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Latest news about Ascott - 10 Minutes News for Hoteliers

Latest news about Ascott

Follow The Ascott Limited in one feed. This hub gathers the latest news and developments across Ascott’s serviced residences and hotel brands worldwide, curated from trusted sources. Stay on top of a global leader in serviced apartments.

  • WiT Singapore Highlights AI's Growing Role in Travel; AirAsia, Expedia, and ixigo Reveal Strategic Shifts

    WiT Singapore Highlights AI’s Growing Role in Travel; AirAsia, Expedia, and ixigo Reveal Strategic Shifts

    7 October 2026

    📈 WiT Singapore celebrated its 21st anniversary last week, highlighting AI’s growing role in travel. Over 50% of US travelers and 68% globally use AI for travel decisions, yet only 8% are confident booking through it. AirAsia’s CEO Tony Fernandes, facing a jet fuel price crisis, aims for a unique travel platform soon. Klook, profitable since last year, sees 60% of merchants offline. Hotel 101 employs just 30 staff for its 680-room Madrid property. Trust remains key amidst technological shifts.

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  • FHS World Hospitality Investment Summit to Return to Ras Al Khaimah in 2027 at Wynn Al Marjan Island

    FHS World Hospitality Investment Summit to Return to Ras Al Khaimah in 2027 at Wynn Al Marjan Island

    1 October 2026

    📅 In November 2027, FHS World will return to Ras Al Khaimah at Wynn Al Marjan Island, United Arab Emirates. The summit will host 1,200 delegates, including 250 investors and 200 speakers from over 60 countries. The event will feature a 7,708 square-metre venue with a 2,633 square-metre ballroom. Since its previous editions in 2018 and 2019, FHS World has evolved into a global hospitality investment platform. Further details, including the full programme, will be announced soon.

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  • Clermont Hotel Group CEO Gavin Taylor Discusses London Market, Luxury Redefinition, and Gordon Ramsay Partnership

    Clermont Hotel Group CEO Gavin Taylor Discusses London Market, Luxury Redefinition, and Gordon Ramsay Partnership

    29 September 2026

    🏨 Gavin Taylor, CEO of Clermont Hotel Group, discusses the challenges of managing iconic London properties. With his background in finance and operations, he focuses on leadership and guest experience. In the competitive London hotel market, Clermont is redefining luxury, exemplified by collaborations such as bringing Gordon Ramsay’s Hell’s Kitchen to The Cumberland.

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  • FHS World 2026 Opens in Dubai, Hosts Over 200 Investors Managing $6 Trillion in Assets

    FHS World 2026 Opens in Dubai, Hosts Over 200 Investors Managing $6 Trillion in Assets

    29 September 2026

    📅 FHS World 2026 kicked off in Dubai from September 29 to October 1, attracting 1,000 delegates from 50 countries. The event features 170+ speakers and 200+ investors with over USD $6 trillion in assets. Approximately 25% of investors attend for the first time, and 40% come from outside the GCC. The summit includes more than 30 seminars and the FHS Awards, where Sheikh Ahmed bin Saeed Al Maktoum presented a Lifetime Achievement Award to Sir Tim Clark.

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  • Future Hospitality Summit 2026 in Dubai to Host 200 Investors With Over $5 Trillion in Assets

    Future Hospitality Summit 2026 in Dubai to Host 200 Investors With Over $5 Trillion in Assets

    28 September 2026

    🌏 September 28, 2026, Madinat Jumeirah, Dubai hosts Future Hospitality Summit World 2026, drawing over 200 investors managing USD$5 trillion. 25% are first-time attendees, 40% from outside the GCC. Investor sentiment has shifted towards disciplined asset selection amid geopolitical risks and construction cost inflation. Morocco’s tourism surged to 19.8 million in 2025, with a 2030 target of 26 million. FHS World, spanning September 29 to October 1, includes networking and investment opportunities, focusing on future hospitality trends.

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  • GCC and North Africa to Add 200,000 Hotel Rooms by 2030, Boosting Supply by 27% with $90 Billion Investment

    GCC and North Africa to Add 200,000 Hotel Rooms by 2030, Boosting Supply by 27% with $90 Billion Investment

    23 September 2026

    🏨 Saudi Arabia leads the Middle East hotel expansion with 110,000 rooms, constituting 50% of the pipeline, spanning Riyadh, Makkah, and NEOM. The GCC and North Africa foresee a 27% room supply boost by 2030, with 200,000 new rooms worth $90 billion. Egypt follows with 42,000 rooms, while the UAE focuses on Dubai’s luxury projects. The Future Hospitality Summit occurs in Dubai from September 29 to October 1, 2026, emphasizing sustainable, competitive hospitality ecosystems.

