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PAN PACIFIC HOTELS GROUP ACHIEVES GSTC MULTI-SITE CERTIFICATION FOR SUSTAINABLE TOURISM AT ALL EIGHT SINGAPORE PROPERTIES.
Press Release: Hotels — March 23rd, 2024
Pan Pacific Hotels Group is a global hospitality company that owns and/or manages more than 50 hotels, resorts and serviced suites across three brands – “Pan Pacific”, PARKROYAL COLLECTION, and PARKROYAL – encompassing more than 30 cities across Asia Pacific, North America and Europe..

CAPITALAND ASCOTT TRUST PROPOSES S$530.8 MILLION ACQUISITION OF THREE LODGING ASSETS IN LONDON, DUBLIN AND JAKARTA
Press Release: Accommodation — August 8th, 2023
Proposed acquisition is 1.8% accretive to Distribution per Stapled Security (DPS); Two existing CLAS properties in central Sydney and London to undergo asset enhancement initiatives (AEIs) with estimated yields on AEI cost of approximately 11% ; Property value of the two existing properties and new acquisition in London expected to increase by S$385.5 million after AEIs and stabilisation.

ASCOTT UNVEILS NEW TARGET TO DOUBLE FEE REVENUE TO OVER S$500 MILLION IN NEXT 5 YEARS
Press Release: Accommodation — April 21st, 2023
New signings of over 4,000 units in 1Q propel Ascott to exceed current target of 160,000 units.

PAN PACIFIC HOTELS GROUP ACCELERATES EXPANSION IN JAPAN IN STRATEGIC PARTNERSHIP WITH TOKYU HOTELS
Press Release: Resorts — November 30th, 2022
Pan Pacific Hotels Group is a global hospitality company that owns and/or manages more than 50 hotels, resorts, and serviced suites across three brands – “Pan Pacific”, PARKROYAL COLLECTION, and PARKROYAL – encompassing 30 cities across Asia Pacific, North America, and Europe. Headquartered in Singapore, it is a member of Singapore-listed UOL Group Limited..

CAPITALAND ASCOTT TRUST PARTNERS WITH THE INTERNATIONAL FINANCE CORPORATION ON ITS FIRST SUSTAINABILITY-LINKED BOND IN THE HOSPITALITY SECTOR
Press Release: Accommodation — November 1st, 2022
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THE ASCOTT LIMITED UNVEILS CITADINES BRAND REFRESH TO PREPARE FOR NEXT PHASE OF ACCELERATED GROWTH FOR ITS APARTHOTEL BRAND
Press Release: Accommodation — September 23rd, 2022
The group’s fastest growing brand with over 180 properties to date introduces new signature programmes and celebrates opening of Citadines flagship property in Singapore.

ASCOTT ACQUIRES OAKWOOD WORLDWIDE TO FAST-TRACK GROWTH TO OVER 150,000 UNITS GLOBALLY
Press Release: Accommodation — July 4th, 2022
Acquisition adds to recurring fee income streams and expands lodging offerings to strengthen Ascott’s leading position.

ASCOTT ACQUIRES FIRST LYF COLIVING PROPERTY IN SYDNEY THROUGH ITS SERVICED RESIDENCE GLOBAL FUND
Press Release: Accommodation — June 2nd, 2022
Expands lyf brand with the opening of Ascott’s first lyf property in Australia, lyf Collingwood Melbourne, and the eighth lyf property to open globally.

ASCOTT ACQUIRES TWO PROPERTIES IN NINGBO AND AMSTERDAM FOR ABOUT S$190 MILLION THROUGH ITS SERVICED RESIDENCE GLOBAL FUND
Press Release: Accommodation — March 23rd, 2022
Acquisitions to grow Ascott’s fund under management to S$9 billion when fully deployed.

