Ascott appoints regional director of business development
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.
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.
The Ascott Limited (Ascott), has announced the appointment of hospitality industry veteran Serena Lim as its chief growth officer.
SINGAPORE: The Ascott Limited has shared its business strategy at the CapitaLand Investment Investor Day 2022.
ASIA: Ascott will continue the roll out of its Oakwood properties following a strong start to 2022 and plans in Johor, Switzerland and India.
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).
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.
South Korea: Oakwood has signed a management agreement for Oakwood Hotel Cheongju, in the capital of North Chungcheong province.
Japan: Oakwood has opened Oakwood Hotel & Apartments Azabu, the first hotel-licensed serviced apartment propertyto be developed by Mitsui Fudosan Residential Co.
Singapore: Synergy Global Housing has appointed Michelle Low as VP of global supply chain.
Australia: Oakwood Premier Melbourne has opened its doors to guests, bringing Oakwood’s portfolio under management to more than 10,000 keys.
US: The 410-room dual-branded Courtyard New Orleans and SpringHill Suites New Orleans Warehouse Arts District has been sold for $73 million.
Germany: Digital hospitality platform NUMA Group has established its brand advisory board, aimed at “accelerating growth” for the company.
Turkey: Accor’s premium brand Mövenpick has opened its Living Istanbul Saklivadi property in the city’s shopping district of Vadistanbul.
UK: The shortlists for this year’s Serviced Apartment Awards have been revealed ahead of the awards ceremony on 23 May at Leonardo Royal Hotel London Tower Bridge.
Saudi Arabia: Luxury hospitality company Cheval Collection has signed an agreement with developer Ladun Investment Company for Cheval Ladun Living in Riyadh.
Estonia: Tech-powered hospitality operator Bob W has opened its fourth aparthotel in Tallinn, located in the city’s Arter Quarter.
UK: Developer Canary Wharf Group (CWG) has secured £553 million of financing, including an £80 million loan for two serviced apartment projects along West Lane.
Germany: Developer GBI Group has broke ground on its latest SMARTments connect project, located in Bielefeld.
UK: Serviced apartment operator Mansley has achieved Green Tourism Gold accreditation across its portfolio.
EU: Technology-based apartment operator limehome has signed 800 units in Q1 2024, growing its portfolio by almost 14 per cent to 6,800 apartments.