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Serviced apartments continue to grow in China
Demand for serviced apartments has picked up as companies continue to grow their operations in China, said Savills in a recent report on the forecast of the China real estate market. The report...
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Oakwood to unveil second property in Guangzhou
Oakwood Serviced Apartments is poised to open its second property in Guangzhou – the 225-unit Oakwood Premier – in the second quarter of this year. The property, located close to the East Railway...
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The short-term private rental market is booming in China ever since it went...
The short-term private rental market is booming in China ever since it went online. Tourists who swarm into scenic destinations, traveling businessmen, students taking exams in distant cities, people...
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Fairmont Residences Chengdu Announced for 2013 in China
Fairmont Hotels & Resorts announced a new addition to its growing residential collection, Fairmont Residences, Chengdu, which is slated for completion in 2013. Fairmont Residences, Chengdu will...
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The Singapore-headquartered Ascott now operates 42 properties in 17 cities in...
Long popular with expat managers, top amenities and security now appeal to more Chinese, Han Tianyang reports. Ascott China, the world’s leading owner and operator of serviced residences, plans to...
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Ascott Deepens Its Presence In Guangzhou With Two New Contracts
CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has entered into a strategic alliance with Yuexiu Property Company Limited (Yuexiu Property), one of the largest...
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Serviced apartments expect tougher competition around Xiamen Hubinnan Rd
Over the last few years, the development of Xiamen’s hotel industry has advanced significantly. The Hubinnan Road Area, home to some star-rated hotels, including the Kempinski Hotel, Xiamen Minnan...
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Serviced apartments are gaining popularity in China
Serviced apartments are gaining popularity in China as international companies grow their operations. Also, more wealthy Chinese professionals are showing an interest in the market. “My place is in a...
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Growth in business from state firms emboldens the serviced apartment...
Global serviced apartment operator Frasers Hospitality is bent on fast expansion on the mainland after it reaped benefits from Beijing’s calls to curb extravagance in meals and business tours. Chief...
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Frasers Hospitality Pte Ltd Strengthens Position in China With Further Openings
China will continue to be a key growth area for Frasers Hospitality Pte Ltd (Frasers), which is on target to double its presence in China to 23 properties including those in the pipeline within the...
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Ascott more and more in China !!
The serviced residence will further reinforce Ascott’s leadership position as the largest international serviced residence owner-operator in China with about 9,300 apartment units in 52 properties...
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