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ASCOTT RESIDENCE TRUST PROPOSES TO ACQUIRE S$318.3 MILLION OF ASSETS IN AUSTRALIA, FRANCE, JAPAN, USA AND VIETNAM TO STRENGTHEN PRESENCE IN KEY MARKETS
Press Release: Accommodation — August 16th, 2022
Yield-accretive acquisition of the nine properties is expected to enhance ART’s income resilience and consolidate its position as Asia-Pacific’s largest hospitality trust.
 
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 RESIDENCE TRUST DOUBLES STUDENT ACCOMMODATION ASSETS WITH US$213M ACQUISITION
Press Release: Accommodation — December 29th, 2021
Grows longer-stay lodging assets to 16% of total portfolio to further enhance income resilience.
 
ASCOTT RESIDENCE TRUST CLINCHES FOURTH STUDENT ACCOMMODATION ASSET WITH ACQUISITION IN USA FOR US$83.25 MILLION
Press Release: Accommodation — November 1st, 2021
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ASCOTT RESIDENCE TRUST FORAYS INTO THE STUDENT ACCOMMODATION ASSET CLASS WITH FIRST ACQUISITION IN THE USA FOR US$95 MILLION
Press Release: Hotels — January 27th, 2021
Expands investment mandate to include student accommodation to increase stable income.
 
 
INTRODUCING VILLA MAGNOLIA – A 6-BEDROOM HOLIDAY HOME IN THE BEAUTIFUL HILLS OF SITGES
Press Release: Holiday Rentals — June 23rd, 2020
Sitges Hills Villas is delighted to announce another new addition to their property portfolio for summer 2020 with the acquisition of the impressive Villa Magnolia. This is the latest in a number of new property additions for this year..
 
 
 
SITGES HILLS VILLAS ADDS STYLISH VILLA FALCO TO ITS 2020 HOLIDAY HOME COLLECTION
Press Release: Holiday Rentals — January 31st, 2020
Sitges Hills Villa Ltd. are delighted to announce the acquisition of Villa Falco, the latest in a series of new additions to their portfolio of high-quality holiday villas in the Sitges area of Spain for the 2020 season..
 
 
MYTHOS PALACE RESORT & SPA: TUIS CHOICE FOR FAMILY VACATIONS
Press Release: Travel Awards — January 22nd, 2019
Mythos Palace Resort & Spa proudly announces the acquisition of 2 TUI Awards: the TUI Top Quality 2019 Award and the TUI Family Champion Award..
 
ASCOTT ACQUIRES FREEHOLD HOTEL IN SILICON VALLEY TO BE REBRANDED AS CITADINES CUPERTINO SUNNYVALE
Press Release: Accommodation — October 18th, 2017
Gathers momentum in the U.S. with fourth acquisition in the country within five months; more than triples last year’s portfolio to over 2,900 units.
 
MNK ANNOUNCES BUSINESS PARTNERSHIP WITH EDVENTURE NISEKO
Press Release: Accommodation — October 7th, 2017
Leading property management and hospitality company Midori No Ki KK (MnK Niseko) today announced its acquisition of EdVenture Niseko.
 
ASCOTT NOTCHES UP BUSINESS TRANSFORMATION WITH ACQUISITION OF 80% STAKE IN SYNERGY GLOBAL HOUSING IN U.S.
Press Release: Accommodation — July 24th, 2017
Second majority-stake acquisition within a month as Ascott gathers momentum to surpass global portfolio target of 80,000 units well ahead of 2020.
 
ASCOTT ACQUIRES MAJORITY STAKE IN QUEST APARTMENT HOTELS FOR A$180 MILLION TO BECOME LARGEST SERVICED RESIDENCE PROVIDER IN AUSTRALASIA
Press Release: Accommodation — July 5th, 2017
On track to exceed 2020 target of 80,000 units globally as acquisition boosts portfolio by over 11,000 units.
 
