Ascott
Ascott is a Singapore lodging business. It is a fully-owned subsidiary of CapitaLand Investment. Ascott's portfolio spans over 200 cities across over 30 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA.
Ascott has more than 78,000 operating units and over 57,000 units under development, making a total of more than 135,000 units in 800 properties.
Ascott announces 28 new signings in SEA
Ascott announces 28 new signings in SEA
The lyf brand has also added two new properties in Singapore.
Ascott revamps The Unlimited Collection portfolio with new cultural offerings
The Unlimited Collection currently has 11 properties across Asia, Europe, and the Middle East.
Ascott expands property portfolio in Europe
Six new ones were added.
Ascott and SG Enable partner to enhance disability inclusion in hospitality
The initiative will provide workforce training and enhance inclusive spaces.
Ascott and Warees team up for 90-unit co-living lyf Chinatown Singapore
The property will open in mid-2026.
SBR Technology Excellence Awards 2024 Winner: The Ascott Limited
Jasmine Sim, Vice President/Brand & Marketing at The Ascott Limited, spotlights their Gen AI chatbot, Cubby, designed to better meet customer needs. Cubby has already enhanced guest experiences by handling over 60,000 inquiries, supporting both guests and live chat agents.
Citadines Connect City Centre seeks to offset booking woes with TA Network deal
The partnership will enhance the handling of payments with travel agencies and more.
Ascott clinches SBR Technology Excellence Awards 2024 for AI chatbot
Cubby reimagines the guest journey with a GenAI-powered virtual ‘travel buddy’.
SREITs’ retail, office, hospitality saw strong recovery in Q4 2023: analyst
Hospitality and retail will continue to benefit from visitor arrivals and domestic spending.
Ascott REIT issues $120m notes due 2029
The notes are priced at 3.69% per annum.
Bob Tan to retire as board chairman of CapitaLand Ascott Trust
Lui Chong Chee will succeed Tan on 22 April 2024.
Ascott reports record-high $331m fee earnings in 2023
It also reported the highest number of property openings in a single year.
Ascott, C-WELL acquire Bugis hotel, to relaunch under lyf brand
The planned lyf Bugis Singapore is expected to launch in mid-2024.
Ascott launching 8 new lyf properties over next four years
The new properties are located in Singapore, Malaysia, Bali, Sydney, Tokyo, and Frankfurt.
Ascott’s The Crest Collection debuts in Asia at 3 destination cities
The Crest Collection has over 1,500 units that are operating and in the pipeline.
CLAS seeks acquisition of $530.8m lodging assets in the UK, Dublin, and Jakarta
The proposed acquisition is 1.8% accretive to Distribution per Stapled Security (DPS).
Ascott, GSTC ink deal to jointly train hospitality professionals on sustainability
The parties will facilitate over 700 hours of training in the last quarter of 2023.
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