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ASCOTT OFFERS 'WORK IN RESIDENCE' AND 'SPACE-AS-A-SERVICE'
Press Release: Accommodation — August 13th, 2020
Optimises the use of space in its properties to extend service offerings and strengthen Ascott’s dominant lodging position in the new normal.
 
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.
 
ASCOTT STAR REWARDS OFFER MEMBERS GREATER FLEXIBILITY
Press Release: Accommodation — April 30th, 2020
Membership triples as Ascott’s loyalty programme turns one.
 
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 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 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 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.
 
SWISS-BELHOTEL INTERNATIONAL MAKES TRAVEL MORE REWARDING FOR SINGAPORE AIRLINESKRISFLYER MEMBERS
Press Release: Hotels — March 22nd, 2018
Swiss-Belhotel International, the award-winning global hotel chain and hospitality management group, will offer Singapore Airlines KrisFlyer miles to members who stay at the brand’s hotels, resorts and serviced residences around the world..
 
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 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 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..
 
THE QUINCY HOTEL WINS BEST HOTEL EXPERIENCE AWARD AT THE SINGAPORE TOURISM AWARDS 2017
Press Release: Hotels — May 16th, 2017
Far East Hospitality, the hospitality management arm of the listed Far East Orchard Limited, and Singapore’s leading operator of hotels and serviced residences, today announced that the Quincy Hotel has been recognised for providing the Best Hotel Experience at the Singapore Tourism Awards 2017. This is the first time that a local boutique hotel has won the award since the category was introduced in 2010..
 
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 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’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.
 
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 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’S 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 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'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 OPENS THREE NEW SERVICED RESIDENCES IN HANGZHOU, HAMBURG AND JAKARTA
Press Release: Hotels — October 15th, 2014
Secures second Ascott-branded property in Dubai.
 
FRASERS HOSPITALITY PTE LTD BAGS FIVE MORE WORLD TRAVEL AWARDS
Press Release: Accommodation — November 6th, 2013
A world leader in premium serviced apartments and hotel residences, Frasers Hospitality Pte Ltd (Frasers), has been conferred five prestigious awards by the World Travel Awards at the Asia & Australasia Gala Ceremony held in Dubai recently.
 
FRASERS HOSPITALITY PTE LTD VOTED BEST SERVICED RESIDENCE OPERATOR AT THE 24TH ANNUAL TTG TRAVEL AWARDS 2013
Press Release: Hotels — October 8th, 2013
Recognition for Commitment to Excellence in Product and Service Offerings.
 
FRASERS HOSPITALITY PTE LTD’S HOLIDAY EXTRAVAGANZA IS BACK WITH BETTER DEALS
Press Release: Accommodation — September 2nd, 2013
Leisure travellers will be able to enjoy the luxury of space, spectacular locations, and the comfort and convenience of Frasers Hospitality Pte Ltd’s (Frasers) serviced apartments and hotel residences across more than 20 destinations worldwide with the Holiday Extravaganza 2013..
 
ASCOTT ENTERS WUXI IN CHINA WITH TWO SERVICED RESIDENCES
Press Release: Hotels — May 30th, 2013
The Ascott Limited is the world’s largest international serviced residence owner-operator with over 22,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region..
 
ASCOTT RAISES 250,000 BAHT FOR THAI RED CROSS CHILDREN’S HOME
Press Release: Hotels — April 30th, 2013
Supports educational, healthcare and developmental needs of underprivileged children for second consecutive year.
 
ASCOTT OFFERS FREE INTERNET GLOBALLY
Press Release: Hotels — April 30th, 2013
Wins Gold and Bronze awards for Best Mobile Site and Best User Experience respectively at inaugural Mob-Ex Awards.
 
ASCOTT WINS GOLDEN DRAGON AWARD FOR BEST SERVICED RESIDENCE
Press Release: Hotels — March 29th, 2013
The Ascott Limited is the world’s largest international serviced residence owner-operator with over 22,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region..
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