Ascott Group News Page 10
Anthony Khoo, senior vice president brand & marketing, The Ascott
Anthony Khoo, senior vice president brand & marketing, The Ascott, talks to Breaking Travel News on Day 1, at ITB 2014.
Ascott continues strong growth in China
CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured contracts to manage three more properties, adding 567 apartment units in China, including its first serviced residence in Hefei. The 250-unit Somerset Swan Lake Hefei is slated to open in 2017 while the 150-unit Ascott Nanbin Chongqing and 167-unit Somerset Software Park Xiamen are both slated to open in 2015.
Ascott signs deal for Ireo City Gurgaon property
Ascott has secured a contract to manage its first Ascott-branded serviced residence in India. Slated to open by 2016, the 160-unit Ascott Ireo City Gurgaon is also Ascott’s first serviced residence in Gurgaon. The management contract was awarded by Ireo Private, the flagship Special Purpose Vehicle of the IREO Funds, India’s first and largest private equity fund dedicated to the Indian real estate sector.
The Ascott launches new mobile booking app
The Ascott has launched new web and mobile booking features to enhance guests’ search and reservation experience. Guests can now better navigate Ascott’s properties worldwide through user-friendly search functions, filters and reservation options.
Ascott to expand presence in Philippines with Manila property
The Ascott has increased its presence in the Philippines by securing a contract to manage a serviced residence in Alabang, a major business district in Metro Manila. The 150-unit Somerset Alabang Manila is slated to open in 2017. It will reinforce Ascott’s position as the largest international serviced residence owner-operator in the Philippines with more than 1,400 apartment units across eight properties.
The Ascott boosts China offering with Wuxi properties
CapitaLand’s wholly-owned serviced residence business unit, The Ascott, has entered Wuxi in China by securing contracts to manage two serviced residences in the city. The 134-unit Ascott Central Wuxi and 169-unit Somerset Wuxi are slated to open in the second half of 2015. The new properties in Wuxi will further strengthen Ascott’s leadership position as the largest international serviced residence owner-operator in China with more than 8,600 apartment units in 48 properties across 19 cities.
New chief executive for the Ascott
CapitaLand has announced its wholly-owned serviced residence business unit, The Ascott, has appointed Lee Chee Koon as its chief executive with effect from June 1st 2013. He will succeed Chong Kee Hiong who has resigned to pursue other opportunities.
Ascott rolls out free wi-fi to customers
The Ascott, the world’s largest international serviced residence owner-operator, is offering free internet access to all guests who book its apartments at Best Available Rates. Free internet will be available across more than 100 properties under the Ascott, Citadines and Somerset brands worldwide.
Alain Ferracani, Vice President Sales & Marketing, Europe, Ascott
Alain Ferracani, Vice President Sales & Marketing, Europe, Ascott, speaks to Breaking Travel News at ITB Berlin 2013.
Ascott Limited launches Citadines Suites
The Ascott Limited (Ascott), the world’s largest international serviced residence owner-operator, will launch Citadines Suites early 2013 in Paris. Citadines Suites Louvre Paris will be the first property under Ascott’s new category of boutique serviced residences adding a third and upper tier to the existing Citadines Apart’hotel and Citadines Prestige labels in Europe.
New appointment for Ascott
Ascott has appointed Joanna Fisher as the new regional director of sales & marketing in London to run the sales & marketing operation for all three brands: Ascott The Residence; Citadines Apart’hotel; Somerset Serviced Residence.
Ascott to acquire SNC Costes K
CapitaLand owned serviced residence provider The Ascott has agreed to acquire SNC Costes K, which owns the prime Hotel K and an adjacent vacant residential property in Paris. The deal is based on an agreed asset value of €65 million (approximately S$118.4 million).