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CapitaLand’s wholly-owned serviced residence arm The Ascott Limited has been named as the ‘Best Serviced Apartment Company in the Middle East’ at the 2015 Business Traveller Middle East Awards, the company said in a press release.
Previously, the company was recognised at the 2015 TTG China Travel Awards for ‘Best Serviced Residence Operator in China’. It also bagged the ‘Best Serviced Residence Brand’ in the 2015 DestinAsian Readers’ Choice Awards.
“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,” said Ascott’s Regional General Manager Vincent Miccolis.
The group also received recognition as the ‘Best Serviced Residence Brand’ and ‘Best Serviced Residence’ in the Asia-Pacific leg of the awards last year.
Looking ahead, the Ascott plans to open four properties across the GCC, namely Ascott Sari, Ascott Tahlia and Citadines Al Salamah in Jeddah Saudi Arabia, along with 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,” Miccolis added.
Among the world’s biggest international serviced residence owner-operator, the Ascott has more than 26,000 serviced residence units in key cities across Asia Pacific, Europe and the Gulf region. With over 13,000 units are under construction, the company has a total of more than 39,000 units in over 200 properties.
Nikki De Guzman, Editor at CommercialGuru, wrote this story. To contact her about this or other stories email nikki@propertyguru.com.sg
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