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ASCOTT WINS MIDDLE EASTS LEADING SERVICED APARTMENT BRAND AT WORLD TRAVEL AWARDS 2018 FOR THE THIRD CONSECUTIVE YEAR
Press Release: Accommodation — April 20th, 2018
Ascott was the biggest winner at World Travel Awards Middle East Gala Ceremony 2018.
 
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.
 
ASCOTT EXPANDS IN CHINA WITH THE OPENING OF ITS THIRD PROPERTY IN SHENZHEN - ONE OF THE WORLD'S TOP INNOVATION HUBS
Press Release: Accommodation — November 20th, 2017
Ascott Raffles City Shenzhen is part of CapitaLand’s flagship integrated development Raffles City where guests can live, work and play.
 
ASCOTT OPENS ITS FIRST SERVICED RESIDENCE IN CAMBODIA
Press Release: Accommodation — November 7th, 2017
CASA Meridian Residence is the first international-class serviced residence in the capital and economic hub Phnom Penh.
 
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 REITS UNITHOLDERS DISTRIBUTION INCREASES 7% TO S$108.3 MILLION FOR YEAR-TO-DATE SEPTEMBER 2017
Press Release: Accommodation — October 23rd, 2017
Strong operating performance with double-digit growth in RevPAU in Belgium and the Philippines.
 
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 IS RECOGNISED AS THE BEST SERVICED RESIDENCE BRAND AND CORPORATE HOUSING PROVIDER BY BUSINESS TRAVELLERS WORLDWIDE
Press Release: Accommodation — September 12th, 2017
Garners over 100 accolades year to date, exceeding that for full year 2016.
 
ASCOTT BECOMES SINGAPORES LARGEST SERVICED RESIDENCE OPERATOR WITH S$170 MILLION TO INVEST AND DEVELOP FUNANS 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 ITS FIRST CITADINES APARTHOTEL IN VIETNAM
Press Release: Accommodation — July 17th, 2017
Citadines Bayfront Nha Trang marks the entry of Ascott’s fastest growing brand and the only international-class serviced residence in the city.
 
ASCOTT'S CEO LEE CHEE KOON RECEIVES BUSINESS CHINA YOUNG ACHIEVER AWARD FOR ASCOTT'S CONTRIBUTIONS TO SINGAPORE-CHINA RELATIONS
Press Release: Events — July 14th, 2017
Speech by Mr Lee Chee Koon Chief Executive Officer of the Ascott Limited at the Presentation Ceremony of Business China Awards 2017 by Singapore's Prime Minister Lee Hsien Loong on Friday, 14 July 2017 at 7pm.
 
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.
 
ASCOTTS 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 APARTHOTEL IN ONE OF INDIAS 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 BANGKOKS 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 YORKS 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 JAPANS FIRST LUXURY ASCOTT THE RESIDENCE IN THE COUNTRYS 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 ASIAS 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 WORLDS FASTEST GROWING ECONOMY WITH THREE NEW SERVICED RESIDENCES ACROSS INDIAS 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..
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