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ASCOTT AND CAPITALAND WELLNESS FUND ACQUIRE LODGING PROPERTY IN SINGAPORE TO BE RELAUNCHED UNDER THE AWARD-WINNING LYF BRAND
Press Release: Accommodation — January 9th, 2024
lyf Bugis Singapore to be unveiled mid-2024 catering to growing demand for experience-led social living.
 
CAPITALAND ASCOTT TRUST COMPLETES DIVESTMENT OF FOUR PROPERTIES IN REGIONAL FRANCE FOR EUR44.4 MILLION
Press Release: Accommodation — September 25th, 2023
Transaction is part of CLAS’ active portfolio reconstitution strategy to deliver sustainable returns to Stapled Securityholders.
 
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.
 
HOLIDAY FACTORY PROVIDES YOU WITH THE BEST LAST-MINUTE HOLIDAY DEALS
Press Release: Airlines — December 13th, 2022
Who says pricey last-minute holiday deals? If you believe so, you have never heard of the best tour operator in the Middle East, The Holiday Factory. the first in the Middle East and offer the greatest vacation packages at reasonable rates. We never skimped on quality and give you the nicest lodging as well as energetic, young tour guides. Holiday Factory can help you plan a trip to Baku, Georgia, Armenia, or Istambul. For more information visit our website..
 
CUSTOM TRAVEL SOLUTIONS FORMS CANCER TREATMENT ALLIANCE WITH FRIDAY HARBOUR.
Press Release: Travel PR — November 17th, 2022
Custom Travel Solutions has announced a partnership with Friday Harbour to facilitate flexible and affordable lodging options near cancer centers across the United States..
 
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 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 INVESTS JPY10.4 BILLION TO ACQUIRE FOUR RENTAL HOUSING PROPERTIES AND FIRST STUDENT ACCOMMODATION PROPERTY IN JAPAN
Press Release: Accommodation — March 9th, 2022
Expands longer-stay lodging properties to 17% of total portfolio value to boost income stability.
 
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 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 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 ACHIEVES OVER 40% Y-O-Y UNIT GROWTH GLOBALLY BOOSTED BY RECORD SIGNINGS IN VIETNAM
Press Release: Hotels — July 21st, 2021
Fee income potential continues to grow as global portfolio increases by over 8,300 units across more than 30 properties year to date.
 
ASCOTT LAUNCHES DISCOVERASR.COM TO UNIFY ITS LODGING BRANDS ON ONE BOOKING PLATFORM
Press Release: Marketing — July 8th, 2021
One-stop access to more than 400 properties in over 30 countries, including 61 newly added hotels managed under the Préférence, Vertu, Harris, Fox, Yello, Fox Lite and POP! brands // Kickstarts ‘The Traveller’s Discovery’ campaign to debut Ascott’s first-ever NFT collectible series, featuring 11 unique non-fungible tokens as prizes for Ascott Star Rewards members.
 
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 OPENS JAPAN'S FIRST LYF COLIVING PROPERTY IN THE VIBRANT FUKUOKA CITY
Press Release: Accommodation — June 15th, 2021
lyf continues strong growth with 12 more properties set to open across 10 cities in Asia Pacific.
 
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.
 
 
TWO DUKE STUDENTS SEEK TO DISRUPT THE TRAVEL INFLUENCER INDUSTRY
Press Release: Marketing — February 1st, 2021
A new marketing startup is hitting the scene, connecting social media influencers with the hottest lodging destinations. The platform, named “Innfluence,” is streamlining the once daunting marketing method for property managers, leveraging data and analytics to inspire millions of social media followers to follow the lead of their trendy influencers..
 
 
ASCOTT RESIDENCE TRUST POSTS DISTRIBUTABLE INCOME OF S$61.7 MILLION IN 2H 2020 AND S$94.2 MILLION IN FY 2020
Press Release: Hotels — January 27th, 2021
Leverages strong financial position and capital recycling strategy to enhance resilience of ART’s global portfolio.
 
