openPR Logo
Press release

ASCOTT WINS SIX ACCOLADES AT WORLD TRAVEL AWARDS EUROPE 2018 INCLUDING EUROPE’S LEADING SERVICED APARTMENT BRAND FOR THIRD YEAR RUNNING

07-02-2018 03:38 PM CET | Industry, Real Estate & Construction

Press release from: CapitaLand Limited

Europe's Leading Serviced Apartments 2018: La Clef Tour Eiffel Paris

Europe's Leading Serviced Apartments 2018: La Clef Tour Eiffel Paris

Also crowned Europe’s Leading Serviced Apartments for the second consecutive year

Singapore, 2 July 2018 – The Ascott Limited (Ascott) has won a total of six awards at this year’s World Travel Awards for Europe, including the top accolade of Europe’s Leading Serviced Apartment Brand 2018 for its Citadines properties for the third year running, and Europe’s Leading Serviced Apartments for the second consecutive year. Ascott also won the Leading Serviced Apartments for Belgium and Germany for the sixth consecutive year, as well as that for Spain for the second time.

The annual event, held on Saturday 30th June in Athens, Greece, recognises leadership and excellence across all sectors of the global travel and tourism industry. Ascott, one of the world's leading international serviced residence owner-operators, has been accorded the following prestigious awards:

• Europe's Leading Serviced Apartment Brand 2018: Citadines Apart'hotel
• Germany's Leading Serviced Apartment Brand 2018: Citadines Apart'hotel
• Europe's Leading Serviced Apartments 2018: La Clef Tour Eiffel Paris
• Belgium's Leading Serviced Apartments 2018: Citadines Sainte-Catherine Brussels
• Germany’s Leading Serviced Apartments 2018: Citadines Arnulfpark Munich
• Spain's Leading Serviced Apartments 2018: Citadines Ramblas Barcelona

Mr Lee Ngor Houai, Ascott’s Deputy Managing Director for Europe, said: “We are honoured to be voted by travellers and industry peers worldwide to be the best brand with top quality serviced apartments across multiple years. These awards are a testament to the commitment, dedication and passion shown by our employees, both in Europe and further afield, in providing our guests with memorable experiences. We have also made significant investments to upgrade our properties and train our staff in delivering the Ascott hospitality. These accolades further motivate us to continue pushing the boundaries of excellence for our guests, wherever they choose to stay with us in the world.”

Ms Nancy Faure, Ascott’s Vice-President Sales & Marketing for Europe, had received the awards of behalf of the company.

In April 2018, Ascott was the biggest winner among the serviced residence companies at this year’s World Travel Awards Middle East Gala Ceremony. It clinched four top accolades including Middle East’s Leading Serviced Apartment Brand for the third consecutive year.

Issued by: The Ascott Limited Website: www.the-ascott.com
168 Robinson Road, #30-01 Capital Tower, Singapore 068912

For more information, please contact:

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

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 44,000 operating serviced residence units in key cities of the Americas, Asia Pacific, Europe, the Middle East and Africa, as well as about 30,000 units which are under development, making a total of more than 74,000 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 130 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 2018 for ‘Leading Serviced Apartment Brand’ in Europe and the Middle East; Business Traveller Middle East Awards 2018 for ‘Best Serviced Apartment Company’; DestinAsian Readers' Choice Awards 2018 for ‘Best Serviced Residence Brand’; TTG China Travel Awards 2018 for ‘Best Serviced Residence Operator in China’; World Travel Awards 2017 for ‘Leading Serviced Apartment Brand’ in Asia, Europe and the Middle East; Business Traveller Asia-Pacific Awards 2017 for ‘Best Serviced Residence Brand’; Business Traveller UK Awards 2017 for ‘Best Serviced Apartment Company’ and Business Traveller China Awards 2017 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 S$91 billion as at 31 March 2018, 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.

