News Articles

Keep up-to-date with what's happening within the sector



Auckland aparthotel sold to Malaysian investors

Posted on Tuesday, October 16 2018

New Zealand: The Waldorf Stadium Apartment Hotel in Auckland’s CBD has sold to Malayasian-owned Mulpha Group for NZ$59 million.

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Hong Kong Citadines development sold for US$93 million

Posted on Tuesday, October 16 2018

China: Hong Kong developer Hanison Construction has bought Citadines Harbourview Hong Kong from Ascott parent company CapitaLand.

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Ascott opens first Somerset property in Phnom Penh

Posted on Tuesday, October 16 2018

Cambodia: Ascott has opened the Somerset Norodom, its first Somerset-branded serviced apartments in Phnom Penh.

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Accor appoints Tisdall to extended stay SVP role

Posted on Tuesday, October 16 2018

Singapore: AccorHotels has appointed Jeff Tisdall as senior vice president development residential and extended stay.

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The Reverie Saigon adds serviced apartments

Posted on Tuesday, October 16 2018

Vietnam: The Reverie Saigon, a five-star hotel which opened in 2014, has added 89 serviced apartments to its offer.

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Shama opens Shanghai apartments

Posted on Tuesday, October 16 2018

China: Shama Hongqiao Shanghai, situated within the Greater Hongqiao Area in Shanghai, is now welcoming guests.

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Ascott’s lyf brand heads to the Philippines

Posted on Friday, December 8 2017

Developer Cebu Landmasters has signed a deal with The Ascott Ltd. to build a 153-room lyf property in Cebu City.

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Ascott completes renovation of Bangkok property

Posted on Thursday, November 23 2017

Ascott has completed an extensive renovation of the Citadines Sukhumvit 11 Bangkok.

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1589 Hotels moves in to serviced apartment market

Posted on Thursday, November 23 2017

1589 Hotels, part of Clarks Hotel Group, has announced a major expansion plan which includes its first serviced apartments.

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Cristal Group adds to Saudi serviced apartment portfolio

Posted on Monday, November 20 2017

Cristal Group has entered into a management agreement with Bayat Company for Hotel Services to operate Bayat Suites by Cristal.

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