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                    [Title] => Singapore-based Ascott group acquires Oakwood
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Ear-Spies reported that Singapore-based Ascott Group has bought the Oakwood Premier hotel in Makati for P2.7 billion. The Ascott Group is one of the largest operators of serviced apartments with three brands under its aegis — Ascott, Somerset and Citadines. The multi-awarded Ascott Group is said to be the largest international operator of serviced apartments outside of the United States. The new owners had given assurances that the Oakwood staff would be retained, much to the relief of the jittery employees.
                    [DatePublished] => 2006-12-12 00:00:00
                    [ColumnID] => 135728
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                    [AuthorID] => 1730160
                    [AuthorName] => S.A. Maguire
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COGRESSMAN EDUARDO GULLAS

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                    [Title] => Singapore-based Ascott group acquires Oakwood
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Ear-Spies reported that Singapore-based Ascott Group has bought the Oakwood Premier hotel in Makati for P2.7 billion. The Ascott Group is one of the largest operators of serviced apartments with three brands under its aegis — Ascott, Somerset and Citadines. The multi-awarded Ascott Group is said to be the largest international operator of serviced apartments outside of the United States. The new owners had given assurances that the Oakwood staff would be retained, much to the relief of the jittery employees.
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Singapore-based Ascott group acquires Oakwood

By S.A. Maguire | December 12, 2006 - 12:00am

Ear-Spies reported that Singapore-based Ascott Group has bought the Oakwood Premier hotel in Makati for P2.7 billion. The Ascott Group is one of the largest operators of serviced apartments with three brands...

Business