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September 3, 2022
Liberal Twitter users responded to former CBS anchor Dan Rather's question about "what is going on" at CNN, telling him the network has gone "full MAGA."
August 15, 2022
Ascott Residence Trust (ART) is proposing to acquire nine quality serviced residences, rental housing and student accommodation properties across five countries from its sponsor, The Ascott Limited. At an estimated total capitalised cost of S$318.3 million[1], the yield-accretive acquisition is set to increase ARTâs distribution by S$9.2 million and its pro forma FY 2021 Distribution per Stapled Security by 2.8%[2].
July 5, 2022
/PRNewswire/ -- CapitaLand Investment Limiteds (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood...
July 4, 2022
CapitaLand Investment Limitedâs (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood Worldwide (Oakwood), a premier global serviced apartment provider, from Mapletree Investments Pte Ltd. The acquisition increases Ascottâs global portfolio by 81 properties and about 15,000 units. Oakwoodâs approximately 8,500 operational units are expected to immediately contribute to Ascottâs recurring fee income streams upon completion of the transact...
June 2, 2022
CapitaLand Investment Limitedâs (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) is acquiring its first lyf-branded coliving property in Sydney, Australia. The acquisition of the freehold asset is made via the Ascott Serviced Residence Global Fund (ASRGF)1, Ascottâs private equity fund with Qatar Investment Authority. This is ASRGFâs third investment in 2022, following the acquisition of Somerset Hangzhou Bay Ningbo and Citadines Canal Amsterdam in March 2022. To date,...
May 27, 2022
The Ascott Limited, Capitalands wholly owned lodging business unit in Thailand, announces the opening of Ascott
May 17, 2022
Ascott International Management in Thailand & Laos is pleased to announce that Ms. Manjindar Kaur has been appointed as Senior General Manager of the soon-to-open Ascott Embassy Sathorn Bangkok. Ms. Kaur has over 20 years of experience in the hospitality industry, managing hotels, resorts, and serviced residences with international brands such as Hyatt, Frasers, Accor, […]
May 2, 2022
The Ascott Group has opened its first serviced residence in Kilimani area in Nairobi, called the Somerset Westview Nairobi.
April 29, 2022
ASCOTT INTERNATIONAL MANAGEMENT THAILAND ANNOUNCES NEW APPOINTMENTS FOR DIRECTOR OF BUSINESS DEVELOPMENT, THAILAND & LAOS, AND GENERAL MANAGER, SOMERSET EKAMAI BANGKOK Ascott International Management in Thailand & Laos is delighted to announce the new appointment of Mr. Suthiroj (Chris) Sathitpornkitti as Director of Business Development and Mr. Bernard Siew as General Manager for Somerset Ekamai […]
April 5, 2022
In celebration of ASRâs third anniversary in April, ASR members can now earn points on qualifying bookings through Ascottâs reservation offices[2] via email, phone call and WeChat as well as authorised travel agents via Ascottâs Global Distribution System. Members can also earn points for walk-in bookings at more than 400 ASR participating properties in over 130 cities across more than 30 countries. These channels are in addition to Ascottâs booking website discoverasr.com and the Discov...