Dubai, United Arab Emirates, 4 May 2015 - CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott) was awarded the 'Best Serviced Apartment Company Middle East' at the recent 2015 Business Traveller Middle East awards. The Awards celebrate those who have excelled, showcasing companies at the forefront of business travel across the Middle East.
Business Traveller Middle East celebrates the best travel operators in the Middle East and worldwide.
Vincent Miccolis, Regional General Manager GCC, said "Winning the Business Traveller Middle East awards, recognises the unmatched offering that Ascott in the Middle East provides, a position we intend to strengthen with our coming growth in the region"
"This year we will open four properties across the GCC, Ascott Sari, Ascott Tahlia and Citadines Al Salamah in Jeddah Saudi Arabia and Somerset Panorama Muscat Oman. In the next two years Ascott Olaya Riyadh and Somerset Corniche Jeddah in Saudi Arabia, Ascott Culture Village Dubai, Citadines Culture Village Dubai in UAE and Somerset Maslak Istanbul in Turkey will be operational. This will strengthen Ascott's portfolio in the Gulf Co-operation Council (GCC) and Turkey to more than 2,150 apartment units across 14 properties in six countries - Bahrain, Qatar, Oman, Saudi Arabia, the UAE and Turkey" said Mr Miccolis.
"This accolade supports Ascott's achievements that have been regocnised internationally, with recent awards including World Travel Awards 2014 for 'Leading Serviced Apartment Brand' and 'Leading Serviced Apartments' in Belgium, France, Germany, Indonesia, the Philippines, Singapore, Thailand and Vietnam, Business Traveller Asia-Pacific Awards 2014 for 'Best Serviced Residence Brand' and 'Best Serviced Residence', Business Traveller UK Awards 2014 for 'Best Serviced Apartment Company', Business Traveller China Awards 2014 for 'Best Serviced Residence Brand' and 'Best Serviced Residence', TTG China Travel Awards 2015 for 'Best Serviced Residence Operator in China' and DestinAsian Readers' Choice Awards 2015 for 'Best Serviced Residence Brand'. Said Mr Miccolis
About The Ascott Limited
The Ascott Limited is a Singapore company that has grown to be the world's largest international serviced residence owner-operator. It has over 26,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 13,000 units which are under development, making a total of more than 39,000 units in over 200 properties.
The company operates three award-winning brands - Ascott, Citadines and Somerset. Its portfolio spans 90 cities across 25 countries, 22 of which are new cities in Ascott's portfolio where its serviced residences are being developed.
Ascott, a wholly-owned subsidiary of CapitaLand Limited, pioneered Asia Pacific's first international-class serviced residence with the opening of The Ascott Singapore in 1984. In 2006, it established the world's first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today, the company boasts over 30 years of industry track record and award-winning serviced residence brands that enjoy recognition worldwide.
Ascott's achievements have been recognised internationally. Recent awards include World Travel Awards 2014 for 'Leading Serviced Apartment Brand' and 'Leading Serviced Apartments' in Belgium, France, Germany, Indonesia, the Philippines, Singapore, Thailand and Vietnam, Business Traveller Asia-Pacific Awards 2014 for 'Best Serviced Residence Brand' and 'Best Serviced Residence', Business Traveller UK Awards 2014 for 'Best Serviced Apartment Company', Business Traveller China Awards 2014 for 'Best Serviced Residence Brand' and 'Best Serviced Residence', TTG China Travel Awards 2015 for 'Best Serviced Residence Operator in China' and DestinAsian Readers' Choice Awards 2015 for 'Best Serviced Residence Brand'.
Visit www.the-ascott.com for more information and connect with us on social media at www.the-ascott.com/connect.
About CapitaLand Limited
CapitaLand is one of Asia's largest real estate companies headquartered and listed in Singapore. The company leverages its significant asset base, design and development capabilities, active capital management strategies, extensive market network and operational capabilities to develop high-quality real estate products and services. Its diversified global real estate portfolio includes integrated developments, shopping malls, serviced residences, offices and homes. Its two core markets are Singapore and China, while Indonesia, Malaysia and Vietnam have been identified as new growth markets. The company also has one of the largest real estate fund management businesses with assets located in Asia.
CapitaLand's listed real estate investment trusts are Ascott Residence Trust, CapitaCommercial Trust, CapitaMall Trust, CapitaMalls Malaysia Trust and CapitaRetail China Trust.
Issued by: The Ascott Limited
Website: www.the-ascott.com
Park Place Tower, 701, Sheikh Zayed Road, PO Box 333497, Dubai, United Arab Emirates
For more information, please contact:
Mousa Nimer - Sr. Account Manager, ExtraCake PR
Tel: +971 4 447 43 44
Email: mousa@extracake.com
© Press Release 2015
