The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment, is set to debut The Crest Collection — a global portfolio of charming bespoke hotels and serviced residences that integrates heritage stories with curated hospitality experiences, in Singapore, China and Vietnam. The Crest Collection will also continue to grow its current portfolio in France with the addition of its fifth property in Saint-Germain-des-Prés, Paris. To date, Ascott has secured over 1,000 units across eight properties under The Crest Collection. Ascott has more properties under the brand in the pipeline, in key travel destinations such as Jakarta, Bangkok, Tokyo, Osaka and London.
Splendid Hospitality expands portfolio with Mercure
Splendid Hospitality, one of the UK’s fastest growing privately-owned hospitality management companies, has expanded its portfolio with the new Mercure Dumfries Cargenholm House, due to open 5 December 2022. Located close to the historic market town of Dumfries yet surrounded by countryside, the hotel offers an idyllic getaway for a break in coastal Scotland.