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  • CapitaLand Investment Acquires ibis Hong Kong for HKD2.3 Billion; Conversion to Student Accommodation Planned

    CapitaLand Investment Acquires ibis Hong Kong for HKD2.3 Billion; Conversion to Student Accommodation Planned

    21 September 2026

    📈 CapitaLand Investment Ltd acquired the 550-key ibis Hong Kong Central and Sheung Wan for HKD2.3 billion, equating to HKD4.2 million per key. Star Asia Investment Management purchased KOKO Hotel Osaka Shinsekai for JPY3.926 billion, and sold Washington R&B Hotel Umeda East for JPY3.01 billion. Banyan Tree Holdings gained a 70% stake in Newmark Hotels for ZAR756 million. Megaworld targets 12,000 hotel keys by 2032, with a PHP27 billion asset infusion into MREIT.

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  • His Excellency Abdulla bin Touq Al Marri and Sir Tim Clark Honored at FHS World for Leadership in Tourism and Aviation

    His Excellency Abdulla bin Touq Al Marri and Sir Tim Clark Honored at FHS World for Leadership in Tourism and Aviation

    21 September 2026

    📅 September 29-October 1, 2026, Madinat Jumeirah, Dubai: At FHS World, His Excellency Abdulla bin Touq Al Marri and Sir Tim Clark were honored. Abdulla bin Touq received the FHS Leadership Award for advancing UAE’s economy and tourism since 2020. Sir Tim Clark earned the FHS Lifetime Achievement Award as Emirates Airline President since 2003. The awards recognize their pivotal roles in regional tourism and aviation. The ceremony will occur on September 29 at 11:50 AM.

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  • Future Hospitality Summit 2026 in Dubai to Highlight Wellness and Longevity as Major Growth Drivers in Hospitality

    Future Hospitality Summit 2026 in Dubai to Highlight Wellness and Longevity as Major Growth Drivers in Hospitality

    18 September 2026

    💡 Future Hospitality Summit (FHS) World 2026, occurring from September 29 to October 1 in Dubai, emphasizes wellness in hospitality. Hotels with major wellness offerings doubled Total Revenue per Available Room compared to others in 2024. Experts discuss wellness as a growing asset class, highlighting increased expectations from travelers for personalized wellness experiences. Wellness tourism is set to grow 9.1% annually, with longevity travel reaching $44 billion by 2030. Longevity and wellness are driving shifts towards integrated lifestyle and hospitality…

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  • FHS World 2026 in Dubai to Host Over 100 Global Industry Leaders, Including UAE Minister, from September 29.

    FHS World 2026 in Dubai to Host Over 100 Global Industry Leaders, Including UAE Minister, from September 29.

    9 September 2026

    📅 29 September to 1 October 2026, Madinat Jumeirah, Dubai hosts FHS World 2026, featuring over 100 global hospitality leaders. H.E. Abdulla bin Touq Al Marri delivers the keynote on the UAE’s growth in tourism and investment. The agenda covers investment, sustainability, and technology. Networking includes the FHS Dealroom and Investor Breakfast. FHS Living debuts, highlighting investment across seven asset classes. The event concludes with the FHS Leadership Award, celebrating hospitality pioneers.

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  • RateGain's Navigator Scans Over 800 Channels, Offering Real-Time Rate Intelligence for Hotels Across $340 Billion Industry

    RateGain’s Navigator Scans Over 800 Channels, Offering Real-Time Rate Intelligence for Hotels Across $340 Billion Industry

    25 August 2026

    🏨 Hotel competitor rate shopping provides real-time market visibility by monitoring competitor room rates across over 800 channels, allowing hotels to make informed pricing decisions. This $340 billion industry practice includes understanding terms like comp set, rate parity, and RevPAR. By 2030, direct booking channels are projected to overtake OTAs. Tools like RateGain’s Navigator process 1.2 billion rate shops and 143 million price searches, offering insights into demand surges and parity gaps, ultimately optimizing revenue management.

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  • Hilton, TUI, and Marriott Lead European Hotel Growth, Adding Nearly 60,000 Rooms by January 2026

    Hilton, TUI, and Marriott Lead European Hotel Growth, Adding Nearly 60,000 Rooms by January 2026

    21 August 2026

    📊 As of January 1, 2026, Europe’s top 50 hotel groups manage nearly two million rooms across 15,000 properties, marking a net rooms growth of over 153,000 and a net unit growth rate of 8.4%. Hilton, TUI, and Marriott lead with significant gains, adding 23,979, 19,456, and 16,221 rooms respectively. While mid-sized groups like Hesperia (+87.9%) and Sercotel (+73.7%) show impressive growth, a dozen groups faced declines, indicating market consolidation.

