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Oakwood® Strengthens Safety Protocol With New Mandate: Face Mask Required In Public Areas For All Guests, Associates And Vendors

Oakwood®, a wholly owned subsidiary of Mapletree Investments (“Mapletree”), today announced a new safety measure that requires all guests, associates and vendors to wear face masks in all indoor public areas. … Continue Reading

Ascott’s coliving brand lyf gains momentum with six new properties signed in Australia, China and the Philippines

CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott) continues to see strong demand for its coliving brand ‘lyf’, which caters to a growing segment of millennials who seek flexibility, value and enriching community experiences. … Continue Reading

Ascott Residence Trust Reports Distributable Income Of S$32.6 Million In 1h 2020

Ascott Residence Trust (ART) reported a distributable income of S$32.6 million in 1H 2020 amidst the COVID-19 pandemic. … Continue Reading

Ascott Residence Trust Sells Ascott Guangzhou And Citadines Didot Montparnasse Paris For Over S$190 Million

Ascott Residence Trust (ART) has entered into two conditional agreements to divest Ascott Guangzhou in China and Citadines Didot Montparnasse Paris in France to two unrelated third parties respectively, for a total of about S$191.4 million. … Continue Reading

Frasers Hospitality reopens properties worldwide with #FraserCares commitment to guests

Frasers Hospitality, a member of Frasers Property Group, is reopening its worldwide property portfolio with #FraserCares driving robust new measures dedicated to ensuring the health, safety and well-being of guests and staff. … Continue Reading

Oakwood Launches Global “Clean360” Program, Setting a New Standard for Cleaning and Safety

Oakwood®, a wholly owned subsidiary of Mapletree Investments (“Mapletree”), announced today the launch of Oakwood Clean360, a global program that details the brand’s commitment to meeting the health and safety challenges of COVID-19. … Continue Reading

Togetherness is the new luxury – new trend emerging in hotel stays

As travel restrictions in Australia begin to relax, SKYE Suites has seen its booking pick up and self-contained apartment hotels become more popular than ever as friends and extended family seek to reconnect. A new trend is starting to emerge: “togetherness” is the new luxury. … Continue Reading

Ascott Residence Trust To Join FTSE EPRA Nareit Global Developed Index

Ascott Residence Trust (ART), the most geographically diversified and largest hospitality trust in Asia Pacific, will be included in the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index) from 22 June 2020. … Continue Reading

Ascott to future-ready lodging offerings for continued growth in a post COVID-19 landscape

CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), will review the design of its lodging products and services to ensure they are future-ready for continued growth in a post COVID-19 landscape. … Continue Reading

Oakwood® Fortifies Brand Presence In Indonesian Capital

Oakwood®, a wholly owned subsidiary of Mapletree Investments (“Mapletree”), today announced the opening of its third property in Jakarta, Indonesia. … Continue Reading

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