Articles tagged “ascott”

Hotels

What’s Driving India’s Premium Hotel Occupancy – India Report

Several factors are driving the demand for hospitality industry in India, especially domestic tourism. ICRA expects this robust demand to lead to strong growth in FY2025.

What’s Driving India’s Premium Hotel Occupancy – India Report

Daily Lodging Report

Ascott to Add 8 Lyf-Branded Properties

CapitaLand Investment's the Ascott Limited, is adding eight new properties to its lyf brand portfolio. The additions mark Ascott’s expansion into various global city and resort destinations including Bali, Penang, and Sydney.

Daily Lodging Report

The Ascott Limited Unveils The Crest Collection in Asia

The Ascott Limited has debuted The Crest Collection brand in Asia with the opening of three properties in Singapore, Indonesia and Malaysia between August and October.

Daily Lodging Report

Ascott to Double Over Five Years

The Ascott Limited, a unit of CapitalLand Investment Limited, has achieved its target to secure 160,000 units by 2023 with the signing of over 4,000 units in 1Q this year.

News Blog

Singapore’s Ascott to Acquire Serviced Apartment Company Oakwood

Singapore-based Ascott is buying global serviced apartment provider Oakwood Worldwide from Mapletree Investments, increasing its global portfolio by 81 properties and about 15,000 units. Terms of the deal were not disclosed. The acquisition is set to be completed in the third quarter of 2022, after which 8,500 Oakwood operational units are expected to immediately contribute…

Business Travel

New Office Design Experiments for When the Remote Work Dream Fizzles

A new hospitality think tank wants commercial real estate firms to help it redesign offices, betting the remote work trend won't last.

New Office Design Experiments for When the Remote Work Dream Fizzles

Business Travel

How Asia’s Pandemic Recovery Will Dismantle the Corporate Extended Stay Model Globally

Co-living, second-tier cities and apps that create sub communities — there’s a shake-up on the horizon and hospitality companies can learn lessons from Asia.

How Asia’s Pandemic Recovery Will Dismantle the Corporate Extended Stay Model Globally

Business Travel

When Work From Home Turns Into Work From a Hotel Suite: The New Corporate Travel

Freed from the shackles of the office, the emerging "work from anywhere" trend is tempting for employees — and hotels. Some employers might have a different view.

When Work From Home Turns Into Work From a Hotel Suite: The New Corporate Travel

Business Travel

How the CEOs of 2 Big Travel Agencies See a Massive Upside to Companies Switching to Virtual

There's been mostly a negative perception of coronavirus' impact on corporate travel, but there are some unintended consequences that smarter agencies can actually look forward to.

How the CEOs of 2 Big Travel Agencies See a Massive Upside to Companies Switching to Virtual