30 Oct

Ascott Wins Middle East's Leading Serviced Apartment Brand At World Travel Awards For The Second Consecutive Year

Ascott’s strong brand reputation extends from Europe, Asia to the Middle East with a continuous streak of highly acclaimed award wins

Singapore, 30 October 2017 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has clinched three top accolades at the World Travel Awards - Middle East this year, including the highest honor of the Middle East’s Leading Serviced Apartment Brand for the second consecutive year.

Dubbed the Oscars of the travel industry, the awards recognises excellence across all sectors of the hospitality and tourism industry, with winners being voted by travellers and travel professionals worldwide.

Ascott, one of the world’s largest international serviced residence owner-operators, continued to be chosen the best for the second year running in the following categories:

Middle East's Leading Serviced Apartment Brand 2017: The Ascott Limited

KSA Leading Serviced Apartments Brand 2017: The Ascott Limited                     

Dubai’s Leading Serviced Apartments 2017: Ascott Park Place Dubai

Mr Vincent Miccolis, Ascott’s Country General Manager for the Middle East & Turkey, said: “Ascott has been crowned the Leading Serviced Apartment Brand in Europe, Asia and now the Middle East at the World Travel Awards, affirming our global leadership position. We have been ramping up Ascott’s presence across the Middle East while ensuring that we maintain an exceptionally high standard of service to make our guests feel at home. Besides securing two serviced residences in Ahba and Al Khobar this year, we also opened properties in Riyadh, Jeddah and our first property in Turkey. These awards are a testament to our team’s hard work and dedication towards improving customer experience, as well as our extensive capabilities in the serviced residence industry. We will continue to strive to uphold the high standards of excellence that the Ascott brand is well known for.”

The Middle East awards followed closely Ascott’s recent win as the Best Serviced Residence Group at Travel Weekly Asia’s 2017 Readers’ Choice Awards and Business Traveller UK’s Best Serviced Apartment Company.

Earlier this month, Ascott’s Citadines Apart’hotel brand was recognised with the acclaimed title of Europe’s Leading Serviced Apartment Brand at the World Travel Awards 2017 for the second year running, as well as five other awards for its Europe properties. In June this year, Ascott received 12 prestigious accolades at the World Travel Awards Asia & Australasia, including Asia’s Leading Serviced Apartment Brand.

This year, Ascott secured new contracts to manage Citadines Abha and Citadines Al Noor Al Khobar, boosting the company’s portfolio in the Middle East to 21 properties with over 2,900 units across 11 cities in Bahrain, Oman, Qatar, Saudi Arabia, Turkey and the United Arab Emirates. Ascott also opened three properties namely Ascott Rafal Olaya Riyadh, Spectrums Residence Jeddah, and its first property in Turkey Somerset Maslak Istanbul.

Seven more properties are slated to open in in the next two years - Ascott Culture Village Dubai, Ascott Makkah, Ascott Corniche Al Khobar, Ascott Villas Riyadh, Citadines Al Noor Al Khobar, Citadines Al Ghubrah Muscat, Somerset Corniche Jeddah and Sohar Garden Residences. Citadines Culture Village Dubai and Somerset Downtown Al Khobar, while Citadines Abha will open in 2020.

About The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be one of the leading international serviced residence owner-operators. It has over 43,000 operating serviced residence units in key cities of the Americas, Asia Pacific, Europe and the Middle East, as well as over 26,000 units which are under development, making a total of close to 70,000 units in over 500 properties. The company’s brands include Ascott, Citadines, Somerset, Quest, The Crest Collection, and lyf. Ascott’s portfolio spans more than 120 cities across over 30 countries.

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. Today, the company boasts over 30 years of industry track record and award-winning serviced residence brands that enjoy recognition worldwide.

Ascott’s achievements have been recognised internationally. Recent awards include World Travel Awards 2017 for ‘Leading Serviced Apartment Brand’ in Asia, Europe and the Middle East; DestinAsian Readers’ Choice Awards 2017 for ‘Best Serviced Residence Brand’; TTG China Travel Awards 2017 for ‘Best Serviced Residence Operator in China’; Business Traveller Asia-Pacific Awards 2017 for ‘Best Serviced Residence Brand’; Business Traveller UK Awards 2017 for ‘Best Serviced Apartment Company’; Business Traveller Middle East Awards 2016 for ‘Best Serviced Apartment Company’; and Business Traveller China Awards 2016 for ‘Best Serviced Residence Brand’. For a full list of awards, please visit www.the-ascott.com/ascottlimited/awards.html.

About CapitaLand Limited

CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, it is an owner and manager of a global portfolio worth more than S$80 billion as at 30 June 2017, comprising integrated developments, shopping malls, serviced residences, offices, homes, real estate investment trusts (REITs) and funds. Present across more than 150 cities in over 30 countries, the Group focuses on Singapore and China as core markets, while it continues to expand in markets such as Vietnam and Indonesia.  

CapitaLand’s competitive advantage is its significant asset base and extensive market network.  Coupled with extensive design, development and operational capabilities, the Group develops and manages high-quality real estate products and services. It also has one of the largest investment management businesses in Asia and a stable of five REITs listed in Singapore and Malaysia – CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.

Visit www.capitaland.com for more information.

Joan Tan, Vice President, Group Communications

Tel: (65) 6713 2864     

Mobile: (65) 9743 9503         

Email: joan.tanzm@capitaland.com


Chen MeiHui, Manager, Group Communications

Tel: (65) 6713 3673   

Mobile: (65) 8133 8334         

Email: chen.meihui@capitaland.com