Ascott to open lyf property in Frankfurt
George Sell
31 May 2024
Reading Time: 2 minutes Germany: Ascott has brought its lyf ‘social living brand’ to Frankfurt
Ascott signs eight global lyf properties
Eloise Hanson
12 January 2024
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.
Ascott appoints regional director of business development
Isha Borkar
26 May 2023
Reading Time: 2 minutes UAE: International lodging owner and operator, The Ascott Limited (Ascott), has appointed Pekka Hirvi as the director of business development for the Middle East, Africa and Turkey.
Ascott appoints Serena Lim as chief growth officer
Felicity Cousins
10 January 2023
Reading Time: 3 minutes The Ascott Limited (Ascott), has announced the appointment of hospitality industry veteran Serena Lim as its chief growth officer.
Ascott unveils asset-light business strategy as it pushes expansion
Felicity Cousins
17 October 2022
Reading Time: 3 minutes SINGAPORE: The Ascott Limited has shared its business strategy at the CapitaLand Investment Investor Day 2022.
Ascott’s lyf in Bangkok re-opens
Felicity Cousins
16 September 2022
Reading Time: < 1 minute THAILAND: The Ascott Group’s first lyf property in Thailand has reopened this month.
Ascott to acquire Tokyo property for lyf brand amid strong first half figures
Felicity Cousins
4 August 2022
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.
Ascott to open ten extended stay properties in the Philippines next year
Felicity Cousins
2 August 2022
Reading Time: 3 minutes PHILIPPINES: Ascott will open ten properties in the Philippines next year across four extended stay brands.
Ascott Residence Trust’s long stay portfolio aiding strong recovery
Felicity Cousins
1 August 2022
Reading Time: 2 minutes WORLDWIDE: Ascott Residence Trust (ART) has released figures to show its long stay properties are aiding its strong recovery.
Green light for aparthotel in Footscray neighbourhood of Melbourne
Felicity Cousins
29 July 2022
Reading Time: < 1 minute AUSTRALIA: Maribyrnong council, in Melbourne, has approved plans for a 90-key aparthotel in the up and coming neighbourhood of Footscray.
The July reveals summer 2025 opening for London Victoria site
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July will open its first international property in London Victoria, scheduled to launch in July 2025.
Staycity acquires majority stake in Felix Group
Reading Time: 2 minutes Germany: Dublin-based aparthotel operator Staycity Group has acquired a majority stake in the Felix Group, owned by Munich-based real estate developer Denkmalneu Group (DMN).
Apaleo secures €20 million in Series B funding round
Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.
Urban Rest expands in the UK with East London opening
Reading Time: < 1 minute UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.
limehome plans to convert 3,000 apartments over next two years
Reading Time: 2 minutes Europe: Tech-enabled serviced apartment operator limehome is planning to convert 3,000 apartments from office and retail space over the next two years.
ASAP gears up for Annual Conference later this month
Reading Time: < 1 minute UK: The Association of Serviced Apartment Providers (ASAP), a trade body for the serviced apartment sector, will host its annual conference on Thursday 28 November 2024 in London.
LivAway Suites opens second US location in Washington
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has opened its second property in the United States, located in the Tri-Cities area of Washington.
AWH Partners expands in Colorado with dual-branded acquisition
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Forenom appoints country director for Sweden
Reading Time: < 1 minute Sweden: Corporate housing provider Forenom has appointed Erik Johnson as the group’s country director for Sweden, effective from the start of 2025.
SilverDoor promotes Neale to chief supply officer
Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.