SAN catches up with Billy Hughes, UK area manager for The Ascott Limited, about the challenges and opportunities overseeing the group’s UK portfolio, technological innovation, and growth plans.
Serviced Apartment News talks to Ascott’s CEO about the sharing economy, new brands and strategic partnerships. • Do you think “sharing economy” platforms such as Airbnb and Tujia will become increasingly important for serviced apartment distribution? Will they take market share from traditional OTAs and other distribution channels? “The growth
The Netherlands: Hospitality operator The Ascott Limited has opened the second Citadines-branded aparthotel in Amsterdam.
India: The Ascott Limited, the lodging business owned by CapitaLand Investment Limited, in partnership with developer Paras Buildtech, have opened a Citadines aparthotel in Gurugram, India.
Worldwide: The Ascott Limited has achieved a record year of property openings and fee earnings (S$331 million), and has kickstarted 2024 with the launch of ‘Ascott Unlimited’ to support future growth.
Singapore: The Ascott Limited, a lodging business owned by CapitaLand, has grown the Oakwood portfolio by 20 per cent, expanding to 48 cities with a total of nearly 18,000 units.
Worldwide: The Ascott Limited, a lodging business owned by CapitaLand Investment, has signed eight global lyf properties and has expanded into city hotels and resorts.
Worldwide: The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment (CLI), has introduced the Somerset Sustainability Passport Programme featuring activities, wellness programmes and community initiatives at Somerset properties globally.
France: CapitaLand Ascott Trust (CLAS) has divested four Citadines properties in regional France to an unrelated third party for €44.4 million.
UK: Hospitality and living operator The Ascott Limited has launched a generative AI-powered chatbot named Cubby in test-bed stage at properties in the UK.