168 Robinson Road #30-01 Capital Tower

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release ASCOTT WINS SIX ACCOLADES AT WORLD TRAVEL AWARDS EUROPE 2018 INCLUDING EUROPE’S LEADING SERVICED APARTMENT BRAND FOR THIRD YEAR RUNNING here

News-ID: 1104738 • Views:

More Releases from CapitaLand Limited

Ascott Residence Trust Clinches Fourth Student Accommodation Asset With Acquisit …
Ascott Residence Trust (ART) will acquire a freehold 548-bed student accommodation asset, named Seven07 in Champaign, Illinois, USA for US$83.25 million[1] (S$112.4 million[2]). Seven07 serves about 56,000 undergraduate and graduate students from the nearby University of Illinois Urbana-Champaign (UIUC). The yield-accretive acquisition is set to increase ART’s pro forma FY 2020 Distribution per Stapled Security by approximately 1.2%[3]. The entry EBITDA[4] yield is expected to be about 4.5% and is
ASCOTT OPENS JAPAN’S FIRST LYF COLIVING PROPERTY IN THE VIBRANT FUKUOKA CITY
Singapore, 15 June 2021 – CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), will be opening lyf Tenjin Fukuoka, Ascott’s first lyf-branded coliving property in Japan on 16 June 2021. lyf Tenjin Fukuoka is the first of six lyf properties that are slated to open this year in Singapore, Hangzhou, Shanghai and Xi’an, as Ascott gears up to meet the strong demand by customers and property owners for
CapitaLand continues portfolio reconstitution strategy by divesting three retail malls in Japan and an office building in Korea for S$448.7 million
CapitaLand continues portfolio reconstitution strategy by divesting three retail …
CapitaLand has divested three retail malls in Japan and an office building in Korea for a total of S$448.7 million as part of its ongoing portfolio reconstitution strategy. The buyers are unrelated third parties. The agreed value of the properties was arrived on a willing-buyer and willing-seller basis. In Japan, CapitaLand has divested La Park Mizue and Vivit Minami-Funabashi in Greater Tokyo, as well as CO-OP Kobe
ASCOTT ACHIEVES RECORD HIGH SIGNINGS OF OVER 5,600 UNITS IN CHINA TO DATE DESPIT …
CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott) has secured more than 2,100 new units across 12 properties in China in the last three months. With these new units, Ascott has added a record high of more than 5,600 units across 26 properties, which represent a 60% year-on-year growth in units in China. Globally, Ascott has sealed new contracts for more than 3,700 units across 22 properties; about

All 4 Releases


More Releases for Serviced

Serviced Apartments in Liverpool - Helping Mitigate COVID-19
We are all trying to navigate difficult circumstances occasioned by the COVID-19 pandemic. One of the industries that has been hit most is the hospitality industry, but there is one alternative to hotels that is standing tall and has remained stable - the serviced apartment segment. Serviced apartments have also come up as a way to live a more managed lifestyle as has been necessitated by the pandemic, and they
The Advantages of Choosing a right Serviced Office.
When you ready to move premises, there area unit variety of things to think about. Although the chosen location ideally ought to suit the company's image, value is sometimes the determinative in wherever you progress to. With ancient workplace house rent value is barely one side - augment this the installation of phone lines, monthly line rental and web property and your prices can rise appreciably. any expensive investment includes article of
Serviced offices – are they the solution?
A serviced office is an office which is fully equipped and looked after by a facility management company, which leases out individual offices to different businesses. Serviced offices are generally found in the business districts of large cities around the world. An intermediary will often help building owners and management companies to let office space. Various clients are attracted to serviced office space for differing reasons. In many circumstances large companies
Servcorp Philippines Launches Serviced Offices’ Website
Servcorp Philippines has made its serviced offices website available online. Business owners can now concentrate on their work and let Servcorp handle office management. The company’s serviced office is fully furnished and comes with a dedicated receptionist, support services, and IT and communication equipment. (PRWEB) April 27, 2011 – Serviced and virtual office provider Servcorp has launched its serviced offices’ website for the Philippines. Considered as the pioneer of the virtual
Renewed Interest In City Serviced Apartments
A serviced apartment can be less expensive than equivalent hotel rooms. The boom in cheap international travel has pushed the interest in serviced apartments to new heights at the expense of the use of hotels. The term ‘serviced apartment’ is used when referring to an alternative for hotel accommodation for either short or long stay leisure and business traveler, and these apartments range from studio apartments to two or three
Melbourne Property Investors Embrace Docklands Serviced Apartments
A host of new opportunities are opening up for investors in Melbourne’s booming Docklands precinct, property investment services company Onyx announced today. In particular, serviced apartments are proving to be a particularly strong investment choice for investors wanting a better return on investment than is available from traditional residential properties. Serviced apartments can deliver a return that is 2-4% higher than that available from other property investment models. Current serviced