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- 113. Ascott Conferred Business Superbrands Status in Singapore
Ascott, a leading serviced residence company, has been conferred the coveted Business Superbrands status in Singapore. The accolade is presented to brands that have met the stringent standards set by the Superbrands organisation in the areas of achievement, innovation, market share, reputation and corporate social responsibility. Brands are evaluated by Superbrands’ independent pan
- 114. Ascott Partners Samsung to Offer Guests a Smart Living Experience
Ascott has unveiled plans to design a next-generation serviced residence that will offer guests a seamless smart living experience. Technology will be used to enable guests to control and manage devices within the serviced residence through a single application which connects personal and home devices — from refrigerators and washing machines to smart TVs, smartphones and even wear
- 115. Ascott Opens Citadines Millennium Ortigas Manila
Ascott has opened the 293-unit Citadines Millennium Ortigas Manila, its seventh property in Philippines and the first in Ortigas Center, a key central business district in Metro Manila. Citadines Millennium Ortigas Manila is located in the heart of Ortigas Center, home to government buildings and top local and multinational corporations including the Asian Development Bank, Jollibe
- 116. Ascott Accelerates Growth of Citadines Brand in China with Manachise JV
Ascott is stepping up the expansion of its Citadines brand in China through a joint venture with one of China’s leading hotel operators Huazhu Hotels Group (Huazhu) and Huazhu’s subsidiary and an apartment rental firm, CJIA Apartments Group (CJIA).
- 117. Ascott Secures First Franchise Agreements
Ascott has secured its first franchise agreements in Vientiane, the capital city of Lao People’s Democratic Republic, and Bali, Indonesia. The agreements are for an operating serviced residence in Vientiane that will be rebranded as a 116-unit Somerset Vientiane in Q4 2014, and a 194-unit Citadines Kuta Beach Bali that is scheduled to open in August of this year.
- 118. Ascott Signs to Establish At Least 5,000 Citadines-Branded Units in São Paulo, Brazil
Ascott has signed franchise agreements for two serviced residences in São Paulo, Brazil. Vitacon, a leading real estate company in São Paulo, will franchise and operate the 92-unit Citadines VN Jardins São Paulo and 122-unit Citadines VN Faria Lima São Paulo.
- 119. Ascott Signs Seven New Management Contracts
Ascott has signed seven new management contracts, adding over 1,500 apartment units to its portfolio. The deals are for properties in Bangkok in Thailand, Hanoi in Vietnam, and Petaling Jaya in Malaysia while venturing into Bandung in Indonesia, Penang and Shah Alam in Malaysia, and Nha Trang in Vietnam as demand for serviced residences heats up. The company has also celebrated the
- 120. Ascott to Take Over Management of 50-Unit Serviced Residence in Singapore
Ascott has snagged a prime property in one-north business park, Singapore’s research & development hub which houses more than 400 companies, through a lease awarded by JTC Corporation. The 50-unit serviced residence is currently operating and will be rebranded to Citadines Fusionopolis Singapore from 1 April 2016.
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