Ascott opens Citadines Raffles Place Singapore
SINGAPORE: Ascott has opened its Citadines Raffles Place in Singapore with 299 apartments.
SINGAPORE: Ascott has opened its Citadines Raffles Place in Singapore with 299 apartments.
MALAYSIA: TAFI Industries Bhd has signed a RM115 million (£22m) contract with Magna Prima Bhd to build serviced apartments in Kuala Lumpur.
Thailand: Ascott has opened the fourth of five properties it will operate with its strategic partners, Ananda Development and Mitsui Fudosan (Asia).
Singapore: Ascott Residence Trust (ART) plans to acquire nine assets from its sponsor, The Ascott Limited, at an estimated cost of S$318.3 million (£191 million).
WORLDWIDE: CapitaLand Investment Ltd’s wholly owned lodging business unit, The Ascott Limited (Ascott) is acquiring a freehold asset in Tokyo, Japan.
PHILIPPINES: Ascott will open ten properties in the Philippines next year across four extended stay brands.
ASIA: Ascott’s Somerset Serviced Residence brand has 43 properties in the pipeline with 16 to open in Asia this year.
Singapore: Ascott, the largest operator of serviced apartments globally, will add around 15,000 units to its global inventory with the acquisition of Oakwood Worldwide from Mapletree Investments Pte Ltd.
THAILAND: Ascott will open its Ascott Thonglor Bangkok in July, adding to its robust portfolio of extended stay options in the city.
SINGAPORE: Ascott targets 150 properties under its lyf coliving brand by 2030 and launches a lyf Innovation Lab
Germany: Developer GBI Group has broke ground on its latest SMARTments connect project, located in Bielefeld.
UK: Serviced apartment operator Mansley has achieved Green Tourism Gold accreditation across its portfolio.
EU: Technology-based apartment operator limehome has signed 800 units in Q1 2024, growing its portfolio by almost 14 per cent to 6,800 apartments.
UK: International Hospitality Media (IHM), a leading publisher and event organiser in the hospitality and real estate sectors, has announced major expansion and improvement to its flagship Urban Living Festival event.
SAN editor Eloise Hanson speaks to Mark Lewis, CEO of HotelREZ, about distribution strategies, capturing business travel, and importance of smart phones, AI and personalisation in the guest journey. They also talk about sci-fi books, Abba Voyage, and opening an animal sanctuary.
US: The 30-acre apartment home development Ariva Luxury Residences in Las Vegas has launched a collection of extended stay apartments called Ariva Serviced Residences.
The Netherlands: Hospitality operator The Ascott Limited has opened the second Citadines-branded aparthotel in Amsterdam.
UK: Family-owned real estate investor and developer Lamington Group has released its latest ESG report, detailing progress made in 2022.
The Netherlands: The July, which rebranded from City ID in November 2023, has acquired the Holiday Inn Amsterdam South and will convert the site into its seventh aparthotel.
UK: Serviced apartment operator Charles Hope has opened three properties in London, Leeds, and Birmingham, taking the portfolio to 19 properties and 273 units across the UK.