The Ascott expands in Asia
Chris Bown
04 Oct 2024
Capitaland’s Ascott business is having a major growth push in southeast Asia, signing new aparthotels across its brand portfolio
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Capitaland’s Ascott business is having a major growth push in southeast Asia, signing new aparthotels across its brand portfolio
Following the launch of its Unlimited Collection, Ascott has refreshed the brand to focus on its key benefits for inquisitive travellers.
A partnership with Chelsea football club is part of a push into Europe by The Ascott, as it grows its presence in key city centres
Investors continue to appreciate the value of hotels in Paris, where the French capital has delivered consistently strong operational performance, recovering fully after the pandemic.
The latest information from the THP database reveals that at least 2,670 high end hotel projects are underway across the Asia Pacific region.
French capital Paris is ploughing US$789 million into high end hotel investment to prepare for its status as Olympic host city next year, according to the latest THP data.
Indonesia will require a healthy hotel pipeline as it continues to post a steady recovery in foreign visitor numbers.
Citadines, the aparthotel brand of CapitaLand Investment Limited’s The Ascott lodging business, will welcome at least US$1.2 billion worth of new sites, according to calculations from the THP database.
A robust high end hotel pipeline of at least 19,313 rooms will help Malaysian tourism back on its feet, according to the latest data from THP.
CapitaLand Investment’s lodging business, The Ascott Limited, reports it is on track to reach 160,000 keys by the end of this year.
CapitaLand Investment’s lodging business, The Ascott Limited, has secured four further global properties for The Crest Collection.
The Ascott Limited will launch its first property in Djibouti and 12th in Africa by entering into a partnership with local real estate group, Salaam Properties.
CapitaLand Investment’s lodging business The Ascott Limited has brought in an experienced executive to be its new chief growth officer.
CapitaLand Investment’s The Ascott Limited has unveiled a brand refresh for Somerset Serviced Residences.
Indonesia will be able to rely on a growing high end hotel pipeline as it seeks to recover its tourism industry after the ravages of the pandemic.
Singapore-based extended stay specialist The Ascott has outlined its strategy for accelerated growth.
Citadines, the aparthotel brand of CapitaLand Investment Limited’s The Ascott lodging division, is maintaining its focus on its Asian home market in its upcoming projects.
CapitaLand Investment Limited’s The Ascott Limited division has unveiled a refresh of its Citadines aparthotel brand, while it has 80 properties under development across 56 cities.
Hotel chains looking at Malaysia for further expansion are likely to welcome the country’s push to attract more digital nomads.
CapitaLand Investment Limited’s (CLI) lodging business unit, The Ascott Limited, has acquired a site in Tokyo to debut its lyf coliving brand in the city.
CapitaLand Investment Limited (CLI) lodging business, The Ascott Limited, is acquiring serviced apartment provider Oakwood Worldwide from Mapletree Investments.
According to the TOPHOTELPROJECTS construction database, the Somerset Serviced Residence brand is set to open more than 40 new properties.
According to insight from the TOPHOTELPROJECTS construction database, Italy expects to welcome 108 new four- and five-star hotels housing a total of 16,769 rooms.
Vietnam is set to welcome 54,038 new rooms according to insight from the TOPHOTELPROJECTS construction database.
Insight from the TOPHOTELPROJECTS construction database reveals significant growth for The Ascott Limited hotel group.
The metropolis linking Hong Kong to China’s mainland is set to welcome 44 new hotels over the coming years.
According to TOPHOTELPROJECTS data, Australia is on track to welcoming a significant 151 new four- and five-star hotels, altogether comprising 26,776 new rooms.
A deep dive into the TOPHOTELPROJECTS construction database indicates that the country has 60 hotel schemes in the works, of which a third are located in the capital.
A look through the TOPHOTELPROJECTS construction database shows that 2021 will end with a host of big launches, especially in the rapidly expanding APAC region.
A peek inside the TOPHOTELPROJECTS construction database reveals that many of Indonesia’s new hotel projects are concentrated around Jakarta and Bali.
The TOPHOTELPROJECTS construction database shows that APAC’s hotel market will grow rapidly in the coming years, with China way out ahead in terms of new development.
The TOPHOTELPROJECTS construction database highlights that Austria’s well-established hotel market will grow further over the coming years, especially in the capital Vienna.
The TOPHOTELPROJECTS construction database shows that dozens of four- and five-star hotel schemes are being lined up in the country, with nearly a third earmarked for Manila.
The TOPHOTELPROJECTS construction database reveals that Thailand’s hotel pipeline is looking promising, with established travel destinations set to see the most rapid growth.
According to data in the TOPHOTELPROJECTS construction database, Citadines Apart’hotels will grow its footprint considerably in the coming years, especially in APAC.
A peek into the TOPHOTELPROJECTS construction database shows that South-East Asia’s hotel market looks very promising, with Thailand, Vietnam and Indonesia all growing rapidly.
The TOPHOTELPROJECTS construction database shows that Singapore-based The Ascott will add 195 hotel and serviced-residence schemes to its portfolio in the coming years, with a strong focus on the APAC region.
According to the TOPHOTELPROJECTS construction database, 81 hotel schemes are currently on the cards across the Emerald Isle.
We examine how the development plans of eight of the world’s biggest hotel groups have been affected by the pandemic, using exclusive TOPHOTELPROJECTS stats.
We consider how coronavirus has affected the development slate of The Ascott, with the aid of exclusive data from the TOPHOTELPROJECTS database.
Lodging owner-operator The Ascott plans to dramatically grow its existing portfolio especially in the APAC region.
As Tauzia celebrates its 19th anniversary, the Jakarta-headquartered hotel operator has detailed proposals for a raft of exciting new openings across Asia.
The TOPHOTELPROJECTS construction database reveals Citadines Apart’hotels will expand rapidly in the coming years, especially in APAC where the demand for serviced apartments is growing enormously.
In this exclusive TOPHOTELPROJECTS analysis, we look at how Covid19 has affected the expansion plans of The Ascott and Ascott Residence Trust.
May has been a crazy month with Covid19’s impact becoming ever more apparent, but the TOPHOTELPROJECTS database shows there were still plenty of new hotel openings.
According to TOPHOTELPROJECTS, The Ascott Limited will expand its portfolio by 150 projects with over 28,585 rooms globally.
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