Reading Time: 2 minutes Singapore: CapitaLand Ascott Trust (CLAS) has sold the Citadines Mount Sophia Singapore to Hong Kong-based owner-operator Weave Living and US-based asset manager BlackRock.
Reading Time: 2 minutes Singapore: The Ascott Limited (Ascott), a lodging business unit owned by CapitaLand Investment (CLI) and CapitaLand Wellness Fund (C-WELL), have jointly acquired a freehold property in Singapore to be relaunched under the lyf brand.
Reading Time: < 1 minute Singapore: National development minister Desmond Lee has revealed that the country will pilot a new class of serviced apartments with a three-month minimum stay to meet rental demand.
Reading Time: < 1 minute Singapore: Serviced apartment operator Frasers Hospitality has expanded its portfolio of historic properties to six with the opening of Fraser Residence River Promenade, Singapore.
Reading Time: 2 minutes Singapore: Serviced apartment and hotel operator The Ascott Limited has signed a memorandum of understand with the Global Sustainable Tourism Council to provide international accreditation for hospitality leaders in Singapore.
Reading Time: < 1 minute USA: Singapore-based select-service trust ARA US Hospitality Trust has acquired the Home2 Suites by Hilton in Colorado Springs from Chartwell Hospitality for £29 million.
Reading Time: < 1 minute SINGAPORE: Ascott has opened its Citadines Connect City Centre Singapore, the first of the sub-brand in the country.
Reading Time: < 1 minute SINGAPORE: Ascott has opened its Citadines Raffles Place in Singapore with 299 apartments.
Reading Time: < 1 minute Singapore: The freehold of Oakwood Studios Singapore, a block of 98 units located at 18 Mount Elizabeth, has been put up for sale with a guide price of S$170 million (£105 million).
Reading Time: 2 minutes SINGAPORE: Aparthotel concept Dao by Doresett, by Dorsett Hospitality International, has opened in Singapore, marking the brand’s first foray into Asia.