Ascott, one of the world’s largest international serviced residence owner-operator, has inked two major hotel deals - 51-unit Citadines Sari Jeddah and the 135-unit Somerset Corniche Jeddah, to boost its presence in Saudi Arabia.
Ascott, the wholly owned-serviced residence business unit of Singapore-based real estate group CapitaLand, is introducing its Citadines brand in the Gulf region with the launch of two new hotels in Saudi Arabia.
Starting in Jeddah
Ascott, a leading Singapore brand and the wholly owned-serviced residence business unit of CapitaLand, has opened its first premier serviced residence in Doha as part of its regional expansion strategy.
CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited, has expanded into Oman by securing a management contract for a 220-unit serviced residence in Muscat
To be named Somerset Panorama Muscat, the serviced residen
The Ascott Limited, one of the largest international serviced residence owner-operator, said it has won a contract to manage a 229-unit premier serviced residence in Doha, its second property in Qatar.
Ascott, a wholly-owned serviced resid