Search Results For Serviced Residences
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ASCOTT EXPANDS ITS PRESENCE IN THAILAND WITH NEW PROPERTY OPENING IN EKAMAI ONE OF BANGKOKS TRENDIEST DISTRICTS
Press Release: Accommodation — May 29th, 2017
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), continues to expand its presence in Thailand with the opening of its 11th property – Somerset Ekamai Bangkok. The 262-unit property is in Ekamai, one of Bangkok’s most attractive destinations for locals, expatriates and tourists. With Somerset Ekamai Bangkok, Ascott currently has a portfolio of 18 serviced residences with over 3,300 units across three cities – Bangkok, Sri Racha and Pattaya – in Thailand.. |
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THE QUINCY HOTEL WINS BEST HOTEL EXPERIENCE AWARD AT THE SINGAPORE TOURISM AWARDS 2017
Press Release: Hotels — May 16th, 2017
Far East Hospitality, the hospitality management arm of the listed Far East Orchard Limited, and Singapore’s leading operator of hotels and serviced residences, today announced that the Quincy Hotel has been recognised for providing the Best Hotel Experience at the Singapore Tourism Awards 2017. This is the first time that a local boutique hotel has won the award since the category was introduced in 2010.. |
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ASCOTT GROWS FOOTPRINT IN INDONESIA WITH THE OPENING OF ITS FIRST PROPERTY IN MAKASSAR
Press Release: Accommodation — April 25th, 2017
CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott) has opened its first property in Makassar, the 186-unit Citadines Royal Bay Makassar, which is also Ascott’s eighth operational property in Indonesia. The largest international serviced residence operator in Indonesia has plans to open five more serviced residences from this year to 2019 in Jakarta and new cities such as Bandung and Yogyakarta as well as Karawang regency.. |
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THE ASCOTT LIMITED UNVEILS THE CREST COLLECTION
Press Release: Accommodation — April 13th, 2016
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. |
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ASCOTT REIT FORAYS INTO THE U.S WITH ACQUISITION OF PRIME NY PROPERTY
Press Release: Hotels — July 2nd, 2015
Ascott Residence Trust is expanding its footprint to the United States of America by acquiring the 411-key Element New York Times Square West hotel located in Midtown Manhattan for USD163.5 million (approximately S$220.7 million). The accretive acquisition at an EBITDA yield of 6.2% is expected to increase Ascott Reit’s distribution income in FY 2014 by USD0.8 million, translating to a rise in distribution per unit from 8.44 cents2 to 8.51 cents on a pro forma basis. This acquisition comes hot on the heels of Ascott Reit’s purchase of three quality serviced residences and four rental housing properties in Australia and Japan.. |
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