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129. 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
130. Ascott to Take Over Management of 50-Unit Serviced Residence in Singapore
Ascott has snagged a prime property in one-north business park, Singapores 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.
131. Ascott Signs 875-Keys in Cebu and Pattaya
Ascott has won five contracts to manage 875 serviced apartment units in Cebu, Philippines and Pattaya, Thailand. Citadines Cebu City is slated to open in 2019, while the four new properties in Thailand Citadines North Pattaya, Citadines Central Pattaya, Citadines Jomtien Beach Pattaya and Somerset Wong Amat Beach Pattaya will be ready to welcome guests from 2018 onwards.
132. Ascott Signs Three New Serviced Residences in India
Ascott has signed a contract with Sandhya Hotels to manage three new serviced residences in India, the worlds third largest economy. Two properties are in the major technology cities of Hyderabad and Bangalore and a third serviced residence is in Sri City, less than an hours drive from Chennai.
133. Ascott Opens Vic3 Bangkok with THB 1,288 Promotion
Ascott has won the management contract for a 162-room property in Bangkok. The new Vic3 Bangkok will be operational from today, 12 January 2012. It is situated in Phaya Thai, within Bangkoks prime business and entertainment district.
134. Ascott Residence Trust Acquires Three Rental Housing Properties in Sapporo, Japan
Ascott Residence Trust (ART) has entered into agreements to acquire three freehold rental housing properties in central Sapporo for a total of JPY 6.78 billion (S$85.2 million). The three properties City Court Kita 1 jo, Big Palace Minami 5 jo, and Alpha Square Kita 15 jo are from unrelated third parties. Published by TravelNewsAsia.com on 1 June 2021.
135. Ascott Opens Somerset in Chengdu
Ascott Opens Somerset in Chengdu. Somerset Riverview, Chengdu is located within the downtown central business district along South Renmin Road. It sits next to the main artery connecting the downtown central business district to another major commercial area in the citys south which is a well-known venue for conventions and exhibitions. The property is also a 15-minute walk to the
136. Ascott Signs Citadines Aparthotels in Vietnam, Sabah and UAE
Ascott has secured contracts to manage its first Citadines Aparthotels in Vietnam, Sabah, Malaysia and the United Arab Emirates (UAE). The 200-unit Citadines Regency Saigon is slated to open in Ho Chi Minh in 2018, while the 253-unit Citadines Waterfront Kota Kinabalu is scheduled to open within the heart of the city in 2018. The 81-unit Citadines Culture Village Dubai will open i

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