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The Voice of the Serviced Apartment Industry

International tourism to the United States dropped in 2016

By ASAP Newsdesk On 21st July 2017 · Add Comment · In Americas, Breaking News, Global News, Trending News
Since the 2008/9 global recession, tourist visits to the United States have been growing steadily year-on-year, but the rise came to a halt during 2016 with nearly two million fewer international visits. International arrivals from Canada, Mexico and overseas to the US fell for the first time since 2009, down 2.4% to 75.6 million. Visits [...]
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The surprising places where tourism is growing fastest

By ASAP Newsdesk On 28th June 2017 · Add Comment · In Americas, APAC, Breaking News, EMEA, Global News, Trending News
According to the United Nations World Tourism Organization, the world’s fastest growing travel destination is Sierra Leone which saw a 310% increase in overseas arrivals in 2016, compared with the previous year. Five other surprising nations where tourism is booming – at least in percentage terms, if not quantity – include South Korea, Moldova, Kiribati [...]
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Frasers Hospitality Group honoured as Leading Serviced Apartment Brand

By ASAP Newsdesk On 8th June 2017 · Add Comment · In APAC, ASAP Members, Breaking News, Frasers Hospitality, Front Page, Global News
Frasers Hospitality Group was recently awarded seven titles at the 2017 World Travel Awards for Asia & Australasia ceremony in Shanghai. Frasers Hospitality was recognised as the Leading Serviced Apartment brand for the second consecutive year in the Australasia category, also Indonesia’s Leading Serviced Apartment Brand, South Korea’s Leading Serviced Apartment Brand for the third time, [...]
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Ascott to debut Citadines brand with acquisition on New York’s Fifth Avenue

By ASAP Newsdesk On 8th May 2017 · Add Comment · In Americas, ASAP Members, Breaking News, Front Page, Global News, Serviced Apartment Openings, The Ascott Ltd
Ascott has acquired a prime property on New York’s Fifth Avenue in which it will invest around US$50 million to renovate and rebrand the Hotel Central as Citadines Fifth Avenue New York, launching in 2018. This will form Ascott’s first Citadines serviced residence in the US, following its recent entry into South America with two [...]
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Marriott to pilot communal living spaces in Element hotels

By ASAP Newsdesk On 15th February 2017 · Add Comment · In Breaking News, Insights, Trending News
Marriott is piloting communal living spaces through its mid-market Element brand, with a shared kitchen, dining room and lounge area connecting four guest rooms. At the end of last year, there were 23 Element hotels worldwide, 73 in the pipeline globally, 14 expected to open this year in locations including Seoul, South Korea, Seattle and [...]
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Ascott opens first Citadines serviced residence in Seoul

By ASAP Newsdesk On 5th August 2016 · Add Comment · In APAC, ASAP Members, Breaking News, Front Page, Global News, The Ascott Ltd, Trending News
Ascott has expanded its portfolio of serviced apartments in South Korea with the opening of the 149-unit Citadines Han River Seoul, its first Citadines-branded property in the city and its second in the country. Guests can choose from studio, deluxe studio and executive studio options, and make use of a fitness corner,  meeting room and [...]
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How elite Chinese Millennials prefer their luxury travel

By ASAP Newsdesk On 14th June 2016 · Add Comment · In Breaking News, Insights, technology, Trending News
A new report outlines how wealthy Chinese millennials have been, on average, to 13 countries and traveled abroad 3.3 times for leisure in the past year, for an average of 25 days. Focus group meetings among 500 consumers aged 25 to 36 across 12 Chinese cities showed travelers said they spent more than $50,000 per [...]
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Oakwood properties win TripAdvisor Travellers’ Choice Awards

By ASAP Newsdesk On 10th March 2016 · Add Comment · In APAC, ASAP Members, Breaking News, Front Page, Global News, Oakwood Asia Pacific, Tripadvisor
Various Oakwood Premier properties have been recognised by the TripAdvisor Travellers’ Choice lists, including two in South Korea, in Seoul and Incheon. In China, Oakwood Premier Guangzhou received awards both for the Hotel and service, and Oakwood is the only apartment provider which made it onto the Top Hotels award list in China. Read more: [...]
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A spotlight on the growing Japanese market for serviced apartments

By ASAP Newsdesk On 11th January 2016 · Add Comment · In APAC, ASAP Members, Front Page, Global News, Oakwood Asia Pacific, Serviced Apartments, Trending News, UK News
Serviced Apartments are becoming an attractive option for mid- to long-term guests in Japan, where Oakwood, a pioneer in the industry in the 1960s, manages apartments for business and leisure travelers in China, Hong Kong, India, Indonesia, Japan, South Korea, the Philippines and Thailand. In Tokyo, Oakwood is about to open its ninth property on [...]
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