ASCOTT ACHIEVES RECORD GROWTH IN 2021 WITH 15,100 UNITS SIGNED AND HIGHEST-EVER PROPERTY OPENINGS OF OVER 8,200 UNITS
Press Release: Accommodation — January 10th, 2022
Secures 58 new franchise and management contracts to add over 12,500 units across Asia Pacific, Europe, Middle East and Africa. Continues to grow fee income through lodging operations.

ASCOTT CROWNED WORLDâ€™S LEADING SERVICED APARTMENT BRAND AT WORLD TRAVEL AWARDS 2021
Press Release: Travel Awards — December 17th, 2021
Biggest winner at the World Travel Awards 2021 with a total of 28 accolades; the greatest number of awards won amongst serviced residence companies.

ASCOTT VOTED LEADING SERVICED APARTMENT BRAND FOR ASIA MIDDLE EAST AND OCEANIA AT WORLD TRAVEL AWARDS 2021
Press Release: Accommodation — October 19th, 2021
Wins the most number of awards amongst serviced residence players with 17 accolades across the regions.

ASCOTT SEALS STRATEGIC PARTNERSHIP WITH SUN GROUP TO MANAGE VIETNAM'S LARGEST SERVICED RESIDENCE INTEGRATED DEVELOPMENT
Press Release: Accommodation — October 12th, 2021
Recognition of Ascott’s international lodging expertise by leading industry players set to bring more opportunities to build its pipeline of properties.

ASCOTT AND ASCOTT RESIDENCE TRUST JOINTLY INVEST AND DEVELOP STUDENT ACCOMMODATION PROPERTY IN SOUTH CAROLINA, USA FOR US$109.9 MILLION
Press Release: Accommodation — June 16th, 2021
The first of a pipeline of student accommodation assets under Ascott’s partnership with a leading student housing developer to accelerate growth in the USA.

ASCOTT EXPANDS CITADINES IN INDONESIA WITH OPENING OF CITADINES BERAWA BEACH BALI
Press Release: Accommodation — February 11th, 2021
The serviced residence offers guests a safe home, award-winning services and exclusive benefits for Ascott Star Rewards members.

ASCOTT IS RECOGNISED AS LEADING SERVICED APARTMENT BRAND IN ASIA AND EUROPE AT WORLD TRAVEL AWARDS 2020
Press Release: Travel Awards — November 3rd, 2020
Wins ‘Best Serviced Residence Brand’ for seventeen and three consecutive years at Business Traveller Asia-Pacific and Middle East Awards 2020 respectively.

ASCOTT EXPANDS CITADINES PORTFOLIO IN EUROPE WITH NEW ISLINGTON APART'HOTEL
Press Release: Accommodation — September 10th, 2020
Ascott has opened Citadines Islington London - the newest addition to its Citadines’ Apart’hotel portfolio in Europe.

ASCOTT OFFERS 'WORK IN RESIDENCE' AND 'SPACE-AS-A-SERVICE'
Press Release: Accommodation — August 13th, 2020
Optimises the use of space in its properties to extend service offerings and strengthen Ascott’s dominant lodging position in the new normal.

ASCOTT ACHIEVES 139% YOY GROWTH WITH RECORD OVER 5,400 NEW UNITS ADDED GLOBALLY AMID COVID-19 CRISIS
Press Release: Accommodation — June 16th, 2020
25 new properties signed as domestic demand for serviced residences remains resilient while international travel gradually resumes.

ASCOTT STAR REWARDS OFFER MEMBERS GREATER FLEXIBILITY
Press Release: Accommodation — April 30th, 2020
Membership triples as Ascott’s loyalty programme turns one.

