02 Sep

Ascott's Somerset Serviced Residences In Vietnam Win The Guide Award For Excellent Performance For The 10th Consecutive Year

Vietnam, 30 August 2013 – CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has been conferred the Guide Award for Excellent Performance for its Somerset brand of serviced residences in Vietnam. The Guide Award is given to providers of the best products and services for travellers, diners and shoppers in Vietnam. This is the 10th consecutive year that Ascott has won this award.

The Guide Award is presented by The Guide magazine, a leading Vietnamese travel and hospitality magazine. Winners of the annual Guide Award are first nominated by readers of The Guide magazine and subsequently selected by the executive board of the magazine in consultation with representatives from the Ministry of Culture, Sports and Tourism as well as experts from the travel, hospitality, food and beverage and retail sectors.

Mr Graham Black, Ascott’s Country General Manager for Vietnam, said: “It is an honour to be recognised 10 years in a row by readers of The Guide magazine and industry experts to be the best serviced accommodation provider in Vietnam. At Ascott, we take pride in creating memorable stay experiences for our residents through our unique LIFE approach – providing a Local touch; respecting our guest’s Individuality; offering the Feeling of home; and Exceeding expectations. This award attests to our service excellence and affirms the strong brand reputation we have built up in Vietnam for nearly two decades.”

Ascott is the largest international serviced residence owner-operator in Vietnam with more than 1,800 apartment units across 12 properties. In Hanoi, Ascott currently operates Somerset Grand Hanoi, Somerset Hoa Binh and Somerset West Lake. In Ho Chi Minh City, Ascott operates Somerset Chancellor Court, Somerset Ho Chi Minh City, Somerset Vista and Vista Residences. Ascott will be opening more properties in Vietnam. It will open Diamond Island Luxury Residences later this year and its first property in Hai Phong – Somerset Central TD Hai Phong City in 2014. In 2015, Ascott will open its first property in Danang – Somerset Danang Bay as well as Diamond Island Luxury Serviced Residences, and in 2016, the company will open Somerset West Central Hanoi.

Ideal for business executives who are relocating or travelling with their families, Somerset serviced residences offer well-appointed apartments ranging from studio to four-bedroom units and penthouses. The apartments feature spacious living room, fully-equipped kitchen and modern amenities such as washing machine, dryer, cable television, DVD player and complimentary Internet access, allowing residents to simply move in without having to worry about the hassles of moving into a new home. There are also recreational facilities such as swimming pools, tennis courts and playgrounds, 24-hour security and comprehensive services provided.

Besides Somerset serviced residences, Ascott manages two other brands of serviced residences globally. Its flagship Ascott The Residence offers top business executives discreet services in an exclusive environment. Its Citadines Apart’hotel caters to independent travellers who want quality accommodation and the flexibility to pay for the services they require. For more information, please visit www.the-ascott.com.

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 more than 22,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 10,000 units which are under development, making a total of more than 33,000 units in over 200 properties.

The company operates three brands – Ascott, Citadines and Somerset. Its portfolio spans 81 cities across more than 20 countries, 20 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 a 29-year industry track record and award-winning serviced residence brands that enjoy recognition worldwide.

Ascott’s achievements have been recognised internationally. Recent awards include DestinAsian Readers’ Choice Awards 2013 for ‘Best Serviced Apartment/Residence Operator’, TTG China Travel Awards 2013 for ‘Best Serviced Residence Operator in China’, TTG Travel Awards 2012 for ‘Best Serviced Residence Operator’, Business Traveller Asia-Pacific Awards 2012 for ‘Best Serviced Residence Brand’ and ‘Best Serviced Residence in Asia-Pacific’, and Business Traveller UK Awards 2012 for ‘Best Serviced Apartment Company’.

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’s businesses in real estate and real estate fund management are focused on its core markets of Singapore and China.

The company’s diversified real estate portfolio primarily includes homes, offices, shopping malls, serviced residences and mixed developments. The company also has one of the largest real estate fund management businesses with assets located in Asia. CapitaLand leverages its significant asset base, real estate domain knowledge, product design and development capabilities, active capital management strategies and extensive market network to develop real estate products and services in its markets.

The listed entities of the CapitaLand Group include Australand, CapitaMalls Asia, Ascott Residence Trust, CapitaCommercial Trust, CapitaMall Trust, CapitaMalls Malaysia Trust, CapitaRetail China Trust and Quill Capita Trust.


Joan Tan, Assistant Vice President, Corporate Communications

Tel: (65) 6823 3280    

Mobile: (65) 9743 9503    

Email: joan.tanzm@capitaland.com


Jasmine Sim, Manager, Corporate Communications

Tel: (65) 6823 3249    

Mobile: (65) 9686 2859    

Email: jasmine.sim@capitaland.com