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The Voice of the Serviced Apartment Industry

Flexible living – a new hospitality trend

By ASAP Newsdesk On 26th April 2019 · Add Comment · In APAC, Breaking News, Global News, lifestyle, Trending News
A new concept for flexible living has been gaining ground amongst digital nomads, expats and locals around the world looking for longer-term, flexible, no-strings-attached accommodation, sharing with a like-minded community a suite of amenities and services. This article interviews the founder of the newly opened KeSa House which offers both short- and long-term flexible-living accommodations [...]
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Fraser Hospitality unveils Fraser Residence Orchard in the heart of Singapore

By ASAP Newsdesk On 16th April 2019 · Add Comment · In APAC, ASAP Members, Breaking News, Frasers Hospitality, Front Page, Global News, Serviced Apartment Openings, Trending News
ASAP Member Frasers Hospitality has launched Fraser Residence Orchard, offering deluxe studio, one-, two- and four-bedroom apartments, bringing its portfolio in Singapore to five. Read more:
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RMS Cloud wins tender to become exclusive PMS for Ascott

By ASAP Newsdesk On 12th April 2019 · Add Comment · In APAC, ASAP Business Partners, ASAP Members, Breaking News, EMEA, Front Page, Global News, RMS Europe Ltd, technology, The Ascott Ltd, Trending News
ASAP Business and Distribution Partner has won a highly competitive tender to become the sole Property Management System (PMS) for ASAP Member Ascott, following a pilot which began in early 2018 with three properties in Singapore, China and France – Ascott Orchard Singapore, Ascott Raffles City Chengdu and Citadines Bastille Marais Paris. The global rollout [...]
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Co-living operator Hmlet signs largest serviced apartment property, in Singapore

By ASAP Newsdesk On 10th April 2019 · Add Comment · In APAC, Breaking News, Global News, Serviced Apartment Openings
Co-living operator Hmlet has signed a new 150-room serviced apartment property in the Tanjong Pagar/Cantonment downtown area, across two 3-storey blocks. The development is set to open in July and will offer additional facilities including swimming pool, gym and all-day, in-house café.   Read more:
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Savills expands its Workthere coworking brand to US

By ASAP Newsdesk On 18th February 2019 · Add Comment · In Americas, ASAP Business Partners, Breaking News, Coworking, Global News, Savills, Trending News
ASAP Business and Distribution Partner Savills has announced the launch of Workthere, its listing platform helping businesses find flexible, coworking and serviced office space globally, in the US. Workthere launched in 2017 in the UK and now exists in seven countries, with local client teams in Singapore, Germany, France, Ireland and The Netherlands. The first [...]
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Foreign investment leads to 140 luxury UK hotel openings in last two years

By ASAP Newsdesk On 26th November 2018 · Add Comment · In Breaking News, Insights, Trending News
According to real estate law firm Boodle Hatfield, the number of 4-star and above hotels in the UK has risen by 140 over the last two years, while in contrast the number of 3 star and below fell by 110. The group said overseas investors, especially the Middle East and Singapore, have been key in [...]
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Ascott Residence Trust posts strong third quarter 2018 results

By ASAP Newsdesk On 1st November 2018 · Add Comment · In Americas, APAC, ASAP Members, Breaking News, Front Page, Global News, The Ascott Ltd, Trending News
ASAP Member Ascott’s Residence Trust (Ascott Reit) has posted a strong 3Q 2018, with Unitholders’ distribution and distribution per unit (DPU) rising by 8% to S$39.4 million and 1.82 cents respectively over 3Q 2017. Revenue grew 6% year-on-year underpinned by additional revenue from acquisitions in Singapore and New York, and higher revenue from existing properties in [...]
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Record number of companies shortlisted for 2018 ASAP Serviced Apartment Industry Awards!

By ASAP Newsdesk On 20th September 2018 · Add Comment · In ASAP awards, ASAP Convention, ASAP events, ASAP News, Breaking News, Front Page, Trending News
ASAP is delighted to announce that we received a record number of entries for the 2018 ASAP Awards Programme – and this year 98 companies from across 13 countries worldwide,  have been shortlisted, across the 10 different award categories. The shortlist was announced at ASAP’s autumn networking event at the Institute of Directors in London on Thursday [...]
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Ascott Residence Trust acquires maiden development site in Singapore for S$62.4 million

By ASAP Newsdesk On 20th September 2018 · Add Comment · In APAC, ASAP Members, Breaking News, Front Page, Global News, Millennials, Serviced Apartment Openings, The Ascott Ltd
Ascott Residence Trust (Ascott Reit) has acquired a prime greenfield site in Singapore’s research and innovation business hub, one-north, for its maiden development project. The 324-unit development is expected to open in 2021 and to be managed by ASAP Member Ascott under its co-living millennial-focused brand, lyf.
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Ascott Asia’s Leading Serviced Apartment Brand for third year running

By ASAP Newsdesk On 4th September 2018 · Add Comment · In APAC, ASAP Members, Breaking News, Front Page, Global News, The Ascott Ltd
Ascott was yesterday (3rd September) crowned ‘Asia’s Leading Serviced Apartment Brand’ for the third consecutive year at the World Travel Awards Asia & Australasia 2018, and was the biggest overall winner with 11 separate accolades. The ASAP Quality Accredited Operator Member was also named Leading Serviced Apartment Brand in Singapore, China and Hong Kong, in [...]
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