Ascott on Monday announced it is launching four properties in Singapore this year, adding 846 units to the lodging scene. The properties to open this month are lyf Funan Singapore, followed by Citadines Balestier Singapore and Ji Hotel Orchard Singapore. Citadines Rochor Singapore is expected to open in December.
SINGAPORE (Sept 2): Ascott Limited, CapitaLand’s wholly-owned lodging business unit, is about to be the largest serviced residence operator in Singapore with a record number of openings this year as well as the signing of its first Citadines Connect business hotel.
Including Citadines Connect City Centre Singapore, which was secured under a franchise agreement, the group’s portfolio would increase to more than 3,100 units across 17 properties in Singapore.