8TH EDITION OF GLOBAL SERVICED APARTMENT REPORT OUT NOW LATEST EDITION OF LEADING REFERENCE SECTOR GUIDE SHOWS SECTOR IN GOOD HEALTH
Press Release: Accommodation — March 20th, 2020
LONDON – Growth in supply, broadening distribution channels and brands targeting specific market segments are all covered in the eighth edition of the award-winning Global Serviced Apartments Industry Report (GSAIR), published by The Apartment Service. The new GSAIR estimates that worldwide serviced apartment supply has increased by 14.75% since 2018 to 1,174,012, rising to 1,254,743 including corporate housing units. The number of locations served by serviced apartments globally has increased by 17.5% to 15,464, although the rate of inventory growth has slowed from 23.7% in 2018 vs 2016..

CORPORATE TRAVEL MANAGEMENT (CTM) ANNOUNCES CAP WORLDWIDE SERVICED APARTMENTS (CAP) AS THEIR 2020 EXTENDED STAY AND ALTERNATIVE ACCOMMODATION PARTNER
Press Release: Accommodation — February 22nd, 2020
London Friday 21st February 2020 - Corporate Travel Management (CTM) today announced their official 2020 partnership with CAP Worldwide (CAP) in the provision of extended stay, serviced apartments, corporate housing and alternative accommodation to their growing client portfolio..

ASCOTT EXPANDS IN JAPAN WITH THE OPENING OF ITS FIRST CITADINES PROPERTY IN OSAKA
Press Release: Accommodation — January 20th, 2020
Citadines Namba Osaka marks Ascott’s partnership with Takashimaya Group.

ASCOTT OPENS RECORD 7,500 UNITS AND SIGNS OVER 14,100 UNITS IN 2019 TO BOOST FEE INCOME
Press Release: Accommodation — December 18th, 2019
Secures 25 new franchise and management contracts offering over 3,400 units across Asia Pacific and Africa.

ASCOTT IS BIGGEST WINNER AMONG SERVICED RESIDENCE PLAYERS AT 2019 WORLD TRAVEL AWARDS ASIA & OCEANIA
Press Release: Accommodation — October 15th, 2019
Voted ‘Asia’s Leading Serviced Apartment Brand’ for the fourth consecutive year.

ASCOTT ACQUIRES S$192-MILLION FREEHOLD PROPERTY IN SYDNEY THROUGH GLOBAL FUND WITH QATAR INVESTMENT AUTHORITY
Press Release: Accommodation — September 27th, 2019
Announces 13 other properties under management and franchise contracts.

BEST BIRMINGHAM HOSPITALITY BUSINESS AWARD FOR STAYING COOL
Press Release: Travel PR — September 13th, 2019
Staying Cool at Rotunda won the Best Hospitality Business award at the 2019 Birmingham Post Business Awards last night against two stalwarts of the sector - The ICC (International Convention Centre) and Edgbaston cricket stadium – for its Creative Heights events programme..

THE APARTMENT SERVICE ANNOUNCES PARTNERSHIP WITH HICKORY GLOBAL PARTNERS
Press Release: Accommodation — July 30th, 2019
HICKORY members now have access to more than 1 million serviced apartments worldwide. TAS Global – powered by The Apartment Service is delighted to announce a partnership with Hickory Global Partners, a leading travel management services company, providing innovative service, distribution and technologies to its network of travel agency, corporate travel departments and supplier partners ..

CHATRIUM HOTELS & RESIDENCES RELEASE EXCITING NEW GIFT CARDS - THE PERFECT PRESENT FOR EVERYBODY!
Press Release: Hotels — July 24th, 2019
Chatrium Hotels & Residences is excited to announce the release of their new gift cards, which can be used at their properties in Thailand and Myanmar..

ASCOTT WINS EUROPE’S LEADING SERVICED APARTMENT BRAND AT WORLD TRAVEL AWARDS 2019 FOR FOURTH YEAR RUNNING
Press Release: Accommodation — June 14th, 2019
Accorded seven accolades including top awards across Belgium, Germany, Spain and Turkey.