ASCOTT REIT MAKES THIRD ACCRETIVE ACQUISITION IN MANHATTAN NEW YORK WITHIN TWO YEARS FOR US$106 MILLION
Press Release: Accommodation — May 31st, 2017
Ascott Residence Trust (Ascott Reit) is adding another prime property to its global portfolio by acquiring the 224-unit DoubleTree by Hilton Hotel New York – Times Square South for US$106 million (S$148.4 million ). The freehold property is located in Midtown Manhattan near Times Square, one of the most visited locations in the world, with more than 40 million visitors each year..
 
ASCOTT TO DEBUT AWARD-WINNING CITADINES BRAND IN UNITED STATES WITH ACQUISITION OF PRIME PROPERTY ON NEW YORKS FIFTH AVENUE
Press Release: Accommodation — May 5th, 2017
US$50-million investment boosts Ascott’s portfolio in the Americas to over 1,100 units across five properties.
 
ASCOTT MAKES FIRST FORAY INTO IRELAND WITH ACQUISITION OF PRIME PROPERTY IN DUBLIN FOR EUR55.1 MILLION
Press Release: Accommodation — December 16th, 2016
Ascott's EUR1.2 billion portfolio in Europe to get boost with landmark acquisition in one of the world's most attractive business locations.
 
ASCOTT OPENS FIRST CITADINES SERVICED RESIDENCE IN SEOUL TO CATER TO THE RISE OF INDEPENDENT TRAVELLERS
Press Release: Accommodation — August 5th, 2016
Citadines network more than triples to almost 16,000 units in 64 cities since its acquisition in 2004.
 
ASCOTTS STRATEGIC PARTNERSHIP WITH QUEST FORGES AHEAD WITH MAIDEN ACQUISITION OF PRIME AUSTRALIAN PROPERTY
Press Release: Accommodation — July 12th, 2016
221-unit property in Docklands, Melbourne is Ascott’s fourth acquisition in partnership with Qatar Investment Authority within seven months.
 
AMERICAN RESORT COLLECTION SECURES FIRST MANAGEMENT AGREEMENTS & INVENTORY ACQUISITIONS
Press Release: Timeshare — May 25th, 2016
American Resort Collection Secures First Management Agreements & Inventory Acquisitions.
 
ASCOTT TO INVEST GBP52 MILLION IN PRIME LONDON PROPERTY
Press Release: Accommodation — April 28th, 2016
Citadines Islington London is its third acquisition within five months through joint fund with Qatar Investment Authority.
 
ACQUISITIONS LIFT ASCOTT REITS 3Q 2015 REVENUE BY 21% TO S$113.2 MILLION
Press Release: Accommodation — October 29th, 2015
RevPAU climbs 10% due to stronger operating performance.
 
IXIGO ACQUIRES RUTOGO, AN INTER-CITY CAB AGGREGATOR
Press Release: Travel PR — August 27th, 2015
ixigo set to enter inter-city cabs aggregation with Rutogo acquisition.
 
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..
 
TRAVEL GIANT WORLDVENTURES ACQUIRES WORLD-CLASS TECHNOLOGY SOFTWARE PLATFORM
Press Release: Travel PR — March 9th, 2015
The platform offers a central reservation management system that customers can access online anywhere and anytime.
 
AUBERGE RESORTS COLLECTION TO MANAGE/REBRAND NANUKU RESORT & SPA.
Press Release: Resorts — November 16th, 2014
Auberge Resorts Collection has announced its expansion into the South Pacific via its management acquisition of Nanuku Resort & Spa..
 
 
IAVRA JOINS METAMARKETPLACE TO EXPAND PORTFOLIO OF CERTIFIED VACATION RENTALS
Press Release: Holiday Rentals — September 17th, 2014
Today MetaMarketplace, a travel technology company, announced the acquisition of London-based B2B vacation rental platform IAVRA by its parent Demeure Operating Company.
 
