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Ascott opens Citadines property in Vienna
George Sell
17 March 2022
Reading Time: 2 minutes Austria: The Ascott Limited has opened Citadines South Vienna, the brand’s first franchise property in Austria.
Ascott opens Penang property
George Sell
7 March 2022
Reading Time: < 1 minute Malaysia: Ascott has added a serviced residence in Penang State, with the opening of Ascott Gurney Penang.
Citadines makes Phnom Penh debut
Emily Reilly
15 February 2022
Reading Time: < 1 minute Cambodia: Ascott will launch its first Citadines-branded aparthotel in Phnom Penh next month.
Ascott partners with Saudi investor for PBSA venture
George Sell
3 February 2022
Reading Time: 2 minutes Singapore: The Ascott Limited (Ascott) has established a development venture totalling US$150 million in committed equity to develop student accommodation assets in the USA.
Ascott targets 10,000 EMEA units by 2025
George Sell
27 January 2022
Reading Time: < 1 minute UAE: Ascott is on track to achieve its regional target of adding 6,000 units to its Middle East, Africa, and Turkey portfolio, to reach a total of 10,000 units by 2025.
Ascott achieves record year of growth in 2021
George Sell
10 January 2022
Reading Time: < 1 minute Singapore: Ascott secured 15,100 units across 72 properties globally in 2021, marking the fifth consecutive year the company has achieved record growth.
Adapting in an “ever-evolving industry”: Q&A with Billy Hughes, The Ascott Limited
Eloise Hanson
7 January 2022
Reading Time: 6 minutes 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.
Ascott acquires Paris site for lyf coliving brand
George Sell
15 December 2021
Reading Time: < 1 minute France: Ascott has entered into an agreement to acquire a property in Paris for the development of the first and
Ascott signs Kuala Lumpur Citadines property
George Sell
7 December 2021
Reading Time: < 1 minute Malaysia: Setia Awan Group and The Ascott Ltd have entered into an agreement for the management and operations of the
Bangkok aparthotel changes hands
George Sell
26 November 2021
Reading Time: < 1 minute Thailand: The Citadines Sukhumvit 23 Bangkok aparthotel has been sold for an undisclosed price to the Bhiraj Buri Group. JLL
Amundi Immobilier acquires YAYS Paris Issy by Numa
Reading Time: < 1 minute France: Real estate investment firm Amundi Immobilier has acquired YAYS Paris Issy by Numa, located near the upcoming Grand Paris Metro Line 15 station.
Moment George IV Bridge aparthotel opens in Edinburgh
Reading Time: < 1 minute UK: The Glasgow-based real estate firm the Malyon Group has opened a new boutique aparthotel, Moment George IV Bridge, in Edinburgh’s Old Town.
Mews secures $75 million funding to expand in the US
Reading Time: < 1 minute US: Hospitality technology platform Mews has raised $75 million in a funding round led by Tiger Global, with participation from existing investors Kinnevik, Battery Ventures and Growth Equity at Goldman Sachs Alternatives.
Locke opens Le Jardin de Verre, its first Parisian aparthotel
Reading Time: < 1 minute France: Aparthotel chain Locke, part of the edyn group, has opened Le Jardin de Verre, its first property in Paris, on Rue de Lacépède, in the centre of the Latin Quarter.
Your Apartment partners with Homes & Villas by Marriott Bonvoy
Reading Time: < 1 minute UK: Serviced apartment operator Your Apartment has partnered with Homes & Villas by Marriott Bonvoy, a collection of vacation rentals under Marriott International.
Report highlights the value of ESG to EU hospitality investors
Reading Time: 2 minutes EU: The Capital Markets Committee of the Energy & Environment Alliance (EEA) has published the first in a series of reports, which explores the value of ESG to hospitality investors.
Reside launches Papago Hotel under Trademark Collection
Reading Time: < 1 minute US: The residential hospitality management company Reside has officially launched Papago Hotel, a newly renovated 70-unit boutique property operating under the Trademark Collection by Wyndham, in Scottsdale, Arizona.
SilverDoor report shows falling rates and surge in Eastern markets
Reading Time: 2 minutes Worldwide: New data collected by serviced apartment agent SilverDoor reveals that the latest trends in corporate travel include a rise in group bookings and higher demand for emerging markets across EMEA and APAC.
Starwood Strategic Partners invests in VANA Partners
Reading Time: < 1 minute US: Starwood Strategic Partners (SSP), an investment platform managed by Starwood Capital Group, has finalised an investment in VANA Partners, a real estate investment firm specialising in extended-stay hotels.
The Social Hub expands to Portugal with €60 million Porto opening
Reading Time: 2 minutes Portugal: Hybrid hotel chain The Social Hub has opened its first venue in Porto, Portugal, advancing the hospitality group’s European expansion.