Ascott acquires China and Netherlands properties
Reading Time: 2 minutes Singapore: The Ascott has acquired two properties in Ningbo, China and Amsterdam, the Netherlands for approximately $190 million.
Reading Time: 2 minutes Singapore: The Ascott has acquired two properties in Ningbo, China and Amsterdam, the Netherlands for approximately $190 million.
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.
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.
Reading Time: 2 minutes Singapore: Ascott has expanded its lyf portfolio to 17 properties with more than 3,000 units in 13 cities and nine
Reading Time: < 1 minute UK: Development and investment company Lamington Group has appointed two new members to its board of directors.
Reading Time: 6 minutes SAN editor Eloise Hanson outlines four key trends expected to shape the extended stay sector in 2025 and beyond.
Reading Time: 2 minutes Worldwide: Entries for the 10th edition of the global Serviced Apartment Awards 2025 have opened, with a deadline of 21 March 2025 at 23:59 pm GMT.
Reading Time: 2 minutes Worldwide: The Q4 market update report from serviced apartment agent SilverDoor reveals that global enquiries for serviced apartment transient stays have steadily grown.
Reading Time: < 1 minute US: Development and management company NexGen Hotels has bought the Fairfield Inn & Suites by Marriott in Fort Lauderdale Northwest.
Reading Time: < 1 minute Australia: Quest Apartment Hotels, a member of The Ascott Limited, has achieved accessibility accreditation across 86 properties.
Reading Time: < 1 minute US: Flexible apartment living provider Landing has supported 140 families by offering 13,000 free nights as part of its Homes for Healing initiative.
Reading Time: 2 minutes UK: Operator London Choice Apartments has acquired the independent luxury hotel The Royal in Ventnor, located on the Isle of Wight.
Reading Time: < 1 minute New Zealand: TFE Hotels has established a New Zealand office following a multi-property management agreement with accommodation provider Heritage Hotels.
Reading Time: < 1 minute UK: Hospitality company The Ascott Limited has taken over management of both the Millennium and Copthorne hotels at Stamford Bridge and will rebrand the properties under lyf.