The Ascott Group is the world's largest international serviced residence owner-operator with more than 15,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as about 6,000 units which are under development, making a total of over 21,000 units.
The Group operates three brands - Ascott, Somerset and Citadines. Its portfolio spans 57 cities in 22 countries, 13 of which are new cities in Ascott's portfolio where its serviced residences are being developed. Ascott's properties can be found in cities including London, Paris, Brussels, Berlin and Barcelona in Europe; Singapore, Bangkok, Hanoi, Kuala Lumpur, Tokyo, Seoul, Shanghai, Beijing and Hong Kong in Asia; Sydney and Melbourne in Australia, as well as Dubai and Manama in the Gulf region.
The Ascott Group is headquartered in Singapore. It pioneered Asia Pacific's first branded luxury serviced residence in 1984. It also established the world’s first pan-Asian serviced residence real estate investment trust, Ascott Residence Trust in 2006. Today, the Group boasts a 24-year industry track record and serviced residence brands that enjoy recognition worldwide.
The Ascott Group's achievements have been recognised internationally. Recent awards include TravelWeekly (Asia) Industry Awards 2008 'Best Serviced Residence (Group)', DestinAsian Readers' Choice Awards 2008 'Best Serviced Apartment/Residence Operator', Business Traveller UK Awards 2007 'Best Serviced Residence Company', and Business Traveller Asia Pacific Awards 2007 'Best Serviced Residence Brand' and 'Best Serviced Residence'.
The Ascott Group is a wholly-owned subsidiary of CapitaLand Limited, the largest listed real estate company in Southeast Asia by market capitalisation. Headquartered in Singapore, the multinational company's core businesses in real estate, hospitality and real estate financial services are focused in growth cities in Asia Pacific, Europe and the Gulf Co-operation Council (GCC) countries. The company's real estate and hospitality portfolio spans more than 110 cities in over 20 countries.
Products or Services:
ASCOTT THE RESIDENCE
Prestigious and luxurious, Ascott The Residence lavishes business travellers with excellent service in an exclusive environment. So you can relax and recharge, and function at peak performance.
SOMERSET SERVICED RESIDENCE
Warm and caring, Somerset is ideal for executives and their families looking for work-life balance. Enjoy a warm and stylish home with many recreational facilities and lifestyle activities.
CITADINES APART’HOTEL
Vibrant and flexible, Citadines is for individuals on the go. Just choose the services you want to suit your lifestyle and budget. And enjoy all the freedom to experience the city, your way.
