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1. Home2Home Expanding Ovolo Serviced Apartment Brand in Hong Kong
Home2Home Expanding Ovolo Serviced Apartment Brand in Hong Kong. Hong Kong serviced apartment group Home2Home is to re-brand its property portfolio under the name of its flagship, Ovolo. This follows the acquisition of two additional serviced apartment buildings from rival operator Kush Living. This makes Ovolo one of the largest owner operators in the buoyant Hong Kong serviced ap
2. Ovolo Partners 3R Hospitality
Ovolo Partners 3R Hospitality. Hong Kong serviced apartment brand Ovolo has engaged 3R Hospitality Partners to help facilitate the expansion of the brand across Asia Pacific. Ovolo recently acquired two new apartment buildings to become one of Hong Kong’s largest independent serviced apartment operators with 174 ‘designer residences’ in five apartment blocks on Hong Kong Island.
3. AED 600m Luxury Hotel and Residential Apartment Complex to be developed on Al Marjan Islands in
AED 600m Luxury Hotel and Residential Apartment Complex to be developed on Al Marjan Islands in Ras Al Khaimah. With aims to leverage the booming tourism sector, AAKAR Marjan Island LLC, an emerging leader in luxury community developments in the Middle East, has confirmed that its AED 600 million luxury hotel and residential apartment complex located on the largest island of the 'A
4. Oaks to Open Apartment Hotel in Broome
Oaks to Open Apartment Hotel in Broome. Oaks Hotels & Resorts is preparing to open a premium corporate and leisure apartment hotel in Broome, Western Australia.
5. Shama opens its Eighth Serviced Apartment Property in Hong Kong
Shama opens its Eighth Serviced Apartment Property in Hong Kong. Shama has opened its eighth serviced-apartment property in Hong Kong, the Shama Fortress Hill. The Shama Fortress Hill is the brand’s latest addition to its already seven-strong Hong Kong portfolio with buildings in Causeway Bay, Central, Hollywood Road, Midlevels, Soho, Wanchai and Tsim Sha Tsui.
6. Ascott Signs Five More Properties in China
Ascott has crossed its milestone of having 12,000 apartment units in China by securing contracts to manage five more properties with 1,000 apartment units in Yinchuan, Changsha, Shenyang and Xi’an. The 200-unit Citadines Xingqing Yinchuan, 150-unit Somerset Xingqing Yinchuan and 164-unit Somerset Riverside Changsha mark Ascott’s entry into the high-growth Chinese cities of Yinchuan
7. Ascott Reaches 35,000-Apartment Milestone; Signs 4 More Properties in China
Ascott has secured contracts to manage four more properties in China with over 900 apartment units in Taiyuan, Beijing, Shanghai and Dalian. The 170-unit Ascott Taiyuan is slated to open in 2018, the 195-unit Ascott Riverside Garden Beijing and 342-unit Somerset Sunland Shanghai are both slated to open in 2016, and an operating property in Dalian which has been rebranded as a 195-u
8. ONYX Hospitality Acquires Shama
ONYX Hospitality Acquires Shama. ONYX Hospitality, a Thailand-based hotel management company, has acquired Shama, one of Asia’s leading, luxury, boutique serviced apartment providers. The acquisition illustrates the commitment from ONYX to stretch its operations beyond the Thai domestic market and swell its capabilities into the serviced apartment sector - a sector experiencing rap

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