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  • CapitaLand Ascott Trust to Acquire 212-Room Coliwoo Midtown in Singapore for SGD134 Million

    12 August 2026

    💰 CapitaLand Ascott Trust (CLAS) acquires Coliwoo Midtown in Singapore for SGD134 million, approximately SGD632,000 per key, on a 51-year leasehold. The six-story property features 212 rooms and will operate under a 10-year lease with annual rental indexation. Koramco and Paradise Group purchased K Square Hongdae in Seoul for KRW150 billion, planning redevelopment. MIRAI acquires Randor Hotel Kyoto Suites for JPY3.55 billion, with a 4.6% yield. Chi Residences 314 in Hong Kong sold for HKD174 million.

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  • Mount Royal Hotel Edinburgh Joins The Unlimited Collection After Completing Renovation of 169 Rooms

    11 June 2026

    🏨 Mount Royal Hotel Edinburgh has transformed into part of The Unlimited Collection after refurbishing 169 rooms. Located on Princes Street, it becomes the seventh global site under The Ascott Limited, alongside properties in Dublin, Vietnam, and Singapore. Glasgow’s Bell and Swift led the renovations, inspired by train carriages and travel chests. Guests will enjoy Scottish-themed packages, including poetry, a bagpiper, and local food events. The new restaurant and bar, Eidyn, will feature whisky and gin masterclasses.

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  • Leading Hotel Groups Invest in Unified Data Architectures to Enhance AI Integration and Operational Efficiency

    Leading Hotel Groups Invest in Unified Data Architectures to Enhance AI Integration and Operational Efficiency

    10 June 2026

    📊 Jun 10, 2026, hotel groups focus on unified data to enhance AI capabilities. By integrating systems such as PMS, CRS, and CRM into a centralized architecture, hotels address data fragmentation, improving real-time operations and decision-making. Centralized data enhances guest profiling, forecasting, and operational planning. Cloud platforms aid modernization, making AI initiatives easier to scale. Effective data architecture emerges as a key competitive advantage, allowing seamless data sharing across hotel technology ecosystems.

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  • Mount Royal Hotel Edinburgh Completes Refurbishment and Joins The Unlimited Collection with New Scottish-Inspired Experiences

    Mount Royal Hotel Edinburgh Completes Refurbishment and Joins The Unlimited Collection with New Scottish-Inspired Experiences

    2 June 2026

    🏨 UK: Mount Royal Hotel Edinburgh finalized its transition to The Unlimited Collection by The Ascott Limited after refurbishing the historic Princes Street location. The 169-room hotel now features design inspired by Scotland and offers locally-focused guest experiences. New offerings include Eidyn restaurant, whiskey masterclasses, and curated excursions. This marks the seventh global addition to The Unlimited Collection portfolio, which includes hotels in Dublin, Singapore, and Vietnam.

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  • Hyatt Centric City Centre Kuala Lumpur Opens in 2024, Showcasing Heritage-Inspired Design by Silverfox Studios

    Hyatt Centric City Centre Kuala Lumpur Opens in 2024, Showcasing Heritage-Inspired Design by Silverfox Studios

    28 May 2026

    🏨 Hyatt Centric City Centre Kuala Lumpur opened in 2024 at Menara Hap Seng complex. 🏨 Designed by Silverfox Studios, this 22-storey hotel blends lush green architecture with a historical nod to Kuala Lumpur’s tin-mining past. 🌿 Part of Hyatt’s fastest-growing brand, spanning 51 hotels worldwide, it caters to “savvy” travelers. 🌍 Features include graffiti by Jefr, biophilic architecture, and a rooftop bar @21 with an infinity pool. 🌆 Surrounded by 24 luxury hotels, it emphasizes cultural authenticity.

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  • The Ascott Limited Achieves Full GSTC Certification for European Portfolio, Targets Energy, Water, and Asset Management Investments

    20 May 2026

    📈 Frédéric Carré, Director of European Operations, leads The Ascott Limited’s CSR strategy across 30 countries. By 2030, Ascott aims to meet the CapitaLand and Ascott Sustainability Masterplan’s targets. In Europe, their portfolio is GSTC Standards certified, aligning with the EU Green Deal and UN Goals. Local regulations, like France’s Tertiary Decree, are tailored into this framework. Their approach integrates building, operation, and team efforts for sustainable management.