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.
 
ASCOTT RESIDENCE TRUST IS THE FIRST HOSPITALITY TRUST IN SINGAPORE TO SECURE GREEN LOAN
Press Release: Hotels — January 14th, 2021
Deepens commitment to sustainability with a S$50 million green loan from DBS and greens 15 properties in 2020.
 
ASCOTT EXCEEDS 2019 RECORD GROWTH TO ADD OVER 14,200 UNITS GLOBALLY IN 2020 DESPITE COVID-19
Press Release: Hotels — January 12th, 2021
Achieves 80% year-on-year growth in China with over 9,400 units secured in the country for 2020.
 
ASCOTT LAUNCHES SOUTHEAST ASIA’S LARGEST PROMOTION ON LEADING ECOMMERCE PLATFORM SHOPEE FROM 12.12 TILL END OF THE YEAR
Press Release: Hotels — December 10th, 2020
Regional campaign on Shopee to drive online sales and engagement with 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 ACHIEVES RECORD HIGH SIGNINGS OF OVER 5,600 UNITS IN CHINA
Press Release: Accommodation — October 15th, 2020
Signs more than 2,100 units across 12 properties over the last three months in China, while revenue of operating properties in the country reaches close to 95% of pre-COVID-19 levels.
 
ASCOTT LAUNCHES 'DISCOVER ASR' MOBILE APP TO DELIVER GREATER VALUE AND FLEXIBILITY
Press Release: Accommodation — October 6th, 2020
#DiscoverASR Virtual Travel Festival to give away over S$12,000 worth of ASR points and staycations at Ascott properties worldwide.
 
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 INKS NEW PARTNERSHIPS TO OFFER MORE PERKS TO ASCOTT STAR REWARDS MEMBERS
Press Release: Hotels — September 8th, 2020
New Ascott Star Rewards status match programme woos existing members from other hospitality groups with elite membership status.
 
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.
 
HOTEL INTERACTIVE LEVERAGES NEW ONLINE INDUSTRY PLATFORM HOTEL COMMUNITY FORUM
Press Release: Hotels — August 11th, 2020
The new online hub merges lodging industry news with an industry-exclusive social media channel.
 
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 to future-ready lodging offerings for continued growth in a post COVID-19 landscape
Press Release: Accommodation — May 28th, 2020
Launches ‘Ascott Cares’ to raise standards of cleanliness to continue to provide safe homes for guests.
 
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.
 
SAUDI ARABIA HOTEL INVESTMENT CONFERENCE TO PUT THE SPOTLIGHT ON MYSK BY SHAZA’S UNIQUE PROPOSITION IN TRANSFORMATIONAL LODGING
Press Release: Hotels — January 6th, 2020
Shaza Hotels, will make a special presentation to Saudi Arabia’s hotel owners and investors at the Saudi Arabia Hotel Investment Conference (SHIC) in Riyadh.
 
MONTH-LONG VACATION RENTALS OFFER MANY ADVANTAGES TO THE DISCERNING TRAVELER
Press Release: Holiday Rentals — October 20th, 2019
Anyone who has stayed in a short-term vacation rental is well aware of the advantages of staying in a private home rather than traditional traveler lodging — better price, more flexibility, more space, more choices, and so forth..
 
MONTH-LONG VACATION RENTALS OFFER MANY ADVANTAGES TO THE DISCERNING TRAVELER
Press Release: Holiday Rentals — August 6th, 2019
Anyone who has stayed in a short-term vacation rental is well aware of the advantages of staying in a private home rather than traditional traveler lodging — better price, more flexibility, more space, more choices, and so forth..
 
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.
 
MONTH-LONG VACATION RENTALS OFFER MANY ADVANTAGES TO THE DISCERNING TRAVELER
Press Release: Holiday Rentals — May 6th, 2019
Anyone who has stayed in a short-term vacation rental is well aware of the advantages of staying in a private home rather than traditional traveler lodging.
 
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.
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