Ascott’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Ascott owns and operates a chain of serviced residences. Read more

Ascott owns and operates a chain of serviced residences. Read more

Chee Koon Lee's photo - CEO of Ascott

CEO

Chee Koon Lee

CEO Approval Rating

87/100

Founded:

1984

Status:

PrivateSubsidiary of CapitaLand

Est. Annual Revenue
Est. Employees
Headquarters

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Oakwood is Ascott's #1 competitor. Oakwood is a Private company that was founded in 1960 in Phoenix, Arizona. Oakwood is in the Real Estate Development & Operations industry. Compared to Ascott, Oakwood has 1,499 fewer employees.

Frasers Hospitality is seen as one of Ascott's biggest rivals. Frasers Hospitality was founded in Singapore, Central Singapore} in 1998. Frasers Hospitality competes in the Travel Agency field. Compared to Ascott, Frasers Hospitality generates $757M less revenue.

Frasers Hospitality Trust is one of Ascott's top competitors. Frasers Hospitality Trust is headquartered in Valley, Other, and was founded in 2000. Frasers Hospitality Trust is in the Hotels field. Frasers Hospitality Trust generates 4.19% the revenue of Ascott.

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Growth Score - 1/1

Is $882M a good estimate for Ascott's revenue?

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Synergy Global Housing

Jul 2017

Source »
$33.7M
Synergy is a provider of serviced apartment and corporate housing solutions for business travelers.

-

-

May 2017

Source »
$50M
-
Temple Bar Hotel

Dec 2016

Source »
$83.6M
-
Citadines Apart'hotel

May 2004

Source »
undisclosed
Citadines offers lodging, hospitality, dining, meeting and event management services.

These are all the companies that Ascott has acquired. Ascott has acquired 4 companies and its latest acquisition was Synergy Global Housing in Jul 2017. Synergy is a provider of serviced apartment and corporate housing solutions for business travelers.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Parsyl develops an IoT supply chain data platform that provides cargo insurance, quality assurance and risk management solution for shippers.
$15M
Apr 14, 2020
Series A
-

These are all the companies that Ascott has invested in. Ascott has invested 4 companies and its latest investment was Synergy Global Housing in Jul 2017. Synergy is a provider of serviced apartment and corporate housing solutions for business travelers.

Ascott News

October 15, 2020The Business Times

CapitaLand's Ascott signs 12 more properties in China; enters Austria

CAPITALAND'S wholly-owned lodging business unit, The Ascott Limited, has secured more than 2,100 new ... See more »
October 9, 2020Hospitality Net

Ascott Streamlines Operations with RMS Enterprise

The Ascott Limited (Ascott), one of the world's leading lodging owner-operators, has completed its mi... See more »
October 9, 2020Business Traveller India

Ascott launches mobile app for loyalty programme members

Ascott says the new Discover ASR mobile app acts as a "one-stop 24/7 digital concierge for ASR member... See more »
October 6, 2020Travel Trade Gazette Mena

Ascott unveils new Discover ASR mobile app

The Ascott Limited (Ascott) has launched its new 'Discover ASR' mobile app for members of its loyalty... See more »
October 6, 2020The Business Times

Ascott launches app for rewards members

CAPITALAND'S wholly-owned lodging business unit The Ascott Limited has launched a mobile app for memb... See more »
September 11, 2020Focus on Travel News

Ascott Opens New Apart Hotel in London

CapitaLand's wholly-owned lodging business unit, The Ascott Limited (Ascott), has opened a new servic... See more »
September 10, 2020Global Travel Media

Ascott Expands Citadines Portfolio In Europe With New Islington Apart'hotel

CapitaLand's wholly owned lodging business unit, The Ascott Limited (Ascott), has opened Citadines Is... See more »

Ascott Press Releases

September 12, 2019Thailand Press Release News

ASCOTT STRENGTHENS SENIOR MANAGEMENT TEAM FOR ITS THAILAND AND LAOS CLUSTER

CapitaLand#s wholly owned serviced residence business unit, The Ascott Limited (Ascott) announces new... See more »
September 9, 2019Thailand Press Release News

ASCOTT THAILAND LAUNCHES ASCOTT VIRTUAL RUN 2019 TO SUPPORT SCHOOL CHILDREN LEARNING TO SWIM

Ascott International Management (Thailand) has partnered with Save the Children, the world#s leading ... See more »
March 11, 2019Thailand Press Release News

Ascott thailand surprises the link club members with a mini concert by #lipta at the annual thank you party.

The Ascott Limited (Thailand) shows an appreciation to The Link Club members by hosting an annual tha... See more »
February 26, 2019Thailand Press Release News

ASCOTT INTRODUCES A NEW PARADIGM OF CITY LIVING WITH THE PARK AT EM DISTRICT

CapitaLand#s wholly-owned serviced residence business unit, The Ascott Limited in Thailand continues ... See more »
February 25, 2019Thailand Press Release News

ASCOTT INTRODUCES A NEW PARADIGM OF CITY LIVING WITH THE PARK AT EM DISTRICT

Bangkok, Thailand, 25 February 2019 CapitaLand#s wholly-owned serviced residence business unit, The A... See more »
February 21, 2019Thailand Press Release News

ASCOTT THAILAND COMPLETES MILLION BAHT DONATION TO DOI WIENGPA PITTAYA SCHOOL IN CHIANG RAI

CapitaLand#s wholly-owned serviced residence business unit, The Ascott Limited in Thailand (Ascott Th... See more »
February 21, 2019Thailand Press Release News

Ascott thailand completes million baht donation to doi wiengpa pittaya school in Chiang rai

Thailand, 15th January 2019 CapitaLand#s wholly-owned serviced residence business unit, The Ascott Li... See more »

Ascott Videos

September 17, 2019Ascott Youtube Channel

"Live in lyf" on YOUTUBE

September 17, 2019Ascott Youtube Channel

"Your friendly host" on YOUTUBE

Social Statistics

Headquarters

168 Robinson Road Capital Tower, Unit 30-01

Singapore, Other068912

65-6713-2888

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Summary

ABOUT

Overview

Ascott owns and operates a chain of serviced residences. Ascott was founded in 1984. Ascott's headquarters is located in Singapore, Other, SG 068912. Ascott's CEO, Chee Koon Lee, currently has an approval rating of 87%. Ascott has an estimated 5.0K e...

CEO

Ascott's CEO, Chee Koon Lee, currently has an approval rating of 87%. Ascott's primary competitors are Oakwood, Frasers Hospitality & Frasers Hospitality Trust.

Website

the-ascott.com

Frequently Asked Questions about Ascott

  1. When was Ascott founded?

    Ascott was founded in 1984
  2. Who is Ascott's CEO?

    Ascott's CEO is Chee Koon Lee
  3. How much revenue does Ascott generate?

    Ascott generates $882M in revenue
  4. How much funding does Ascott have?

    Ascott has historically raised $0 in funding
  5. Where is Ascott's headquarters?

    Ascott's headquarters is in Singapore Other, SG
  1. How many employees does Ascott have?

    Ascott has 4,999 employees
  2. What sector does Ascott operate in?

    Ascott is in Real Estate Services
  3. Who are Ascott's competitors?

    Ascott's top competitors are Oakwood, Frasers Hospitality, Frasers Hospitality Trust
  4. Who has Ascott invested in?

    Ascott's has invested in companies such as Parsyl