Ascott, the Singapore-based serviced apartment operator, has continued to expand its presence in Southeast Asia with the signing of agreements for seven new properties in four countries.
The company has boosted its portfolio in Bangkok, Hanoi and the Malaysian city of Petalingjaya, while also signing its first ever serviced residences in four Southeast Asian destinations: the.
Starwood Hotels & Resorts has signed an agreement to open its first luxury St Regis hotel in Jakarta.
Scheduled to open in 2019, the St Regis Jakarta and The Residences at the St Regis Jakarta will form part of a new mixed-use development in the Kuninganin area of South Jakarta.
The St Regis Jakarta will offer 280.