Ascott Group News

Ascott boosts Asia pipeline with new partnerships

Ascott boosts Asia pipeline with new partnerships

9 April 2018 Hotel News

The Ascott is accelerating its expansion in Asia by forging strategic partnerships with leading developers in China, Japan and Thailand to manage apartments currently under development as well as future projects by these companies.

Chen to lead Somerset Ekamai Bangkok

Chen to lead Somerset Ekamai Bangkok

12 February 2018 Hotel News

With over 20 years of hospitality experience, Chen has previously worked with Ascott, having started with the company in Singapore in the year 2004 before assignments in Beijing, Bangkok, and Hanoi as the residence manager of the Somerset West Lake property.

The Ascott seeks to double in size over next five years

The Ascott seeks to double in size over next five years

29 January 2018 Hotel News

Hot on the heels of its recent signing of nine management contracts in China, Ascott has clinched contracts to manage another four properties with 1,200 units in new cities such as Malacca in Malaysia and Davao in the Philippines while deepening its presence in Guangzhou in China and Cebu in the Philippines.

Ascott reaches 20,000 unit target early as China expansion continues apace

Ascott reaches 20,000 unit target early as China expansion continues apace

4 January 2018 Hotel News

Ascott has exceeded its target of 20,000 units for China in 2017, ahead of its planned schedule of 2020, as it sealed contracts to manage nine properties with over 2,000 units in the country. With these new properties, Ascott made inroads into new cities such as Harbin and Zhuhai, and widened its presence in Chongqing, Foshan, Shanghai and Wuxi.

Ascott opens third property in Shenzhen, China

Ascott opens third property in Shenzhen, China

20 November 2017 Hotel News

Ascott is expanding its presence in China with the opening of its third property in Shenzhen. Located in Nanshan District, the city’s technology and industrial hub, Ascott Raffles City Shenzhen is part of CapitaLand’s flagship Raffles City integrated development.