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ASCOTT CLINCHES SIX AWARDS INCLUDING EUROPES 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.
 
ASCOTTS 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 COUNTRYS 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.
 
ASCOTTS 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.
 
ACQUISITIONS LIFT ASCOTT REITS 3Q 2015 REVENUE BY 21% TO S$113.2 MILLION
Press Release: Accommodation — October 29th, 2015
RevPAU climbs 10% due to stronger operating performance.
 
ASCOTT STRENGTHENS MARKET LEADERSHIP IN SOUTHEAST ASIA WITH DEBUT IN CAMBODIA
Press Release: Hotels — October 23rd, 2015
Somerset Norodom to open in the capital of Phnom Penh in 2018 as the first international serviced residence in the country.
 
ASCOTT CONTINUES GROWTH MOMENTUM WITH FOUR NEW CONTRACTS
Press Release: Accommodation — September 2nd, 2015
Fast expansion pace sees another 850 units added to its portfolio in the month of August.
 
ASCOTT REIT FORAYS INTO THE U.S WITH ACQUISITION OF PRIME NY PROPERTY
Press Release: Hotels — July 2nd, 2015
Ascott Residence Trust is expanding its footprint to the United States of America by acquiring the 411-key Element New York Times Square West hotel located in Midtown Manhattan for USD163.5 million (approximately S$220.7 million). The accretive acquisition at an EBITDA yield of 6.2% is expected to increase Ascott Reit’s distribution income in FY 2014 by USD0.8 million, translating to a rise in distribution per unit from 8.44 cents2 to 8.51 cents on a pro forma basis. This acquisition comes hot on the heels of Ascott Reit’s purchase of three quality serviced residences and four rental housing properties in Australia and Japan..
 
ASCOTT ACHIEVES GLOBAL TARGET OF 40,000 UNITS THROUGH AGGRESSIVE EXPANSION
Press Release: Hotels — June 4th, 2015
Embarks on most expansive growth with 18 properties added into global portfolio in the last five months.
 
ASCOTT TARGETS 10,000 UNITS IN EUROPE BY 2020
Press Release: Accommodation — May 18th, 2015
Ascott reaffirms commitment to Europe market during the visit by President of the Republic of Singapore Dr Tony Tan Keng Yam to Citadines Suites Arc de Triomphe Paris.
 
ASCOTTS NEXT-GENERATION SERVICED RESIDENCES EMBRACE INTERNET OF THINGS TECHNOLOGY TO OFFER GUESTS SMART LIVING EXPERIENCE
Press Release: Technology — April 15th, 2015
Aims to roll out smart home technologies to Ascott’s serviced residences across over 20 countries globally from 2016 onwards.
 
ASCOTT PROPELS GROWTH OF CITADINES BRAND WITH DEBUT IN VIETNAM, SABAH AND UAE
Press Release: Accommodation — April 13th, 2015
First Citadines Apart'hotels in Vietnam, Sabah and the UAE.
 
ASCOTT GUESTS TO ENJOY BESPOKE EXPERIENCES THROUGH SPECIALLY CURATED ASCOTT LIFESTYLE PROGRAMME
Press Release: Vacations — March 31st, 2015
Ascott’s properties worldwide provide a selection of cultural, gastronomical, local and wellness experiences that are tailored to guests’ lifestyles.
 
ASCOTT STEPS UP PRESENCE IN ISKANDAR MALAYSIA
Press Release: Accommodation — March 10th, 2015
GM attributes success to a rebounding US economy, the increase in flight availabilityto the island and the resort's US$2.8 million renovation.
 
ASCOTT DEBUTS LUXURIOUS CITADINES SUITES ARC DE TRIOMPHE PARIS AFTER 26MILLION FACELIFT
Press Release: Accommodation — February 9th, 2015
19th century Haussmannian apartment building integrates with postmodernist hotel to offer expansive interior and flawless architectural lines.
 
ASCOTT'S FIRST FORAY INTO ISTANBUL
Press Release: Accommodation — January 30th, 2015
Somerset Maslak Istanbul to open in financial and cultural centre of Turkey.
 
