Press Releases from The Ascott Limited (28 total)
Ascott opens prestigious La Clef Champs-Elysées Paris as part of The Crest Coll …
Serviced residence offers discerning travellers extraordinary experiences with a sense of home in a building steeped in history, with distinct Haussmann-era architecture, elegant interiors and signature fragrance lounge
Singapore, 7 February 2019 – CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has opened La Clef Champs-Élysées Paris in France, its third property under The Crest Collection – a prized selection of some of Ascott’s most prestigious and unique luxury…
ASCOTT ACCELERATES GROWTH OF CITADINES BRAND IN CHINA THROUGH JOINT VENTURE WITH …
Manachise joint venture targets to sign 16,000 units under Citadines in China by 2025
Singapore, 8 May 2018 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), is stepping up the expansion of its Citadines brand in China through a joint venture with one of China’s leading hotel operators Huazhu Hotels Group (Huazhu) and Huazhu’s subsidiary and an apartment rental firm, CJIA Apartments Group (CJIA). Listed on Nasdaq…
ASCOTT TIES UP WITH LEADING DEVELOPERS IN CHINA, JAPAN AND THAILAND TO BOOST PIP …
Portfolio expansion gathers momentum with more than 5,000 units added within first quarter of 2018, over 300% increase year-on-year
SINGAPORE - April 9th, 2018 - CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), is accelerating its expansion in Asia by forging strategic partnerships with leading developers in China, Japan and Thailand to manage apartments currently under development as well as future projects by these companies.
In China, Ascott has…
Ascott targets to double its global portfolio to 160,000 units in five years
Singapore, 29 January 2018 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), is ramping up its expansion with a target to double its portfolio to 160,000 units globally by 2023. Hot on the heels of its recent signing of nine management contracts in China, Ascott has clinched contracts to manage another four properties with 1,200 units in new cities such as Malacca in Malaysia and Davao…
Ascott Caps Record Growth Year Of Over 21,000 Newly Added Units With Its First F …
Singapore, 18 December 2017 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), is boosting its record growth this year with its first foray into Africa. It has secured contracts to manage two properties in the heart of Accra, one of Africa’s top cities for investment. The 220-unit Ascott 1 Oxford Street Accra will open in phases from 2019, while the 40-unit Kwarleyz Residence will open in…
Ascott Expands In China With The Opening Of Its Third Property In Shenzhen - One …
Ascott Raffles City Shenzhen is part of CapitaLand’s flagship integrated development Raffles City where guests can live, work and play
Singapore, 20 November 2017 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), is expanding its presence in China with the opening of its third property in Shenzhen. Located in Nanshan District, the city’s technology and industrial hub, Ascott Raffles City Shenzhen is part of CapitaLand’s…
Ascott Opens Its First Serviced Residence In Cambodia
Singapore, 7 November 2017 – CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has today opened its first serviced residence in Cambodia, CASA Meridian Residence, in Phnom Penh’s up-and-coming residential and retail hub of Diamond Island (Koh Pich). CASA Meridian Residence offers 75 fully-furnished residences on the top 13 floors of the 34-storey integrated development CASA by Meridian, which also comprises a high-end shopping mall, premium office spaces…
Ascott Is Recognised As The Best Serviced Residence Brand And Corporate Housing …
Garners over 100 accolades year to date, exceeding that for full year 2016
Singapore, 12 September 2017 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), was recognised as the ‘Best Serviced Residence Brand’ at the Business Traveller Asia-Pacific Awards 2017 for the 14th consecutive year. Ascott has held this coveted title since it was introduced in 2004. The awards honours the best in the…
ASCOTT TO DEBUT AWARD-WINNING CITADINES BRAND IN UNITED STATES WITH ACQUISITION …
US$50-million investment boosts Ascott’s portfolio in the Americas to over 1,100 units across five properties
Singapore, 5 May 2017 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has acquired a prime property on New York’s Fifth Avenue. It will invest a total of close to US$50 million (S$68 million) in the property. The operating 125-unit Hotel Central Fifth Avenue New York will undergo renovation in phases to…
ASCOTT ADVANCES INTO SOUTH AMERICA WITH ITS FIRST TWO FRANCHISE PROPERTIES IN BR …
