Press Releases from CapitaLand (9 total)
News Release - Ascott achieves over 40% y-o-y unit growth globally boosted by re …
ASCOTT ACHIEVES OVER 40% Y-O-Y UNIT GROWTH GLOBALLY BOOSTED BY RECORD SIGNINGS IN VIETNAM
Fee income potential continues to grow as global portfolio increases by over 8,300 units across more than 30 properties year to date
Singapore, 21 July 2021 – CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has secured over 8,300 units across more than 30 properties in the first seven months of 2021, achieving over 40% year-on-year…
Ascott to future-ready lodging offerings for continued growth in a post COVID-19 …
Singapore, 28 May 2020 - CapitaLand's wholly owned lodging business unit, The Ascott Limited (Ascott), will review the design of its lodging products and services to ensure they are future-ready for continued growth in a post COVID-19 landscape.
Leveraging the existing design strengths of Ascott's serviced residences, it will redefine the guest experience to take advantage of emerging trends such as the increased popularity of working-from-home, deeper health and safety concerns,…
CAPITALAND APPOINTS MR KEVIN GOH AS CEO, LODGING
Singapore, 1 April 2020 - Mr Kevin Goh is appointed CapitaLand's CEO, Lodging with effect from today, 1 April 2020 to oversee CapitaLand Group's lodging business. Lodging is one of the three pillars of the Group's strategic businesses for sustainable growth, together with the other two pillars being Fund Management and Investment/Development.
Mr Goh is concurrently the CEO of The Ascott Limited, an appointment he held since 2018.
Mr Goh has…
ASCOTT EXPANDS IN JAPAN WITH THE OPENING OF ITS FIRST CITADINES PROPERTY IN OSAK …
Citadines Namba Osaka marks Ascott’s partnership with Takashimaya Group
Singapore, 20 January 2020 – CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), is expanding its presence in Japan with the opening of its first Citadines serviced residence in Osaka. Ascott is operating the property through a master lease agreement with Toshin Development Company Ltd, a subsidiary of Takashimaya Group, a leading department store business in Asia. Located near the…
ASCOTT OPENS RECORD 7,500 UNITS AND SIGNS OVER 14,100 UNITS IN 2019 TO BOOST FEE …
Secures 25 new franchise and management contracts offering over 3,400 units across Asia Pacific and Africa
Singapore, 18 December 2019 – CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has stepped up its global expansion in 2019 with a record opening of about 7,500 units in over 40 properties across 30 cities and 13 countries. Ascott has also signed 25 new franchise and management contracts with more than…
ASCOTT IS BIGGEST WINNER AMONG SERVICED RESIDENCE PLAYERS AT 2019 WORLD TRAVEL A …
Voted ‘Asia’s Leading Serviced Apartment Brand’ for the fourth consecutive year
Singapore, 14 October 2019 – CapitaLand’s wholly owned lodging business, The Ascott Limited (Ascott), was the biggest winner amongst serviced residence players sweeping 11 accolades at this year’s World Travel Awards Asia & Oceania. Ascott received the top accolade of ‘Asia’s Leading Serviced Apartment Brand’ for the fourth year running. It also bagged the ‘Leading Serviced Apartment Brand’ award for…
CapitaLand marks topping out of Raffles City Chongqing with structural completio …
Singapore, 25 February 2019 – CapitaLand has successfully topped out the eighth and final skyscraper of Raffles City Chongqing as the Group enters the final lap of preparation works to open the highly anticipated 1.12-million-square-metre (sq m) megastructure in 2H 2019. This achievement follows the structural completion of the development’s 250-m-high sky bridge – The Crystal, which enjoys the distinction as the world’s highest sky bridge linking six of…
Ascott Surpasses 20,000-Unit Target For China With Bumper Signings of Nine New M …
Singapore, 4 January 2018 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has exceeded its target of 20,000 units for China in 2017, ahead of its planned schedule of 2020, as it sealed contracts to manage nine properties with over 2,000 units in China. With these new properties, Ascott made inroads into new cities such as Harbin and Zhuhai, and widened its presence in Chongqing, Foshan,…
ASCOTT’S LATEST LYF BRAND TRAILBLAZES WITH THREE PROPERTIES IN CHINA AND SINGA …
Launch of lyf in China to capture booming millennial market and rising co-living trend
Singapore, 15 June 2017 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has secured contracts to manage its first three properties under its latest brand, lyf, in its two key markets – China and Singapore. This marks the launch of Ascott’s new co-living concept in China as Ascott seizes to capture the booming…
