18 Apr

Ascott Voted 'Best Serviced Residence Operator In China' By Readers Of TTG

For Immediate Release


Ascott Voted ‘Best Serviced Residence Operator In China’ By Readers Of TTG

Inaugural TTG China Travel Awards

Shanghai, 17 April 2008 – The Ascott Group (Ascott) has been chosen the 'Best Serviced Residence Operator in China' by readers of TTG Asia, TTG China, TTGmice and TTG-BTmice China.

The inaugural TTG China Travel Awards presented by TTG Publishing honours the most outstanding performers in China’s travel industry. The TTG China Travel Awards 2008 Ceremony and Gala Dinner was held in conjunction with the IT&CMA China and CT&TW China 2008 on 10 April in Shanghai.

Mr Richard Ong, The Ascott Group’s Senior Vice President, Operations for China, said: “We are very honoured to win this inaugural award by TTG China. This shows Ascott’s leading position in China, as is in the world. We will continue to strive to be the preferred accommodation brand for travellers in China.”

The TTG China Travel Award is the fourth award Ascott has won this year. The Group was awarded ‘The Best International Hotel Management Group of China’ (中国最佳国际酒店管理集团) in the 2007 China Hotel Starlight Awards (中国酒店星光奖). The Group’s Ascott Beijing and Ascott Shanghai Pudong residences also won ‘The Best International Apartment Type Hotel of China’ (中国最佳国际公寓酒店). 

The awards which The Ascott Group won in China last year were TravelWeekly China ‘Best Serviced Residence – Inbound’ and ‘Best Serviced Residence – Outbound’; Business Traveller China Awards ‘Best Serviced Residence Brand – Ascott’ and ‘Best Serviced Residence Brand - third position, Somerset’; Business Traveller Asia Pacific Awards ‘Best Serviced Residence - Ascott Shanghai Pudong’; Forbes China ‘China's Best Serviced Apartments - Ascott Beijing’; and ‘China's Best Serviced Apartments - Ascott Shanghai Pudong’ and ‘China's Best Serviced Apartments - Somerset Olympic Tower, Tianjin’.  Ascott also came in first in the ‘Top 100 Serviced Apartments Award’ by China Association of Real Estate, World Real Estate Academy, World Executive Weekly Magazine, The Wall Street Wire and China Consumer Report website.

The TTG China Travel Awards 2008, modelled after the flagship annual TTG Travel Awards, seeks to recognise China’s best performing travel and tourism organisations. The winners are chosen in a poll of industry professionals who are readers of TTG China, TTG-BTmice China, TTG Asia and TTGmice. There are a total of 39 awards in six categories in this year’s inaugural TTG China Travel Awards.

About The Ascott Group

The Ascott Group is the world's largest international serviced residence owner-operator with about 15,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 6,000 units which are under development, making a total of about 21,000 units.

The Group operates three brands – Ascott, Somerset and Citadines. Its portfolio spans 55 cities in 23 countries, 13 of which are new cities in Ascott's portfolio where its serviced residences are being developed.

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 DestinAsian Readers' Choice Awards 2008 'Best Serviced Apartment/Residence Operator', World Travel Awards 2007 'Australasia's Leading Hotel' and 'New Zealand's Leading Hotel', Business Traveller UK Awards 2007 'Best Serviced Residence Company', Business Traveller Asia Pacific Awards 2007 'Best Serviced Residence Brand' and 'Best Serviced Residence', and Forbes China 2008 ‘China’s Best Serviced Apartments’. For a full list of awards, please visit https://www.theascottgroup.com/aboutus/awards

The Ascott Group is the serviced residence arm of CapitaLand Limited, the largest 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 100 cities in over 20 countries.

For more information on The Ascott Group’s property listings, visit https://www.theascottgroup.com/aboutus/group_directory.html




Celina Low, Vice-President, Corporate Communications

Tel: (65) 6500 3399 

Hp: (65) 96825458 

Email: celina.low@the-ascott.com

Joan Tan, Senior Manager, Corporate Communications

Tel: (65) 6500 3401    

Hp: (65) 9743 9503    

Email: joan.tan@the-ascott.com

Lilian Goh, Head, Investor Relations

Tel: (65) 6586 7231  

Hp: (65) 9795 5225  

Email: lilian.goh@the-ascott.com