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott) steps up its global expansion as it breaks into South America with franchise agreements for two serviced residences in São Paulo, Brazil. Vitacon, a leading real estate company in São Paulo, will franchise and operate the 92-unit Citadines VN Jardins São Paulo and 122-unit Citadines VN Faria Lima São Paulo. The two serviced residences are scheduled to open in…
ASCOTT UNVEILS 32,000-SQUARE FEET LIVING LAB TO FIELD TEST CO-LIVING CONCEPTS OF …
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott) has launched its first living lab to field test its newest brand, lyf, that is designed for and managed by millennials, in partnership with the Singapore Management University (SMU). Named lyf@SMU, Ascott will simulate a lyf product at SMU to test out various co-living concepts, enabling its students to be the first in the world to experience and shape…
ASCOTT INKS SIX NEW PROPERTIES IN CHINA AS IT SCALES UP FOR ANOTHER YEAR OF EXCE …
Set for boost to fee income with record opening of more than 30 properties globally in 2017
Singapore, 19 January 2017 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), races ahead by securing contracts to manage six properties with more than 1,200 apartment units in China, on the back of record growth last year. The new properties entrench Ascott’s presence in Changsha, Shenzhen, Tianjin and Wuhan, while…
ASCOTT MAKES FIRST FORAY INTO IRELAND WITH ACQUISITION OF PRIME PROPERTY IN DUBL …
Ascott's EUR1.2 billion portfolio in Europe to get boost with landmark acquisition in one of the world's most attractive business locations
Singapore, 16 December 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has expanded its global footprint to Ireland, one of the fastest growing economies in Europe. It has acquired an operating hotel in Ireland’s capital city Dublin, the 136-unit Temple Bar Hotel, for EUR55.1…
ASCOTT REDEFINES TRAVEL FOR MILLENNIALS WITH NEW BRAND LYF AND TARGETS 10,000 UN …
ASCOTT REDEFINES TRAVEL FOR MILLENNIALS WITH NEW BRAND LYF AND TARGETS 10,000 UNITS BY 2020
Lyf residences, designed for and managed by millennials, to seize opportunities in rising trend of co-living and co-working
Singapore, 24 November 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott) is unveiling its newest brand, Lyf (pronounced ‘life’), designed for and managed by millennials who wish to experience destinations as locals do. Going…
ASCOTT OPENS ASIA’S FIRST UNIQUE LUXURY PROPERTY UNDER THE CREST COLLECTION †…
Singapore, 14 November 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has opened Metropole Bangkok, Asia’s first unique luxury serviced residence under The Crest Collection. Each property in The Crest Collection has a distinctive character which epitomises European elegance and grandeur.
Located in Thonglor, Bangkok’s most sought-after residential district, Metropole brings a touch of European charm to the heart of Bangkok. The exclusive serviced residence…
ASCOTT CHARTS UNPARALLELED GROWTH IN CHINA AS IT ADDS RECORD NUMBER OF OVER 2,80 …
Eight new properties boost Ascott’s presence in China as the fastest growing international serviced residence company
Singapore, 10 November 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has inked contracts to manage eight new serviced residences in China’s high growth cities of Beijing, Chongqing, Haikou, Hangzhou, Shanghai and Xiamen through its Ascott, Citadines and Tujia Somerset brands. The properties with more than 1,200 apartment units…
ASCOTT ACCELERATES GROWTH IN THE MIDDLE EAST WITH THREE MORE CONTRACTS AND A NEW …
Singapore, 17 October 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), continues to extend its footprint in the Middle East to capture a bigger share of the market, by clinching contracts to manage another three properties in Saudi Arabia, including its first in the Islamic holy city of Makkah. The 280-unit Ascott Makkah, 92-unit Ascott Villas Riyadh and 69-unit Spectrums Residence in Jeddah are all…
ASCOTT WINS BIG AT THE 2016 WORLD TRAVEL AWARDS
Amongst Ascott’s three industry accolades is the prestigious ‘Leading Serviced Apartment Brand’ award for the Middle East
Singapore, 10 October 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has scooped three top industry accolades at the World Travel Awards Middle East. Beating off fierce regional competition, Ascott was named this year’s ‘Leading Serviced Apartment Brand’ for the Middle East. Individual property honours also went to…
ASCOTT THAILAND SUCCESSFULLY REACHES GOAL TO RAISE OVER 100K FUNDS FROM ASCOTT C …
Singapore, 7 October 2016 – CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), with the support of CapitaLand Hope Foundation (CHF), has recently organised its first Ascott Charity Run in Thailand. The objective of this event is to raise funds for over 500 underprivileged students at the Doi Wiangpha Pittaya School – a remote hill-tribe school in Chiang Rai province.
