Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, signed 16 Oakwood properties in 2024, representing a 30 per cent increase over the previous year.
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.
Reading Time: 3 minutes The Ascott Limited (Ascott), has announced the appointment of hospitality industry veteran Serena Lim as its chief growth officer.
Reading Time: 3 minutes SINGAPORE: The Ascott Limited has shared its business strategy at the CapitaLand Investment Investor Day 2022.
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: < 1 minute Singapore: The freehold of Oakwood Studios Singapore, a block of 98 units located at 18 Mount Elizabeth, has been put up for sale with a guide price of S$170 million (£105 million).
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 South Korea: Oakwood has signed a management agreement for Oakwood Hotel Cheongju, in the capital of North Chungcheong province.
Reading Time: < 1 minute Japan: Oakwood has opened Oakwood Hotel & Apartments Azabu, the first hotel-licensed serviced apartment propertyto be developed by Mitsui Fudosan Residential Co.
Reading Time: < 1 minute Singapore: Synergy Global Housing has appointed Michelle Low as VP of global supply chain.
Reading Time: < 1 minute Northern Ireland: Commercial property agency CBRE NI is marketing the low-carbon aparthotel room2 Belfast at a guide price of £21.2 million.
Reading Time: < 1 minute Worldwide: Extended stay booking platform myroom24 has partnered with hotel franchising company Wyndham to automate reservations for a minimum of four weeks.Â
Reading Time: < 1 minute Singapore: Rental accommodation owner, developer and operator Weave Living has launched two properties in Singapore, located in the East Coast and Mount Sophia areas.
Reading Time: 2 minutes US: Developers Related Group and BH Group have partnered with luxury hotel brand Viceroy Hotels & Resorts to launch 274 serviced residences in Aventura, Miami in Florida.Â
Reading Time: < 1 minute Hong Kong: Operator Regal Hotels has introduced an extended stay programme for Hospital Authority (HA) staff across seven of its properties.Â
Reading Time: < 1 minute Ireland: Dublin-based aparthotel operator Staycity Group has secured a £77 million loan from digital bank OakNorth to triple its portfolio over the next five years.Â
Reading Time: 2 minutes UAE: Serviced apartment group Cheval Collection will open its second property in Dubai next month in March.Â
Reading Time: 2 minutes US: Flexible-use hospitality and multifamily operator Placemakr has partnered with developer SummerHill Apartment Communities to offer 109 units in Silicon Valley.
Reading Time: < 1 minute Germany: Digital hospitality platform NUMA Group has appointed Philipp Morawietz as the company’s director of corporate development.
Reading Time: < 1 minute US: Flexible living operator Mint House has acquired residential hospitality company Locale.