Reading Time: < 1 minute Thailand: Ascott has opened the fourth of five properties it will operate with its strategic partners, Ananda Development and Mitsui Fudosan (Asia).
Reading Time: 2 minutes 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).
Reading Time: 2 minutes WORLDWIDE: CapitaLand Investment Ltd’s wholly owned lodging business unit, The Ascott Limited (Ascott) is acquiring a freehold asset in Tokyo, Japan.
Reading Time: 3 minutes PHILIPPINES: Ascott will open ten properties in the Philippines next year across four extended stay brands.
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 LabÂ
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 India: Developer Saya Group has partnered with Carnation Hotels Pvt Ltd, a subsidiary of Lemon Tree Hotels, to manage 336 fully-serviced suites at its mixed-use project Saya SouthX in Greater Noida West, Uttar Pradesh.
Reading Time: < 1 minute UK: Serviced apartment property Charles Hope Brentford has launched an Uber Kiosk in its lobby to provide guests with information on local and national transport.
Reading Time: < 1 minute US: Revenue management software company Duetto has named board member Alex Zoghlin as its CEO, succeeding David Woolenberg who has decided to step down.
Reading Time: < 1 minute UK: Real estate investment firm and asset manager DTZ Investors has acquired the Staycity Aparthotels Edinburgh property for £12 million.
Reading Time: < 1 minute SAN reporter Claudia Schergna chats with Siew Kim Beh, chief financial and sustainability officer of CapitaLand Investment and managing director for Japan and Korea at The Ascott Limited, about how the lines between hotels, extended stays and aparthotels are blurring, accessibility, sustainability commitments and more.
Reading Time: 2 minutes Middle East: Airlines are suspending services to the Middle East as rising conflict continues to disrupt key air corridors in the region.
Reading Time: 2 minutes Kenya: CityBlue Hotels has opened its luxury beachfront property Kilua Residences in Mombasa, which caters to both short and long-term stays.
Reading Time: 2 minutes UK: Scottish property-letting company Eren Properties Scotland Limited has submitted plans to demolish a vacant warehouse at 254 Leith Walk, Edinburgh, and build an 11-unit aparthotel with a total of 28 bedrooms.
Reading Time: < 1 minute US: Real estate firm Noble Investment Group has appointed two directors of asset management across its extended stay and upscale select-service platforms.
Reading Time: < 1 minute Ukraine: TULIP Hotels & Residences, part of Louvre Hotels Group, has opened its first aparthotel in Ukraine located in Lviv.