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ASCOTT EXPANDS LODGING SUPPORT TO PROVIDE SAFE HOMES TO GLOBAL COMMUNITY IN FIGHT AGAINST COVID-19
Press Release: Accommodation — April 20th, 2020
Extends community support online with launch of #StayHomeWithAscott, a campaign with US$200,000 donation pledged to benefit 12,000 underprivileged children affected by the pandemic.
 
ASCOTT EXPANDS GLOBAL PRESENCE WITH 26 NEW PROPERTIES ACROSS 11 COUNTRIES
Press Release: Hotels — July 15th, 2019
Steady rise in recurring fee income and enlarged asset size strategically position lodging business as a growing contributor to CapitaLand’s earnings.
 
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.
 
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 REIT ACQUIRES PRIME FREEHOLD LIMITED-SERVICE BUSINESS HOTEL IN SYDNEY AUSTRALIA FOR A$60.6 MILLION
Press Release: Hotels — March 27th, 2019
To be rebranded as Citadines Connect Sydney Airport in May 2019, targeting business travellers who are constantly online and on the go.
 
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 CROSSES 100,000 LODGING UNITS GLOBALLY WITH BUMPER SIGNING OF 26 PROPERTIES IN 18 CITIES
Press Release: Accommodation — January 21st, 2019
Achieves consecutive year of record growth with entry into Netherlands.
 
ASCOTT REIT DIVESTS ASCOTT RAFFLES PLACE SINGAPORE FOR S$353.3 MILLION
Press Release: Accommodation — January 10th, 2019
Proactive portfolio reconstitution enhances financial flexibility to invest in accretive opportunities.
 
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 MARKS 20TH YEAR IN CHINA WITH THE OPENING OF NANTONG’S FIRST INTERNATIONAL-CLASS SERVICED RESIDENCE AND ITS FOURTH PROPERTY IN SUZHOU
Press Release: Accommodation — June 21st, 2018
Ascott Harmony City Nantong in the fast-growing Nantong’s financial hub and Somerset Baitang Suzhou in Suzhou Industrial Park increase Ascott’s operating properties to 56 across over 20 cities in China.
 
ASCOTT EXPANDS IN CHINA WITH THE OPENING OF ITS THIRD PROPERTY IN SHENZHEN - ONE OF THE WORLD'S TOP INNOVATION HUBS
Press Release: Accommodation — November 20th, 2017
Ascott Raffles City Shenzhen is part of CapitaLand’s flagship integrated development Raffles City where guests can live, work and play.
 
ASCOTT BECOMES SINGAPORE’S LARGEST SERVICED RESIDENCE OPERATOR WITH S$170 MILLION TO INVEST AND DEVELOP FUNAN’S CO-LIVING COMPONENT
Press Release: Accommodation — August 4th, 2017
Over 20,000 units added to global portfolio year to date, outpacing full year 2016 growth by two-fold.
 
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 OPENS ITS FIRST CITADINES APART’HOTEL IN VIETNAM
Press Release: Accommodation — July 17th, 2017
Citadines Bayfront Nha Trang marks the entry of Ascott’s fastest growing brand and the only international-class serviced residence in the city.
 
ASCOTT OPENS SEVENTH PROPERTY IN THE PHILIPPINES BRINGS CITADINES TO ANOTHER KEY FINANCIAL DISTRICT IN METRO MANILA
Press Release: Accommodation — July 11th, 2017
To double presence with opening of nine more properties offering over 1,900 units across Metro Manila, Cebu and Iloilo.
 
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 SURPASSES 100TH PROPERTY MILESTONE IN CHINA WITH SEVEN NEW PROPERTIES SECURED ACROSS SIX CITIES
Press Release: Accommodation — June 27th, 2017
On track to exceed its target of 80,000 units globally by 2020.
 
ASCOTT OPENS CITADINES APART’HOTEL IN ONE OF INDIA’S FASTEST GROWING CITIES
Press Release: Accommodation — June 8th, 2017
Ascott’s presence set to increase to over 1,600 units in one of the world’s top 10 economies.
 
ASCOTT EXPANDS ITS PRESENCE IN THAILAND WITH NEW PROPERTY OPENING IN EKAMAI – ONE OF BANGKOK’S 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..
 
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..
 
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'S EXPANSION HITS HIGH GEAR AS IT CROSSES 50,000 UNITS GLOBALLY
Press Release: Accommodation — November 15th, 2016
Ascott has achieved record breaking 10,000 apartment units this year, bringing the company's portfolio to more than 52,000 units globally..
 
