Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging arm of CapitaLand Investment, has reached 17,400 Ascott-branded units, both operational and in the pipeline, with 11 signings over the past 16 months across Asia, Africa and the Middle East.
Reading Time: 2 minutes China: The Ascott Limited has entered into a joint venture with Jin Jiang Hotels to develop its aparthotel brands Quest and TULIP LODJ in China.
Reading Time: 2 minutes UK/France: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, has signed six properties across Europe, including the debut of The Unlimited Collection.
Reading Time: 2 minutes 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.
Reading Time: 2 minutes 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.
Reading Time: 2 minutes 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.
Reading Time: 2 minutes Singapore: The Ascott Limited (Ascott), a lodging business unit owned by CapitaLand Investment (CLI) and CapitaLand Wellness Fund (C-WELL), have jointly acquired a freehold property in Singapore to be relaunched under the lyf brand.
Reading Time: 2 minutes Singapore: Hospitality business The Ascott Limited has refreshed its namesake brand Ascott to reflect a “flex-hybrid accommodation concept”.
Reading Time: 2 minutes ASIA: Ascott will continue the roll out of its Oakwood properties following a strong start to 2022 and plans in Johor, Switzerland and India.
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 UK: The Bank of England has cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Reading Time: < 1 minute UK: Serviced apartment brand Your Apartment has opened its latest London property, located in Camden.
Reading Time: < 1 minute Australia: BGO Strategic Capital Partners and Hotel Capital Partners have acquired the Sydney Potts Point Central Apartment Hotel for AUS$31.5 million.
Reading Time: 2 minutes US: Real estate investor, developer, and manager Caliber Hospitality Development has signed an agreement with Hyatt to develop 15 Hyatt Studios hotels across five states.
Reading Time: 2 minutes Worldwide: The sixth edition of Branded Residences: An Overview, an independent report by Graham Associates, provides the latest data and analysis on the global branded residences sector.
Reading Time: 2 minutes UK: A sustainability roundtable hosted by global serviced apartment agent SilverDoor found that fragmented carbon data and cost pressures are preventing businesses from meeting their travel sustainability targets.
Reading Time: 2 minutes Worldwide: Data from global business travel specialist Corporate Travel Management (CTM) shows that Millennials and Gen Z employees want to travel more for work and see business travel as a key driver of professional growth and job satisfaction.
Reading Time: 2 minutes UK: Amsterdam-based hospitality brand The July is set to open its first UK property this June, unveiling a 114-room aparthotel in London’s Victoria district.
Reading Time: 2 minutes US: Howard Ruby, founder of serviced apartment company Oakwood and widely regarded as the father of corporate housing, has died aged 90.
Reading Time: 2 minutes UK: Hospitality platform RMS has partnered with revenue management specialist Right Revenue to help short-term rentals, independent hotels, and serviced apartments boost profits through smarter pricing.