About

The Ascott Limited is a lodging owner-operator headquartered in Singapore, operating as a wholly owned subsidiary of CapitaLand Investment. The company is one of the largest international serviced residence owner-operators, with a portfolio spanning over 900 properties across more than 200 cities in approximately 40 countries as of recent company reporting.

Ascott operates multiple brands across different market segments. Its luxury and upscale brands include Ascott The Residence, a premium serviced apartment brand offering spacious residences with full kitchens, living and dining areas, and hotel-grade amenities; Somerset, which provides serviced residences for extended-stay guests; and lyf, a coliving concept targeting millennial and Gen Z travelers. The company also manages Oakwood-branded properties following its acquisition of Oakwood Worldwide in 2022, as well as Citadines, Quest, and The Crest Collection.

Ascott The Residence, the flagship brand, positions itself at the top of the serviced apartment market, with properties in prime locations in cities such as London, Singapore, Jakarta, Kuala Lumpur, and various Chinese and Middle Eastern cities. Apartments are designed for comfort during extended business travel or relocation, featuring full-size kitchens, separate living spaces, and services such as housekeeping, concierge, fitness centers, swimming pools, and business centers.

The company manages properties under ownership, management contract, and franchise models. Ascott Star Rewards is the company's loyalty program. CapitaLand Investment, the parent company, is listed on the Singapore Exchange. Rates vary by location, brand, and apartment size, with the premium Ascott brand commanding higher nightly rates than the company's mid-scale offerings.

Serviced Residences

The Ascott Limited is one of the largest international serviced residence operators, with over 900 properties across approximately 40 countries. The flagship Ascott The Residence brand offers premium serviced apartments with full kitchens, living areas, concierge services, and hotel-grade amenities in prime city locations. The portfolio also includes Somerset, Citadines, Oakwood, and lyf brands across various market segments.

Brand Details

Brand Tier Premium Luxury
Price Range $150 - $1,500+/night
Founded 1984
Headquarters Singapore
Parent Company CapitaLand Investment
4.4 1 vote

AI Reviews

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4.4 /5
The Ascott Limited stands as a distinguished pioneer in the serviced residence sector, having cultivated four decades of expertise since its 1984 founding in Singapore. As the hospitality arm of CapitaLand Investment, the brand commands an impressive global portfolio spanning over 200 cities, offering discerning travelers the rare combination of hotel sophistication and residential comfort. Their tiered brand architecture"from the flagship Ascott to the contemporary Citadines and business-focused Somerset"demonstrates strategic market segmentation that caters to varied luxury sensibilities. The properties consistently deliver spacious accommodations with full kitchens, making them particularly appealing for extended stays. While the experience can vary across locations given the portfolio's breadth, the brand maintains commendable standards in prime urban destinations. The pricing structure offers genuine value within the premium luxury segment, though some properties would benefit from more contemporary design refreshes. For the sophisticated traveler seeking home-like refinement without sacrificing service excellence, Ascott remains a thoroughly reliable choice.

Category Ratings

Serviced Residences
4.4
Feb 12, 2026
AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more
The Ascott Limited Screenshot

Price: From $150/night

Added: Feb 12, 2026

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