Ascott Charity Run 2016 was held at the Lumpini…
ASCOTT EXTENDS LEADING POSITION IN WORLD’S FASTEST GROWING ECONOMY WITH THREE …
Chennai, 6 October 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract with Sandhya Hotels to manage three new serviced residences in India, the world’s third largest economy. Two properties are in the major technology cities of Hyderabad and Bangalore and a third serviced residence is in Sri City, less than an hour’s drive from Chennai.
The upcoming Citadines Financial District Hyderabad,…
ASCOTT SETS THE BENCHMARK FOR LUXURY LIVING IN THE PHILIPPINES WITH ITS NEWLY RE …
Singapore, 26 September 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has unveiled newly renovated apartments and facilities at its premier serviced residence in the Philippines, the Ascott Makati, setting the benchmark for luxury living in the heart of Makati’s Central Business District.
Conveniently located within Glorietta Shopping Complex and surrounded by restaurants, entertainment and shopping malls, one of the two towers at the 362-unit Ascott…
ASCOTT CLINCHES SIX AWARDS INCLUDING EUROPE’S LEADING SERVICED APARTMENT BRAND …
Singapore, 9 September 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has swept six accolades including Europe’s Leading Serviced Apartment Brand at the World Travel Awards Europe 2016. Established since 1993, the World Travel Awards is considered to be the Oscars of the travel industry, acknowledging and celebrating excellence across all tourism sectors. Winners are voted by travellers and travel professionals worldwide.
Ascott was honoured in…
ASCOTT MARKS ITS 10TH ANNIVERSARY IN HONG KONG WITH THE OPENING OF CITADINES HAR …
CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott) has unveiled two Citadines properties in Hong Kong. With the opening of the 52-unit Citadines Harbourview Hong Kong and the newly-rebranded 55-unit Citadines Mercer Hong Kong, Ascott’s presence in the city has expanded to more than 300 units in prime locations across Hong Kong Island and Kowloon.
Mr. Tan Tze Shang, Ascott’s Regional General Manager for Greater China, said: “Ascott…
Ascott To Invest GBP52 Million In Prime London Property
Citadines Islington London is its third acquisition within five months through joint fund with Qatar Investment Authority
Singapore, 28 April 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), is acquiring a prime property in the heart of Islington, London through its serviced residence global fund with Qatar Investment Authority (QIA). Ascott will invest a total of £52 million (S$100.4 million) in the 108-unit property which will…
ASCOTT UNVEILS THE CREST COLLECTION OF UNIQUE LUXURY PROPERTIES TO MARK MILESTON …
Each with a distinctive character which epitomises European elegance and grandeur, The Crest Collection debuts with four properties in Paris and Bangkok, to offer travellers extraordinary experiences with a sense of home
Singapore, 13 April 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has today launched The Crest Collection, a prized selection of some of Ascott’s most prestigious and unique luxury serviced residences. The collection offers…
ASCOTT AIMS FOR 5,000 UNITS IN THE MIDDLE EAST BY 2020 AS IT SECURES TWO MORE PR …
Poised to become one of the largest international serviced residence operators in the Middle East as it sets to more than double its network in the region
6 April 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has continued its strong growth in the Middle East by inking contracts to manage its first two serviced residences in Al Khobar, one of the main metropolitan cities in…
Ascott Targets 2,000 Units Under Its New Tujia Somerset Brand By End 2016 To Cat …
ASCOTT TARGETS 2,000 UNITS UNDER ITS TUJIA SOMERSET BRAND BY END 2016 TO CATER TO BOOMING MIDDLE CLASS TRAVELLERS IN CHINA
Newly unveiled Tujia Somerset brand receives strong support with more than 1,000 units across six properties in China signed up
Singapore, 18 March 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has today unveiled its new Tujia Somerset brand of serviced residences catered for the booming…
ASCOTT SCORES PRIME PROPERTY IN ONE-NORTH TO BOLSTER SINGAPORE AS ONE OF ITS KEY …
ASCOTT SCORES PRIME PROPERTY IN ONE-NORTH TO BOLSTER SINGAPORE AS ONE OF ITS KEY FOCUS MARKETS
Citadines Fusionopolis in Singapore’s R&D hub has a ready catchment area encompassing more than 400 companies
Singapore, 7 March 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has snagged a prime property in one-north business park, Singapore’s research & development hub which houses more than 400 companies, through a lease…
