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Ascott acquires its first Silicon Valley hotel
The Domain Hotel is situated along Sunnyvale's primary thoroughfare, El Camino Real, that leads to San Francisco City and San Jose. The property is surrounded by numerous renowned corporations and startups including Apple's new headquarter campus.
Singapore
THE Ascott Limited (Ascott) on Thursday said it would acquire and refurbish The Domain Hotel, a freehold hotel in Silicon Valley, California, for a sum of S$81.5 million.
The aim is to capture the fast-growing demand from global technology companies and multinational...
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