News and Press

ASCOTT OPENS FIRST PROPERTY ON JEJU ISLAND EXPANDS ITS NETWORK IN SOUTH KOREA

Somerset Jeju Shinhwa World set within an integrated resort comprising a theme park, gaming facilities, retail outlets and MICE facilities.  CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott) is opening Somerset Jeju Shinhwa World, its first property on Jeju Island on 25 April 2017. Somerset Jeju Shinhwa World marks Ascott’s fourth property …

Cheval Residences to operate Doha serviced apartments

Cheval Residences has signed an agreement with Qatar Industrial Manufacturing Company (QIMC) to manage a 350-unit aparthotel in Doha’s West Bay. The property, which opens in 2020, will be Cheval’s first outside the UK, and also the first it manages for a third-party owner. Cheval West Bay ApartHotel, on Doha’s Corniche waterfront, is part of …

ASCOTT ADVANCES INTO SOUTH AMERICA WITH ITS FIRST TWO FRANCHISE PROPERTIES IN BRAZIL THE REGION’S LARGEST ECONOMY

TAS Alliance member,  The Ascott Limited (Ascott) steps up its global expansion as it breaks into South America with franchise agreements for two serviced residences in São Paulo, Brazil. Vitacon, a leading real estate company in São Paulo, will franchise and operate the 92-unit Citadines VN Jardins São Paulo and 122-unit Citadines VN Faria Lima …

GCP Hospitality opens a new 130 key serviced apartment building in Shenzhen

  Residence G Shenzhen GCPHospitality has opened a 178-room serviced apartment and hotel in Shenzhen’s Nanshan District. Accommodations range from studios to three-bedroom residences decked out in a modern European design, as well as IPTVs and complimentary Wi-Fi. The 11th floor is home to a restaurant and bar, while the 10th floor is dedicated to …

Residence Inn by Marriott set to open two new London properties

Marriott International today announced the expansion of its extended-stay brand, Residence Inn by Marriott, with the signing of two new properties in London. With additional openings in Amsterdam and Aberdeen this year, Residence Inn expects to more than double its European portfolio in 2017. The opening of Residence Inn London – London Bridge expected in …

TFE hotels to open first Adina Apartment Hotel Grand in Canberra

TFE Hotels will operate a beautiful new Adina Apartment Hotel Grand, Canberra, further expanding the brand’s operation to the Australian Capital Territory. The contemporary new design hotel will be part of an exciting $300 million development by Capital Property Group at the corner of Constitution Place and London Circuit, where two purpose-built buildings will set …

BridgeStreet Global Hospitality opens first Stüdyo in the heart of London

BridgeStreet Global Hospitality has introduced its first StÜdyo property in central London with a daytime event at the property in Paddington. BridgeStreet’s affordable Stüdyo at Paddington offers single and double rooms with rates that start from at £65 per night, shared common spaces including laundry room and full kitchen with dining space and independently owned …

Green light for serviced apartments at Shepherds Bush Palladium

The historic Shepherds Bush Palladium – once home to one of London’s earliest cinemas – is to be converted into serviced apartments by Dorsett Hospitality International. Planning permission has been granted for the addition of eight storeys to the building, built in 1910, to accommodate 74 apartments, which will sit alongside 8,500 sq ft of …

A HUGE thank you to all our friends, colleagues and partners – YOU did it!

Understanding, respecting and celebrating the value of our global networks and the support that they can provide to us as individuals, teams and companies was never felt more than last night at the Service Apartment Awards. Our CEO, Charlie McCrow received an incredible number of votes that awarded him the prestigious and celebrated ‘Industry Inspirational …

Adagio announces three new openings in Brazil and Germany

Aparthotels ADAGIO®, the European leader in the aparthotel market, is continuing to expand, with three new openings in international markets, two in Brazil in the cities of Barueri (São Polo State) and Salvador (Bahia), and one opening in Frankfurt, Germany. Aparthotels ADAGIO®, enjoys dynamic international development The Adagio brand continues to expand internationally with a …