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The Ascott Limited (Ascott)
Property
Ascott signs eight new properties under lyf brand
These properties, which total close to 1,500 units, are scheduled to open over the next four years.
January 09, 2024
Sustainability
Ascott, UN-formed tourism body train hospitality staff in sustainability
A total of 27 tourism professionals took part in the three-day sustainability course.
October 19, 2023
Sustainability
Ascott signs MOU with UN-formed body to train hospitality staff in sustainability starting October
The partnership with the Global Sustainable Tourism Council (GSTC) is expected to facilitate over 700 training hours.
July 20, 2023
Tourism
Ascott to open 70 properties globally in 2023
The 70 properties, which have close to 13,500 units, will span across all of Ascott’s brands, including lyf, Citadines and Oakwood
April 25, 2023
Company in the news
Ascott targets to double fee revenue to over $500 mil in next five years
The lodging business also announced that it has hit its target to secure 160,000 units by 2023.
April 20, 2023
Property
Ascott to debut The Crest Collection brand in Asia
To date, Ascott has secured over 1,000 units across eight properties under The Crest Collection.
January 30, 2023
New appointments
Ascott Limited appoints hospitality industry veteran Serena Lim as chief growth officer
Lim will report directly to Ascott’s CEO, Kevin Goh.
January 10, 2023
Sustainability
Ascott launches new sustainability framework, Ascott CARES
The expanded framework is centred around five pillars, community, alliance, respect, environment and supply chain.
November 17, 2022
Property
The Ascott Limited acquires first lyf asset in Tokyo via its serviced residence global fund
The acquisition follows the group’s signing of over 7,500 units in the 1HFY2022.
August 04, 2022
Property
Ascott acquires two properties in China and Netherlands for $190 mil through its serviced residence global fund
When fully deployed, the two new properties will bring Ascott’s total funds under management (FUM) to $9 billion.
March 23, 2022