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ASCOTT EXPANDS IN JAPAN WITH THE OPENING OF ITS FIRST CITADINES PROPERTY IN OSAKA
Press Release: Accommodation — January 20th, 2020
Citadines Namba Osaka marks Ascott’s partnership with Takashimaya Group.
 
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 IS BIGGEST WINNER AMONG SERVICED RESIDENCE PLAYERS AT 2019 WORLD TRAVEL AWARDS ASIA & OCEANIA
Press Release: Accommodation — October 15th, 2019
Voted ‘Asia’s Leading Serviced Apartment Brand’ for the fourth consecutive year.
 
ASCOTT ACQUIRES S$192-MILLION FREEHOLD PROPERTY IN SYDNEY THROUGH GLOBAL FUND WITH QATAR INVESTMENT AUTHORITY
Press Release: Accommodation — September 27th, 2019
Announces 13 other properties under management and franchise contracts.
 
ASCOTT OPENS SOUTHEAST ASIA’S LARGEST COLIVING PROPERTY LYF FUNAN SINGAPORE
Press Release: Accommodation — September 11th, 2019
Ascott's first lyf property offers a dynamic live-work-play environment with its collaborative spaces, weekly social programmes and the plethora of amenities at its doorstep.
 
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 EXPANDS GLOBAL PRESENCE WITH 26 NEW PROPERTIES ACROSS 11 COUNTRIES
Press Release: Hotels — July 15th, 2019
Steady rise in recurring fee income and enlarged asset size strategically position lodging business as a growing contributor to CapitaLand’s earnings.
 
ASCOTT WINS EUROPE’S LEADING SERVICED APARTMENT BRAND AT WORLD TRAVEL AWARDS 2019 FOR FOURTH YEAR RUNNING
Press Release: Accommodation — June 14th, 2019
Accorded seven accolades including top awards across Belgium, Germany, Spain and Turkey.
 
ASCOTT TRANSFORMS DIGITAL ECOSYSTEM TO SUPPORT RAPID EXPANSION AS GLOBAL LODGING PORTFOLIO GROWS OVER 30% ANNUALLY
Press Release: Hotels — April 23rd, 2019
Debuts Ascott Star Rewards as world’s first serviced residence loyalty programme to offer full flexibility to earn and redeem points.
 
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 REIT ACQUIRES PRIME FREEHOLD LIMITED-SERVICE BUSINESS HOTEL IN SYDNEY AUSTRALIA FOR A$60.6 MILLION
Press Release: Hotels — March 27th, 2019
To be rebranded as Citadines Connect Sydney Airport in May 2019, targeting business travellers who are constantly online and on the go.
 
ASCOTT UNVEILS CITADINES CONNECT BUSINESS HOTELS TO EXPAND SHORT-STAY OFFERINGS
Press Release: Hotels — March 27th, 2019
A sub-brand of the established Citadines serviced residence brand, Citadines Connect business hotels with limited services cater to highly mobile, constantly connected travellers.
 
ASCOTT OPENS PRESTIGIOUS LA CLEF CHAMPS-ELYSéES PARIS AS PART OF THE CREST COLLECTION
Press Release: Hotels — February 7th, 2019
Ascott opens prestigious La Clef Champs-Elysées Paris as part of The Crest Collection.
 
ASCOTT REIT’S 4Q 2018 DISTRIBUTION PER UNIT INCREASES 5% TO 2.15 CENTS
Press Release: Hotels — January 29th, 2019
FY 2018 Unitholders’ distribution of S$154.8 million is record high for third consecutive year.
 
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.
 
ASCOTT REIT DIVESTS ASCOTT RAFFLES PLACE SINGAPORE FOR S$353.3 MILLION
Press Release: Accommodation — January 10th, 2019
Proactive portfolio reconstitution enhances financial flexibility to invest in accretive opportunities.
 
ASCOTT SCALES UP LODGING BUSINESS WITH US$26-MILLION INVESTMENT IN INDONESIA’S LEADING HOTEL OPERATOR TAUZIA
Press Release: Hotels — September 18th, 2018
Set to expand beyond serviced residences and apartments for corporate lease to advance in business hotel segment.
 
ASCOTT VOTED ‘ASIA’S LEADING SERVICED APARTMENT BRAND’ FOR THREE CONSECUTIVE YEARS AT WORLD TRAVEL AWARDS 2018
Press Release: Travel Awards — September 4th, 2018
Ascott’s finest quality wins it the top honour across Asia, Europe and the Middle East.
 
ASCOTT OPENS TWO CITADINES APART’HOTELS IN VIETNAM – THE COUNTRY’S LARGEST SERVICED RESIDENCE IN DANANG AND ITS FIFTH PROPERTY IN HO CHI MINH CITY
Press Release: Accommodation — August 1st, 2018
Citadines Blue Cove Danang overlooking Danang Bay and Citadines Regency Saigon in Ho Chi Minh City’s business district increase Ascott’s operating properties to 12 across five cities in Vietnam.
 
ASCOTT GAINS ACCESS TO 1,600-UNIT PIPELINE IN THE PHILIPPINES THROUGH STRATEGIC ALLIANCE WITH CEBU LANDMASTERS
Press Release: Accommodation — July 26th, 2018
Market leading expertise lauded with Ascott Makati set to receive world’s first serviced residence green certification from International Finance Corporation, a member of the World Bank Group.
 
ASCOTT WINS SIX ACCOLADES AT WORLD TRAVEL AWARDS EUROPE 2018 INCLUDING EUROPE’S LEADING SERVICED APARTMENT BRAND FOR THIRD YEAR RUNNING
Press Release: Travel Awards — July 2nd, 2018
Also crowned Europe’s Leading Serviced Apartments for the second consecutive year.
 
ASCOTT MARKS 20TH YEAR IN CHINA WITH THE OPENING OF NANTONG’S FIRST INTERNATIONAL-CLASS SERVICED RESIDENCE AND ITS FOURTH PROPERTY IN SUZHOU
Press Release: Accommodation — June 21st, 2018
Ascott Harmony City Nantong in the fast-growing Nantong’s financial hub and Somerset Baitang Suzhou in Suzhou Industrial Park increase Ascott’s operating properties to 56 across over 20 cities in China.
 
ASCOTT ACCELERATES GROWTH OF CITADINES IN CHINA THROUGH JV WITH HUAZHU CJIA
Press Release: Accommodation — May 8th, 2018
The Ascott Limited is stepping up the expansion of its Citadines brand in China through a joint venture with one of China’s leading hotel operators Huazhu Hotels Group and Huazhu’s subsidiary and an apartment rental firm, CJIA Apartments Group..
 
ASCOTT WINS MIDDLE EAST’S 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 REIT’S 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 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 ITS FIRST CITADINES APART’HOTEL 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.
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