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9. Frasers Hospitality Opens Third Property in Kuala Lumpur, Malaysia
Frasers Hospitality has expanded its portfolio in Malaysia with the opening of its third property, Fraser Residence Kuala Lumpur. The 445-unit serviced residence is Frasers Hospitality’s largest serviced residence to date. The opening of Fraser Residence Kuala Lumpur, which follows the launch of Capri by Fraser, Kuala Lumpur / Malaysia in 2014 and Fraser Place Kuala Lumpur in 2010,
10. Ascott Becomes Singapore’s Largest Serviced Residence Operator
Ascott is investing S$170.3 million, through its serviced residence global fund with Qatar Investment Authority (QIA), in the serviced residence component of the Funan integrated development in Singapore. Of the S$170.3 million, the fund is acquiring the land for the serviced residence component from CapitaLand Mall Trust (CMT) for S$90.5 million and developing the Singapore flagsh
11. Bookings now being taken at InterContinental Residence Suites Dubai Festival City
Bookings now being taken at InterContinental Residence Suites Dubai Festival City. The InterContinental Residence Suites Dubai Festival City which is now in the final stages of completion has started to take bookings for stays from 1 November 2007 onwards. For travellers looking for up-scale, extended residential accommodation, InterContinental Residence Suites Dubai Festival City
12. Ascott Signs New Serviced Residence in Hai Phong, Vietnam
Ascott Signs New Serviced Residence in Hai Phong, Vietnam. The Ascott Group has signed a contract to manage a serviced residence property in Vietnam’s third largest city, Hai Phong. This latest addition to Ascott’s portfolio increases the number of units to 1,182 across seven serviced residence properties in three cities. Five properties are already operational in Hanoi and Ho Chi
13. Ascott to Double Asset Size of Ascott Residence Trust to S$2.85 Billion
Ascott to Double Asset Size of Ascott Residence Trust to S$2.85 Billion. Ascott has, through its subsidiaries, entered into conditional sale and purchase agreements to divest 28 of its serviced residence properties to Ascott Residence Trust (Ascott Reit) for a sale consideration of S$969.6 million. The divestment consists of 26 serviced residences in Europe and one property each in
14. First Residence Inn by Marriott Opens in Costa Rica
First Residence Inn by Marriott Opens in Costa Rica. Marriott has opened its first Residence Inn by Marriott hotel in Central America. The Residence Inn by Marriott San Jose Escazu in Costa Rica is operated under a management agreement with Caribe Hospitality.
15. Northgate Ratchayothin Serviced Residence in Bangkok launches THB 2,500 Promotion
Northgate Ratchayothin Serviced Residence in Bangkok launches THB 2,500 Promotion. The newly opened Northgate Ratchayothin Serviced Residence in Bangkok has launched an introductory promotion. Northgate Ratchayothin Serviced Residence is located in the Chatuchak District in northern Bangkok. It is conveniently located by the main road, providing easy access to the city’s major busi
16. Ascott Opens First Serviced Residence in Cambodia
Ascott has opened its first serviced residence in Cambodia. The CASA Meridian Residence, in Phnom Penh’s up-and-coming residential and retail hub of Diamond Island (Koh Pich), offers 75 fully-furnished residences on the top 13 floors of the 34-storey integrated development CASA by Meridian, which also comprises a high-end shopping mall, premium office spaces and wellness facilities

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