ASCOTT'S GROWTH IN CHINA GAINS MOMENTUM
Press Release: Accommodation — January 26th, 2015
Extends lead in China with more than 12,900 units in over 70 properties.
 
ASCOTT OPENS ITS FIRST PROPERTIES IN CYBERJAYA, SRI RACHA AND HAI PHONG
Press Release: Accommodation — January 15th, 2015
Ascott strengthens global leadership with opening of its first properties in Cyberjaya, Sri Racha and Hai Phong.
 
ASCOTT CAPS 30TH ANNIVERSARY WITH CONTINUED STRONG GROWTH
Press Release: Hotels — December 4th, 2014
Acquires prime property in Jakarta for S$90 million and extends premier Ascott The Residence brand to Vietnam.
 
ASCOTT TO LAUNCH ITS FIRST CITADINES APARTHOTEL IN SOUTH KOREA
Press Release: Accommodation — November 20th, 2014
Citadines Haeundae Busan will be Ascott’s first property in Busan and its largest property globally.
 
ASCOTT ADDS FIVE MORE PROPERTIES AND CROSSES MILESTONE OF 12,000 APARTMENT UNITS IN CHINA
Press Release: Accommodation — November 10th, 2014
Enters high-growth Chinese cities of Yinchuan and Changsha.
 
ASCOTT INKS AUD500 MILLION STRATEGIC PARTNERSHIP WITH QUEST IN AUSTRALIA
Press Release: Travel PR — October 23rd, 2014
Ascott acquires a 20% stake in Quest for AUD28.8 million.
 
ASCOTT OPENS THREE NEW SERVICED RESIDENCES IN HANGZHOU, HAMBURG AND JAKARTA
Press Release: Hotels — October 15th, 2014
Secures second Ascott-branded property in Dubai.
 
ASCOTT TO LAUNCH ITS FIRST SOMERSET SERVICED RESIDENCE IN GURGAON
Press Release: Accommodation — August 28th, 2014
CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract to manage its first Somerset-branded serviced residence in Gurgaon. Slated to open by 2019, the 174-unit Somerset Diplomatic Greens Gurgaon is Ascott’s second serviced residence in the city, after Ascott Ireo City Gurgaon which is scheduled to open in 2017..
 
ASCOTT BOLSTERS PRESENCE IN SAUDI ARABIA WITH TWO MORE PROPERTIES IN JEDDAH
Press Release: Accommodation — July 8th, 2014
Ascott bolsters presence in saudi arabia with two more properties in jeddah.
 
ASCOTT CROSSES MILESTONE OF 35,000 APARTMENT UNITS GLOBALLY
Press Release: Hotels — June 23rd, 2014
Ascott Crosses Milestone Of 35,000 Apartment Units Globally.
 
ASCOTT ACQUIRES PRIME SERVICED RESIDENCE IN HONG KONG FOR HK$545 MILLION SERVICED RESIDENCE WILL BE REBRANDED AS CITADINES MERCER HONG KONG IN THE THIRD QUARTER OF 2014
Press Release: Accommodation — April 29th, 2014
The Ascott Limited is a Singapore company that has grown to be the world's largest international serviced residence owner-operator. It has over 23,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 10,000 units which are under development, making a total of more than 34,000 units in over 200 properties..
 
ASCOTT CELEBRATES 30 YEARS OF HOSPITALITY EXCELLENCE
Press Release: Travel PR — April 1st, 2014
The Ascott Limited is a Singapore company that has grown to be the world's largest international serviced residence owner-operator. It has over 23,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 10,000 units which are under development, making a total of about 34,000 units in over 200 properties..
 
ASCOTT AND CAPITALAND HOPE FOUNDATION DONATE PHP1.87 MILLION TO WORLD VISIONS TYPHOON YOLANDA RELIEF AND REHABILITATION OPERATIONS
Press Release: Hotels — March 1st, 2014
The Ascott Limited is a Singapore company that has grown to be the world's largest international serviced residence owner-operator. It has about 23,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 10,000 units which are under development, making a total of more than 33,000 units in over 200 properties..
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