 
 
WORLDWIDE DMC CONTINUES TO OUTPERFORM COMPETITION AS REVENUES INCREASE BY 59% IN 2014
Press Release: Destinations — July 25th, 2014
An Announcement by Anuj Kumar of Worldwide DMC Ltd.
 
 
LUCINTEL PROJECTS THE GLOBAL AIRLINE INDUSTRY TO REACH $767BILLION BY 2018
Press Release: Airlines — July 9th, 2014
The global airline industry is expected to reach $767 billion by 2018. The industry is fragmented with top three and top five players. The Companies’ main strategy is focused on expanding their services globally as many of the airlines that are US based have international routes and are expanding overseas. The airline Companies are focusing on environmental sustainability programs to provide eco-efficient airlines with less carbon emissions..
 
MOUNTAINSONG GALLERIES IN CARMEL-BY-THE-SEA, CALIFORNIA, IS COMMITTED TO REPRESENTING MORE OPA AND AIS CREDENTIALED MASTER ARTISTS THAN ANY GALLERY IN THE WORLD
Press Release: Exhibitions — June 5th, 2014
Mountainsong Galleries announced today they will be the only gallery in the world to carry Kevin Macpherson’s Reflection on a Pond Series. Mountainsong Galleries has announced that the entire series - all 368 paintings – is now available for acquisition for $1.75 million..
 
PORTRAIT ARTIST KINSTLER SHOW KINSTLER & HOLLYWOOD TO DEBUT IN CARMEL-BY-THE-SEA AT MOUNTAINSONG GALLERIES
Press Release: Events — May 14th, 2014
Show to Include Several Eras of Celebrity’s Portraits Available for Acquisition For the First Time. Mountainsong Galleries in Carmel-by-the-Sea, California, is committed to representing more OPA and AIS credentialed Master Artists than any gallery in the world..
 
LUCINTELS REPORT OUTLINES HIGH GROWTH FOR THE GLOBAL BOATING INDUSTRY DURING 2013-2018
Press Release: Travel PR — March 13th, 2014
The global recreational boat market is expected to witness highgrowth during 2013 and beyond because the boat market bottomed out recently. The global boat market is expected to grow to $23.8 billion in 2018 with significant growth over the next five years (2013-2018)..
 
TRAVEL TRADE PUBLISHING EXPERT ENTERS EVENT INDUSTRY
Press Release: Exhibitions — December 30th, 2013
TTG MENA is pleased to announce its recent acquisition of the MELTS™ brand [The Middle East Luxury Travel Show]..
 
 
DISCOVER TRAVEL & TOURS EXPANDS US BUSINESS
Press Release: Tours — August 20th, 2013
Leading UK inbound tour operator, Discover Travel & Tours, has announced the full acquisition of California based tour operator In Quest of the Classics (IQOTC)..
 
 
 
WORLDWIDE DMC FOUNDER & MD, ANUJ KUMAR MAKING FURTHER ACQUISITIONS IN ITALY & FRANCE
Press Release: Destinations — July 29th, 2013
Anuj Kumar also announces new office openings in Dubai and Mumbai in 2013.
 
 
LOWY GROUP LOOKS FOR HOTEL LEASE, MANAGEMENT AND ACQUISITION OPPORTUNITIES
Press Release: Hotels — January 24th, 2013
Lowy Hotel Solutions, a division of the Lowy Group (formerly the Vienna Hotel Group) is seeking opportunities to lease, manage or acquire hotels..
 
ALLIANCE HOSPITALITY IS POISED FOR GROWTH WITH ACQUISITION AND APPOINTMENT OF THREE HOSPITALITY EXECUTIVES
Press Release: Hotels — January 16th, 2013
Hospitality Authorities Greg Presley, Joe Reardon and Bob Keating Unite with Alliance to Spearhead One of Only 10 Marriott-Approved Hotel Management Companies in the Industry.
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