ROOM2 NATIONWIDE EXPANSION GATHERS MOMENTUM WITH NEW MANAGING DIRECTOR APPOINTED.
Press Release: Appointments — May 30th, 2019
Lamington Group, the creators of room2, the world’s first hometel brand and Lamington Serviced Apartments have taken a further step to strengthen their nationwide expansion with the exciting new appointment of Chris Minhinnett as the Managing Director..

ASCOTT TRANSFORMS DIGITAL ECOSYSTEM TO SUPPORT RAPID EXPANSION AS GLOBAL LODGING PORTFOLIO GROWS OVER 30% ANNUALLY
Press Release: Hotels — April 23rd, 2019
Debuts Ascott Star Rewards as world’s first serviced residence loyalty programme to offer full flexibility to earn and redeem points.

ASCOTT UNVEILS CITADINES CONNECT BUSINESS HOTELS TO EXPAND SHORT-STAY OFFERINGS
Press Release: Hotels — March 27th, 2019
A sub-brand of the established Citadines serviced residence brand, Citadines Connect business hotels with limited services cater to highly mobile, constantly connected travellers.

ASCOTT REIT’S 4Q 2018 DISTRIBUTION PER UNIT INCREASES 5% TO 2.15 CENTS
Press Release: Hotels — January 29th, 2019
FY 2018 Unitholders’ distribution of S$154.8 million is record high for third consecutive year.

ASCOTT SCALES UP LODGING BUSINESS WITH US$26-MILLION INVESTMENT IN INDONESIA’S LEADING HOTEL OPERATOR TAUZIA
Press Release: Hotels — September 18th, 2018
Set to expand beyond serviced residences and apartments for corporate lease to advance in business hotel segment.

ASCOTT VOTED ‘ASIA’S LEADING SERVICED APARTMENT BRAND’ FOR THREE CONSECUTIVE YEARS AT WORLD TRAVEL AWARDS 2018
Press Release: Travel Awards — September 4th, 2018
Ascott’s finest quality wins it the top honour across Asia, Europe and the Middle East.

ASCOTT OPENS TWO CITADINES APART’HOTELS IN VIETNAM – THE COUNTRY’S LARGEST SERVICED RESIDENCE IN DANANG AND ITS FIFTH PROPERTY IN HO CHI MINH CITY
Press Release: Accommodation — August 1st, 2018
Citadines Blue Cove Danang overlooking Danang Bay and Citadines Regency Saigon in Ho Chi Minh City’s business district increase Ascott’s operating properties to 12 across five cities in Vietnam.

ASCOTT GAINS ACCESS TO 1,600-UNIT PIPELINE IN THE PHILIPPINES THROUGH STRATEGIC ALLIANCE WITH CEBU LANDMASTERS
Press Release: Accommodation — July 26th, 2018
Market leading expertise lauded with Ascott Makati set to receive world’s first serviced residence green certification from International Finance Corporation, a member of the World Bank Group.

ASCOTT WINS SIX ACCOLADES AT WORLD TRAVEL AWARDS EUROPE 2018 INCLUDING EUROPE’S LEADING SERVICED APARTMENT BRAND FOR THIRD YEAR RUNNING
Press Release: Travel Awards — July 2nd, 2018
Also crowned Europe’s Leading Serviced Apartments for the second consecutive year.

THE NUMBER OF SERVICED APARTMENTS GLOBALLY REACHES IN EXCESS OF 1 MILLION WORLDWIDE
Press Release: Accommodation — June 26th, 2018
London - 25th June 2018 – The Apartment Service (TAS Global) has published the latest edition of its award-winning Global Serviced Apartments Industry Report (GSAIR), compiled by the Travel Intelligence Network (TIN). GSAIR estimates there are now in excess of 1,022,984 serviced apartments worldwide (with a further 73,563 corporate housing units) in more than 13,164 locations. This compares to 826,759 apartments (with 70,300 corporate housing units) in 10,777 locations two years ago. These figures represent a significant increase in available inventory; 23.7% growth compared to 10.5% growth as published in the 6th edition..

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