Ascott Group

CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) has launched lyf one-north Singapore, its first coliving property in one-north, Singapore’s research and innovation hub. The 324-unit lyf one-north Singapore will be an integral part of one-north, meeting the hospitality and coliving needs of many innovative start-ups, research and development firms […]

Grand Hyatt Changsha Location: In a 61-story tower overlooking Xiang River on Xiangjiang Road in Changsha, the capital of Hunan province Grade: Luxury Keys: 354 Facilities: Five restaurants and bars, including a Chinese barbecue, plus an indoor swimming pool and 24-hour fitness centre Meeting space: More than 3,400m² of event space including a 1,160m² grand […]

Ascott, the serviced apartment giant operated by Singapore-based CapitaLand, has confirmed its second major acquisition in the space of a month. The company has agreed to purchase an 80% stake in Synergy Global Housing, a leading accommodation provider in the US. The acquisition will approximately triple Ascott’s American portfolio from just over 1,000 units to […]

Citadines Bayfront Nha Trang Location: In a seafront development on Tran Phu Street, in Vietnam’s popular resort town Grade: Upscale serviced residence Keys: 310 studios and one-bedroom apartments Facilities: Swimming pools, gymnasium, residents’ lounge, business centre, children’s playroom, yoga room and restaurant Meeting space: Ballroom and meeting rooms available They say: “Citadines Bayfront Nha Trang… […]

Citadines Millennium Ortigas Manila Location: In Ortigas Center, one of Metro Manila’s main financial districts Grade: Upscale serviced residence Keys: 293, ranging from studios to three-bedroom units Facilities: Residents’ lounge, swimming pool, fitness centre, restaurants and a garden deck Meeting space: One divisible meeting room that can hold up to 250 people They say: “Bringing […]

Ascott has secured seven new contracts in China, taking its total portfolio in the country to more than 100 properties. The Singapore-based serviced apartment operator has penned deals for its first properties in Kunming and Yichang, as well as additional locations in Chongqing, Dalian, Shenzhen and Xuzhou, comprising more than 1,300 apartments. “China remains Ascott’s […]

Ascott has unveiled plans for the first three properties under its new brand, Lyf, which is designed for the millennial market. Having unveiled the new concept last November, and set up a “living lab” to trial the concept in Singapore, Ascott has now signed its first three Lyf serviced residences. The 112-unit Lyf Wu Tong […]

The Ritz-Carlton Astana Location: In the Talan Towers, a new luxury complex in the square around the Bayterek Tower, the monument in the centre of Kazakhstan’s capital city Grade: Luxury Keys: 130 plus 27 residences Facilities: Three restaurants, including one on the 18th floor, a spa, swimming pool and fitness centre Meeting space: Three meeting […]

Mercure Kuala Lumpur Shaw Parade Location: Pudu, on the fringe of KL’s Bukit Bintang retail and entertainment area Grade: Upper-midscale Keys: 213 Facilities: Restaurant, lobby lounge, rooftop pool with bar, fitness centre Meeting space: Three meeting rooms accommodating up to 60 guests They say: “Mercure Kuala Lumpur Shaw Parade blends local charms with modernity” We […]

Ascott Marunouchi Tokyo Location: Connected to Otemachi Station, in the main Marunouchi-Otemachi area of central Tokyo Grade: Luxury serviced residence Keys: 130, ranging from studios to three-bedroom units Facilities: Swimming pool, gymnasium, rooftop terrace, reading lounge, business centre Meeting space: Function rooms available They say: “We are confident that the serviced residence will be a […]

Ascott has created a new “living lab” to test its new social apartment brand, lyf. First unveiled in November 2016, lyf is being created for – and by – the millennial market in partnership with the Singapore Management University (SMU). The project, called “lyf@SMU”, will simulate a lyf property and let students test its various […]

Ascott, the Singapore-based serviced apartment operator, has started the year strongly by securing contracts for another six properties in China. The company has expanded its portfolio in Changsha, Shenzhen, Tianjin and Wuhan, while also entering two new markets, Handan and Xuzhou. The six new serviced residences add more than 1,200 keys to Ascott’s Chinese inventory. […]