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 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: 2 minutes UK: Aparthotel brand Adagio has launched a flagship location in London, called Adagio Original London City East.
Reading Time: < 1 minute UK/UAE: Serviced apartment company Cheval Collection has appointed Nick Pilbeam as chief commercial officer (CCO).
Reading Time: < 1 minute Canada: Hospitality group Kalido will open Keefer House this July, a boutique aparthotel located in Vancouver’s Chinatown district.Â
Reading Time: 2 minutes Singapore: Hong Kong-based rental accommodation provider Weave Living has acquired a freehold serviced apartment building at 12 Shan Road in Novena, Singapore, in partnership with BlackRock and Lian Beng Group.
Reading Time: 2 minutes Indonesia: Serviced apartment complex, Kiara Ocean Place, has opened in Batu Belig, Bali, marking the latest addition to Mirah Investment & Development’s portfolio.
Reading Time: 2 minutes Australia: Quest Apartment Hotels, a member of The Ascott Limited, has partnered with independent media platform Galah to amplify regional voices and boost rural tourism across the country.
Reading Time: < 1 minute US: Flexible-use hospitality and multifamily operator Placemakr has launched a pop-up aparthotel in Nevada.
Reading Time: 2 minutes EMEA: Rajdeep Gahir, former head of expansion at WeWork, has joined flexible accommodation provider Urban Rest as head of portfolio growth for EMEA.
Reading Time: 2 minutes Saudi Arabia: Boutique hospitality brand Earth Hotels will open its first two properties in Saudi Arabia from 2026, totalling 375 hotel rooms and serviced apartments.
Reading Time: < 1 minute Egypt: Somabay, an exclusive Red Sea resort in Egypt, has launched the sale of its residential project, Arc of Soma: The Lagoon Edition.