ASAP Quality Accredited Operator Member Ascott’s growth gathers momentum in the US after it has invested $81.5 million to acquire and refurbish The Domain Hotel, a freehold hotel in Silicon Valley, California.

After phased refurbishment, the 136-unit hotel will be rebranded to Citadines Cupertino Sunnyvale in 4Q 2018, the second Citadines-branded property in the US following the Citadines Fifth Avenue New York to be launched next year. This is also the fourth acquisition in the country within five months, more than tripling last year’s portfolio to over 2,900 units in the US.

News release - Ascott acquires freehold hotel in Silicon Valley