Ascott sets sights on Japan market to fuel growth
THE Ascott Limited, CapitaLand Investment’s (CLI) lodging business unit, sees strong potential coming from Japan, a market poised for further growth post-pandemic.
Ascott bags over 20 new signings under Oakwood portfolio since H2 2022
THE Ascott Limited, CapitaLand Investment’s (CLI) lodging business unit, has secured over 3,000 units across more than 20 properties under its Oakwood...
Ascott, CapitaLand Wellness Fund acquire freehold hotel in Bugis
THE Ascott, CapitaLand Investment’s (CLI) lodging business unit, and CapitaLand Wellness Fund have jointly acquired a freehold hotel with each holding a...
Ascott looks to develop revenue streams beyond rooms, grow luxury offering
THE Ascott Limited is looking to diversify its revenue streams ahead of its 40th anniversary next year.
CapitaLand Ascott Trust proposes renewal of three French master leases
CAPITALAND Ascott Trust (Clas) on Monday (Oct 9) said it will seek approval from stapled securityholders for several interested person transactions at...
Ascott plans to double number of global-branded properties in China by 2028
THE Ascott Limited (Ascott) aims to double its portfolio of assets bearing its global brands in China by 2028, and plans to...
Ascott dials up hospitality experiences to capture demand, counter business volatility
THE Ascott Limited (Ascott), known for its serviced apartments, will be deepening its hospitality experiences across its properties worldwide as the company...
Ascott targets to double fee revenue to over S$500 million in next five years
CAPITALAND Investment’s (CLI) lodging arm The Ascott plans to achieve fee revenue of more than S$500 million over the next five years...
Ascott acquires co-living asset in Tokyo via private equity fund
CAPITALAND Investment’s wholly-owned lodging business, The Ascott, will acquire a freehold asset in Tokyo, Japan through its private equity fund with the...
CapitaLand Investment’s bet on return of travel to pay off
CapitaLand Investment (CLI) is banking on the resurgence of the hospitality sector, with its lodging arm The Ascott announcing this month that...