Ascott Strengthens Middle East Management

by Mahak Mannan | 18 Mar 2019

The Ascott Limited (Ascott) has bolstered its Dubai-based executive team by appointing Cyril Warsono as business development manager to assist in increasing the portfolio of properties across the Middle East and Turkey. Originally from Indonesia, Warsono is a seasoned hospitality professional with more than 20 years of international experience across all facets of the industry

Ascott to open two new hotels in Saudi Arabia

by Patrick Ryan | 24 Apr 2018

The Ascott Limited (Ascott) has announced the opening of two properties in Saudi Arabia later this year

Ascott opens first serviced apartments in Turkey

by Patrick Ryan | 23 Aug 2017

The Ascott Limited (Ascott) has opened its first serviced apartments in Turkey, the Somerset Maslak Istanbul. The 165-unit property is part of the new Maslak 1453, a lifestyle development complex in Europe spanning more than two million m². “We are excited to open Ascott’s first serviced residence in one of the world’s most vibrant and dynamic cities,

Ascott launches co-living concept

by Patrick Ryan | 20 Jun 2017

The Ascott Limited (Ascott), has secured contracts to manage its first three properties under the new lyf brand in China and Singapore, aimed squarely at the co-living market. This marks the launch of Ascott’s new co-living concept in China as the company seeks to capture the millennial market and shape the future of travel. If

Ascott to manage Al Khobar property

by Patrick Ryan | 20 Mar 2017

The Ascott Limited has unveiled plans to manage the Citadines-branded property located in central Al Khobar in Saudi Arabia.  Citadines Al Khobar will comprise 54 one-bedroom apartments with various layouts. Managed and operated by Ascott, facilities will include a breakfast area, residents’ lounge and fully equipped gym. Ascott country general manager of Middle East and Turkey Vincent

Ascott inks deal for string of serviced hotels in Saudi Arabia

by Sophia Soltani | 10 Oct 2016

The Ascott Limited (Ascott), has revealed plans for a string of hospitality projects in Saudi Arabia. Ascott, and The United Spectrums Holding Company, inked a management contract for Ascott Makkah and Spectrum Serviced Residences in Jeddah with both projects set to open in 2017. The 280-unit Ascott Makkah is located on Al Masjid Al Haram

Ascott inks deal with Qatar Investment Authority for first serviced apartments in Melbourne

by Sophia Soltani | 18 Jul 2016

The Ascott Limited (Ascott), is acquiring its first serviced residence in Docklands, Melbourne as part of its A$500 million strategic partnership with Quest Apartment Hotels (Quest), one of the largest serviced apartment operators in Australia. The 221-unit property will be acquired for A$71 million through a 50:50 joint venture between Ascott and Qatar Investment Authority

Ascott opens its first serviced residence in Saudi Arabia

by Dina Maaty | 27 Sep 2015

CapitaLand’s wholly owned serviced residence business unit , The Ascott Limited (Ascott), has opened its first serviced residence in the Kingdom of Saudi Arabia. Vincent Miccolis, Ascott’s area general manager for the GCC region, said: “The opening of Ascott Tahlia Jeddah marks a key milestone for Ascott. It is the first of five Ascott serviced residences

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