    Read more…


  • Simple Social Media Strategies for Hotels Can Increase Engagement and Bookings by Focusing on Authenticity and Execution

    Simple Social Media Strategies for Hotels Can Increase Engagement and Bookings by Focusing on Authenticity and Execution

    5 May 2026

    📷 Social media marketing for hotels can be simplified with key strategies: 1) Capture authentic moments before perfection, like a chef prepping or housekeeping in action. 2) Use comments and DMs to generate content ideas. 3) Film vertically for reusable content. 4) Transform one guest’s stay into multiple posts. 5) Repurpose content with different hooks. 6) Add specifics like prices in captions for clarity. 7) Utilize imperfect footage for authenticity. Execution is key to gaining market share.

    Read more…


  • Seven Simple Social Media Strategies for Hotels to Boost Engagement and Drive Bookings

    Seven Simple Social Media Strategies for Hotels to Boost Engagement and Drive Bookings

    5 May 2026

    📷 Hotels, in their social media marketing, can benefit from these tips: film during setup (not just when perfect), use comments/DMs for content ideas, shoot vertical videos, and turn guest experiences into multiple posts. Repeat content with tweaks, include specific pricing and details, and use authentic footage—even if imperfect. Simple execution can outperform overthinking, giving agile hotels a competitive edge.

    Read more…


  • TikTok Begins Testing Hotel Metasearch, Potentially Revolutionizing Hotel Distribution Through OTA Integrations

    TikTok Begins Testing Hotel Metasearch, Potentially Revolutionizing Hotel Distribution Through OTA Integrations

    30 April 2026

    📰 The Peninsula redefines luxury as time control, enhancing guest schedules through direct bookings. TikTok enters hotel distribution, initially using OTA integrations, promoting lesser-known locations. Google’s price tracking reveals poor revenue management. Dubai hotels opt for temporary closures for renovation, boosting confidence. AI’s impact on hospitality is debated, with solid data layers being crucial. Small hotel brands excel in quality over quantity but face growth challenges. Marketing must focus on entertainment and broad exposure rather than precision for engagement.

    Read more…


  • Millennium Hotels and Resorts Appoints Cinn Tan as Chief Commercial Officer to Oversee Global Strategy for 145 Hotels

    Millennium Hotels and Resorts Appoints Cinn Tan as Chief Commercial Officer to Oversee Global Strategy for 145 Hotels

    7 April 2026

    📈 Millennium Hotels and Resorts appointed Cinn Tan as chief commercial officer in January 2026. Tan oversees 145 hotels globally, focusing on branding, marketing, loyalty, and sales. With over 30 years of experience across Asia Pacific, China, Europe, and the US, she has held senior roles at Jin Jiang International and The Ascott Limited. Millennium, a subsidiary of City Developments in Singapore, operates brands like The Biltmore and Grand Millennium. Tan aims to strengthen brand positioning and drive growth.

    Read more…


  • Hospitality Industry Shifts Focus to 'Hushpitality,' Prioritizing Mental Calm and Simplicity in Guest Experiences

    Hospitality Industry Shifts Focus to ‘Hushpitality,’ Prioritizing Mental Calm and Simplicity in Guest Experiences

    1 April 2026

    🏨 Travel is shifting towards ‘hushpitality,’ prioritizing mental quiet and rest over packed itineraries. This emerging trend emphasizes creating environments that foster calm by removing unnecessary activities. It’s seen in boutique hotels and resorts that favor simplicity and wellness experiences focused on guest well-being. Success lies in reducing friction and structured offerings, aligning with the emotional rather than operational aspects of hospitality. The key is delivering genuine calm and space, not adding more to the travel experience.

    Read more…


  • Hotel Marketing Teams Struggle Due to Lack of Testing and Revenue-Driven KPIs, Not Creativity

    Hotel Marketing Teams Struggle Due to Lack of Testing and Revenue-Driven KPIs, Not Creativity

    25 March 2026

    📰 Hotel marketing teams are struggling due to a lack of discipline, not creativity. 🔍 No real testing or KPIs tied to revenue. 🚫 Instead, many opinions and unproductive meetings. Inconsistent content is losing visibility in an AI-driven world. Successful brands are constantly testing and scaling effective strategies. 💡 The key is a process: test, eliminate failures, scale successes, and link everything to revenue. 📈 Without this, it’s just noise, not marketing. ✨

    Read more…


  • The Ascott Limited Secures €54.2m Facility to Develop 235-Key Lyf Hotel in Dublin’s The Liberties

    11 March 2026

    🏨 A 235-key hotel in The Liberties, Dublin, secured €54.2m (£46.79m) from Maslow Capital. Singapore-based Ascott Limited will operate it under the Lyf brand. Set on Fumbally Lane, it spans eight stories and 0.5 acres, offering standard rooms and studio units with kitchenettes. Amenities include a café, lounge, and co-working spaces. Maslow Capital praised the collaboration with MM Capital and SCIO Capital, citing Dublin’s strong visitor demand and attractive development opportunities.

    Read more…


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