Reading Time: < 1 minute ASIA: Ascott’s Somerset Serviced Residence brand has 43 properties in the pipeline with 16 to open in Asia this year.
Reading Time: < 1 minute 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.
Reading Time: < 1 minute THAILAND: Ascott will open its Ascott Thonglor Bangkok in July, adding to its robust portfolio of extended stay options in the city.
Reading Time: 2 minutes SINGAPORE: Ascott targets 150 properties under its lyf coliving brand by 2030 and launches a lyf Innovation Lab
Reading Time: 2 minutes Singapore: Ascott has upgraded its loyalty programme, Ascott Star Rewards (ASR), to offer more rewards for bookings made via its direct channels.
Reading Time: 2 minutes Singapore: The Ascott has acquired two properties in Ningbo, China and Amsterdam, the Netherlands for approximately $190 million.
Reading Time: < 1 minute Singapore: Ascott has opened lyf Farrer Park Singapore, the sixth lyf coliving property in Asia and the third in Singapore.
Reading Time: 2 minutes Austria: The Ascott Limited has opened Citadines South Vienna, the brand’s first franchise property in Austria.
Reading Time: < 1 minute Malaysia: Ascott has added a serviced residence in Penang State, with the opening of Ascott Gurney Penang.
Reading Time: < 1 minute Cambodia: Ascott will launch its first Citadines-branded aparthotel in Phnom Penh next month.
Reading Time: < 1 minute Malaysia: OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd, has launched its latest serviced apartment project NARA at the master plan Shorea Park in Puchong.
Reading Time: < 1 minute SEA: Management company ONYX Hospitality Group has plans to launch its serviced apartment brand Shama in Malaysia, Laos and Thailand.
Reading Time: < 1 minute UK: Third-party operator RBH Hospitality Management has expanded its portfolio in Scotland with the signing of the dual-branded Staybridge Suites and Hotel Indigo Dundee.
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The serviced apartment industry is evolving rapidly, presenting new challenges and opportunities for leaders. Even with the …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. Ahead of the global Serviced Apartment Awards next month, SAN speaks to a panel of industry rising …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The serviced apartment and branded residence market has experienced significant growth in recent years. As hotels seek …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. The fragmented extended stay sector presents opportunities for consolidation and growth through mergers and acquisitions. As larger …
Reading Time: < 1 minute Hosted by SAN editor – hospitality, Eloise Hanson. As travellers seek more flexible options, the average length of stay is steadily increasing at the same …
Reading Time: 2 minutes UK: Real estate platform AENDRE Group, which will develop lifestyle aparthotel brands, has expanded its team and appointed members to its advisory board.
Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR].