[Sponsored Report] Renowned quality at The Ascott Limited

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[Sponsored Report] Renowned quality at 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 operates over 26,000 serviced residences in key cities in the Americas, Asia Pacific, Europe and Gulf regions. Over 15,000 units are currently under development, marking a total of more than 42,000 residences in over 270 properties.

The company’s three award-winning brands . Ascott, Citadines, and Somerset . are spread across 94 cities in 26 countries. Ascott properties can be found all over the world, including London, Paris, Brussels, Berlin and Barcelona in Europe; Singapore, Bangkok, Hanoi, Kuala Lumpur, Tokyo, Seoul, Shanghai, Beijing and Hong Kong in Asia; Melbourne and Perth in Australia; Bangalore and Chennai in India; and Dubai, Doha and Manama in the Gulf region.

Ascott serves business travelers with discreet service. Located in the major business districts of key cities across the Americas, Asia Pacific, Europe and Gulf regions, Ascott aims to support guests to balance business affairs and relaxation during their stay by providing high-quality, highly personal service.

Citadines Apart’hotel targets savvy travelers by offering personalized conveniences. A calm oasis in bustling metropolises, every Citadines branch is prepared with a range of services and amenities from which each client can select according to their needs. A mixture of urban comfort, business connectivity and customized services is the experience Citadines strives to provide for its customers.

Somerset Serviced Residence surrounds visitors with home-like warmth, elegant amenities and local experiences. Feeling the excitement of major cities, the classiness of high-brow estates or the tranquility of a private getaway are all options for travelers at different Somerset Serviced Residence branches. Whether clients are looking for excitement or relaxation, every Somerset Residence awaits guests with modern amenities, stylish spaces and attentive service, aiming to present comfort, convenience and cultural charm all at the same time.
Ascott, a wholly owned subsidiary of CapitaLand Limited, pioneered Asia Pacific’s first international-class serviced residence in 1984 with the opening of The Ascott Singapore. In 2006, it established Ascott Residence Trust, the world’s first Pan-Asian serviced residence real estate investment trust. Today, the company has over 30 years of experience in the industry and operates globally recognized, award-winning serviced residences.

Ascott’s achievements have been internationally approved by international awards. Among recent awards are: World Travel Awards 2015 for ‘Leading Serviced Apartment Brand’ and ‘Leading Serviced Apartments’ in Belgium, France, Germany and Spain, Business Traveller Middle East Awards 2015 for ‘Best Serviced Apartment Company Middle East’, Business Traveller Asia-Pacific Awards 2015 for ‘Best Serviced Residence Brand’, 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’.

CapitaLand, Ascott’s parent company headquartered in Singapore, is one of Asia’s largest real estate companies. The company leverages its asset base, design and development capabilities, active capital management strategies and extensive market network to develop high-quality real estate products and services.

Its diversified global real estate portfolio includes integrated developments, shopping malls, serviced residences, offices and houses. Its core markets are Singapore and China, while Indonesia, Malaysia and Vietnam are being developed as new growth markets. The company also has one of the largest real estate fund management business with assets located in Asia.

CapitaLand’s listed real estate investment trusts are Ascott Residence Trust, CapitaLand Commercial Trust, CapitaLand Mall Trust, CapitaLand Retail China Trust and CapitaMalls Malaysia Trust.

By Song Kyoungson [song.kyoungson@joongang.co.kr]

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