Industry News
Citadines Mount Sophia Singapore sold to JV
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.
Industry News
lyf Bugis Singapore set to be unveiled mid-2024
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.
Industry News
Singapore to pilot long-stay class of serviced apartments
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.
Industry News
Fraser Residence River Promenade opens in Singapore
Singapore: Serviced apartment operator Frasers Hospitality has expanded its portfolio of historic properties to six with the opening of Fraser Residence River Promenade, Singapore.
Industry News
Ascott to provide sustainable training programmes in Singapore
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.
News
Singapore trust acquires Colorado Home2 Suites for $29 million
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.
News
Citadines Connect opens in Singapore
SINGAPORE: Ascott has opened its Citadines Connect City Centre Singapore, the first of the sub-brand in the country.
News
Ascott opens Citadines Raffles Place Singapore
SINGAPORE: Ascott has opened its Citadines Raffles Place in Singapore with 299 apartments.
Industry News
Singapore serviced apartments up for sale
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).
News
Dao by Dorsett aparthotel opens in Singapore
SINGAPORE: Aparthotel concept Dao by Doresett, by Dorsett Hospitality International, has opened in Singapore, marking the brand’s first foray into Asia.
