
The Ascott Limited has unveiled two Citadines properties in Hong Kong.
 
ASCOTT’S STRATEGIC PARTNERSHIP WITH QUEST FORGES AHEAD WITH MAIDEN ACQUISITION OF PRIME AUSTRALIAN PROPERTY
Press Release: Accommodation — July 12th, 2016
221-unit property in Docklands, Melbourne is Ascott’s fourth acquisition in partnership with Qatar Investment Authority within seven months.
 
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.
 
 
THE TAS ALLIANCE CONFIRMS ASCOTT AS THEIR LATEST INTERNATIONAL PARTNER
Press Release: Accommodation — June 6th, 2016
London | Singapore June 2016 The TAS Alliance powered by The Apartment Service, is delighted to confirm that Ascott is the latest serviced residence company to join the growing global membership of The TAS Alliance - now in its third year. Ascott is the world's largest international serviced residence owner-operator and its portfolio spans more than 100 cities across 27 countries..
 
 
ASCOTT TO INVEST GBP52 MILLION IN PRIME LONDON PROPERTY
Press Release: Accommodation — April 28th, 2016
Citadines Islington London is its third acquisition within five months through joint fund with Qatar Investment Authority.
 
THE ASCOTT LIMITED UNVEILS THE CREST COLLECTION
Press Release: Accommodation — April 13th, 2016
Each with a distinctive character which epitomises European elegance and grandeur, The Crest Collection debuts with four properties in Paris and Bangkok, to offer travellers extraordinary experiences with a sense of home.
 
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.
 
ASCOTT SCORES PRIME PROPERTY IN ONE-NORTH TO BOLSTER SINGAPORE AS ONE OF ITS KEY FOCUS MARKETS
Press Release: Accommodation — March 7th, 2016
Citadines Fusionopolis in Singapore’s R&D hub has a ready catchment area encompassing more than 400 companies.
 
ASCOTT FAST-TRACKS CHINA EXPANSION THROUGH STRATEGIC ALLIANCE WITH THE COUNTRY’S LARGEST CONSTRUCTION FIRM
Press Release: Accommodation — February 22nd, 2016
Set to widen leadership position in China after recording expansive growth of 14 properties and over 2,500 units in 2015.
 
ASCOTT BOOSTS LEAD WITH SEVEN NEW CONTRACTS AND AN OPENING
Press Release: Accommodation — February 4th, 2016
Expands global footprint to secondary cities of Bandung, Penang, Shah Alam and Nha Trang to cater to strong demand.
 
ASCOTT’S GLOBAL FUND WITH QATAR INVESTS USD137 MILLION IN NEW PARIS, TOKYO ASSETS
Press Release: Hotels — November 9th, 2015
Strengthens portfolio with Citadines Suites Champs-Élysées Paris – former private residence of Hennessy family and Somerset Shinagawa Tokyo located near to the city’s transportation hub.
 
ASCOTT BOLSTERS EXPANSION WITH FOUR NEW CONTRACTS IN TOP-TIER CITIES OF CHINA
Press Release: Hotels — November 2nd, 2015
583 more units in Beijing, Shanghai and Dalian to strengthen its extensive network and leading presence in China.
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