Ascott

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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
$882M
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Est. Employees
4,999
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Headquarters

ASCOTT TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

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Ascott's company profile
Chee Koon Lee's photo - CEO of Ascott

Chee Koon Lee

CEO

87/100
4,999
$0
$882M
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1
Ascott's Competitor - Oakwood logo
Christopher Ahearn's photo - CEO of Oakwood

Christopher Ahearn

CEO

79/100
3,500
- -
$2.5B
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2
Ascott's Competitor - Frasers Hospitality logo
Koh Teck Chuan's photo - CEO of Frasers Hospitality

Koh Teck Chuan

CEO

- -
1,366
- -
$125M
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3
Ascott's Competitor - Frasers Hospitality Trust logo
CEO Avatar

CEO

- -
192
- -
$37M
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4
Ascott's Competitor - Citadines Apart'hotel logo
Lee Chee Koon's photo - CEO of Citadines Apart'hotel

Lee Chee Koon

CEO

82/100
67
- -
$3M
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5
Ascott's Competitor - Silverdoor International Serviced Apartments logo
Marcus Angell's photo - Managing Director of Silverdoor International Serviced Apartments

Marcus Angell

Managing Director

92/100
179
- -
$100.4M
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6
Ascott's Competitor - Hyatt logo
Mark S. Hoplamazian's photo - President & CEO of Hyatt

Mark S. Hoplamazian

President & CEO

69/100
139,000
$4.3B
$1.9B
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7
Ascott's Competitor - Furnished Quarters, LLC logo
Steven Brown's photo - CEO of Furnished Quarters, LLC

Steven Brown

CEO

75/100
160
- -
$92.5M
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8
Ascott's Competitor - National Corporate Housing logo
Tom Atchison's photo - Founder & CEO of National Corporate Housing

Tom Atchison

Founder & CEO

87/100
163
- -
$208.1M
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9
Ascott's Competitor - SACO - The Serviced Apartment Company Limited logo
CEO Avatar

Stephen Hanton

CEO

- -
10
- -
$10M
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Missing a competitor? Contribute!

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.

Ascott 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.
Quest Serviced Apartments Pty Ltd

Jul 2017

Source »
$137.2M
Quest owns and operates a chain of apartment hotels.

-

Hotel Central Fifth Avenue New York

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 5 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.

Ascott Funding History

No recent funding data found related to Ascott

Ascott 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
-

These are all the companies that Ascott has invested in. Ascott's latest investment was Parsyl in Apr 14,. Parsyl develops an IoT supply chain data platform that provides cargo insurance, quality assurance and risk management solution for shippers.

Ascott News

June 21, 2021Hospitality Net

Ascott Boosts Fund Assets Under Management With Acquisition Of Two Properties In France And Vietnam For S$210 Million Through Ascott Serviced Residence Global Fund

The acquisition in Paris is a freehold asset which will be refurbished to introduce Ascott's first co... See more »
June 21, 2021The Business Times

Ascott to buy two properties in Paris, Hanoi for S$210m via private equity fund

THE Ascott will spend S$210 million to acquire two properties in France and Vietnam through the Ascot... See more »
June 16, 2021TravelDailyNews Asia

Ascott opens Japan's first lyf coliving property in the vibrant Fukuoka City

Ascott opens Japan's first lyf coliving property in the vibrant Fukuoka City tKoumelis Wed, 06/16/202... See more »
June 16, 2021REITsWeek

Ascott Residence Trust further expands exposure to student housing with South Carolina foray

Ascott Residence Trust (ART) and The Ascott Limited (Ascott) are jointly investing and developing a 6... See more »
June 15, 2021Hospitality Net

Ascott Opens Japan's First Lyf Coliving Property In The Vibrant Fukuoka City

CapitaLand's wholly owned lodging business unit, The Ascott Limited (Ascott), will be opening lyf Ten... See more »
June 8, 2021Hotel Owner

Ascott launches Tele-Travel Health Advisory Services

The Ascott has announced the launch of its new Tele-Travel Health Advisory Services for its guests. I... See more »
May 30, 2021Hospitality Net

Ascott Is World's First Hospitality Company To Offer Global Telehealth, Telecounselling And Travel Security Advisory To Guests

CapitaLand's wholly owned lodging business unit, The Ascott Limited (Ascott), is the first hospitalit... See more »

Ascott Press Releases

October 18, 2019Thailand Press Release News

ASCOTT THAILAND COMPLETES VIRTUAL RUN 2019 IN SUPPORT OF SAVE THE CHILDREN

Ascott International Management (Thailand) held their Virtual Run Awards Ceremony at Somerset Park Su... See more »
October 16, 2019Thailand Press Release News

ASCOTT OPENS SOUTHEAST ASIAS LARGEST COLIVING PROPERTY LYF FUNAN SINGAPORE

CapitaLand#s wholly owned lodging business unit, The Ascott Limited (Ascott), has opened lyf Funan Si... See more »
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 »

Ascott Videos

May 27, 2020Ascott Youtube Channel

"Staying In, Staying Safe" on YOUTUBE

September 17, 2019Ascott Youtube Channel

"Meet the faces of lyf" on YOUTUBE

September 17, 2019Ascott Youtube Channel

"Live in lyf" on YOUTUBE

September 17, 2019Ascott Youtube Channel

"Your friendly host" on YOUTUBE

Social Media

Ascott Headquarters

168 Robinson Road Capital Tower, Unit 30-01

Singapore, Other068912

65-6713-2888

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Ascott 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.

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