ASCOTT OPENS ASIA’S FIRST UNIQUE LUXURY PROPERTY UNDER THE CREST COLLECTION – METROPOLE BANGKOK
Press Release: Accommodation — November 14th, 2016
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ASCOTT CHARTS UNPARALLELED GROWTH IN CHINA AS IT ADDS RECORD NUMBER OF OVER 2,800 UNITS IN ITS LARGEST MARKET IN 2016
Press Release: Accommodation — November 10th, 2016
ASCOTT CHARTS UNPARALLELED GROWTH IN CHINA AS IT ADDS RECORD NUMBER OF OVER 2,800 UNITS IN ITS LARGEST MARKET IN 2016.
 
ASCOTT CONTINUES WINNING STREAK AS THE BEST IN ASIA WITH TOP HONOURS VOTED BY TRAVELLERS AND INDUSTRY PROFESSIONALS
Press Release: Travel Awards — October 18th, 2016
Heralded as ‘Leading Serviced Apartment Brand’ and ‘Best Serviced Residence Group’ in Asia amongst other highly acclaimed titles.
 
ASCOTT ACCELERATES GROWTH IN THE MIDDLE EAST WITH THREE MORE CONTRACTS AND A NEW PROPERTY OPENING IN SAUDI ARABIA
Press Release: Accommodation — October 17th, 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 slated to open in 2017..
 
ASCOTT WINS BIG AT THE 2016 WORLD TRAVEL AWARDS
Press Release: Accommodation — October 10th, 2016
Amongst Ascott’s three industry accolades is the prestigious ‘Leading Serviced Apartment Brand’ award for the Middle East.
 
ASCOTT THAILAND SUCCESSFULLY REACHES GOAL TO RAISE OVER 100K FUNDS FROM ASCOTT CHARITY RUN 2016
Press Release: Accommodation — October 7th, 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 EXTENDS LEADING POSITION IN WORLD’S FASTEST GROWING ECONOMY WITH THREE NEW SERVICED RESIDENCES ACROSS INDIA’S HIGH GROWTH CITIES
Press Release: Accommodation — October 6th, 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..
 
ASCOTT SETS THE BENCHMARK FOR LUXURY LIVING IN THE PHILIPPINES WITH ITS NEWLY RENOVATED ASCOTT MAKATI
Press Release: Hotels — September 26th, 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..
 
ASCOTT CLINCHES SIX AWARDS INCLUDING EUROPE’S LEADING SERVICED APARTMENT BRAND AT THE WORLD TRAVEL AWARDS
Press Release: Travel Awards — September 9th, 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 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.
 
ASCOTT CONTINUES GROWTH MOMENTUM WITH FOUR NEW CONTRACTS
Press Release: Accommodation — September 2nd, 2015
Fast expansion pace sees another 850 units added to its portfolio in the month of August.
 
ASCOTT TARGETS 10,000 UNITS IN EUROPE BY 2020
Press Release: Accommodation — May 18th, 2015
Ascott reaffirms commitment to Europe market during the visit by President of the Republic of Singapore Dr Tony Tan Keng Yam to Citadines Suites Arc de Triomphe Paris.
 
ASCOTT CAPS 30TH ANNIVERSARY WITH CONTINUED STRONG GROWTH
Press Release: Hotels — December 4th, 2014
Acquires prime property in Jakarta for S$90 million and extends premier Ascott The Residence brand to Vietnam.
 
ASCOTT ADDS FIVE MORE PROPERTIES AND CROSSES MILESTONE OF 12,000 APARTMENT UNITS IN CHINA
Press Release: Accommodation — November 10th, 2014
Enters high-growth Chinese cities of Yinchuan and Changsha.
 
ASCOTT INKS AUD500 MILLION STRATEGIC PARTNERSHIP WITH QUEST IN AUSTRALIA
Press Release: Travel PR — October 23rd, 2014
Ascott acquires a 20% stake in Quest for AUD28.8 million.
 
ASCOTT OPENS THREE NEW SERVICED RESIDENCES IN HANGZHOU, HAMBURG AND JAKARTA
Press Release: Hotels — October 15th, 2014
Secures second Ascott-branded property in Dubai.
 
ASCOTT TO LAUNCH ITS FIRST SOMERSET SERVICED RESIDENCE IN GURGAON
Press Release: Accommodation — August 28th, 2014
CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract to manage its first Somerset-branded serviced residence in Gurgaon. Slated to open by 2019, the 174-unit Somerset Diplomatic Greens Gurgaon is Ascott’s second serviced residence in the city, after Ascott Ireo City Gurgaon which is scheduled to open in 2017..
 
ASCOTT ACQUIRES PRIME SERVICED RESIDENCE IN HONG KONG FOR HK$545 MILLION SERVICED RESIDENCE WILL BE REBRANDED AS CITADINES MERCER HONG KONG IN THE THIRD QUARTER OF 2014
Press Release: Accommodation — April 29th, 2014
The Ascott Limited is a Singapore company that has grown to be the world's largest international serviced residence owner-operator. It has over 23,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 10,000 units which are under development, making a total of more than 34,000 units in over 200 properties..
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