{"id":127355,"date":"2022-07-04T15:47:53","date_gmt":"2022-07-04T13:47:53","guid":{"rendered":"https:\/\/www.voyages-d-affaires.com\/?p=127355"},"modified":"2023-03-03T14:47:59","modified_gmt":"2023-03-03T13:47:59","slug":"oakwood-buyout-ascott","status":"publish","type":"post","link":"https:\/\/www.voyages-d-affaires.com\/en\/oakwood-buyout-ascott","title":{"rendered":"Ascott acquires Oakwood"},"content":{"rendered":"

Committed to sustained organic growth, the Group is Ascott goes through the buyout process from time to time to accelerate its expansion<\/strong>. This was the case in the early 2000s with the Citadines brand, further strengthening its presence in Europe. At the end of the last decade, it was the turn of Indonesian hotelier Tauzia and Australian long-stay specialist Quest Apartment Hotels to join the Singapore group. While the former has enabled the long-stay specialist to diversify into mid-range business hotels, the latter has increased its presence 'down under' while strengthening its franchise development model.<\/p>\n\n\n\n