Ascott Scoops Top Awards at Business Traveller UK Awards 2011

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The Ascott Limited has received top accolades at the Business Traveller UK Awards 2011 for the ‘Best Serviced Apartment Company’ category.

These awards are very important to us as they are widely recognised as the business travel industry’s benchmark for excellence, not least because they are voted for by Business Traveller readers.

The Ascott Limited (Ascott) has received top accolades at the Business Traveller UK Awards 2011 for the ‘Best Serviced Apartment Company’ category.

While Ascott The Residence took first place for the fifth consecutive year, the company’s Citadines Apart'hotel was placed second. The awards, presented by BBC Radio 4 journalist and TV presenter John Humphrys, were accepted on behalf of Ascott by Ms Rebecca Hollants van Loocke, the company’s regional general manager for UK.

Ms Hollants van Loocke said: “These awards are very important to us as they are widely recognised as the business travel industry’s benchmark for excellence, not least because they are voted for by Business Traveller readers. We are thrilled that our Ascott brand has continued to excel and are delighted with the clear endorsement for our recently-upgraded Citadines properties which has enabled Citadines Apart'hotel to be promoted from third place last year to second this year. We would like to thank travellers for their continued support and our entire team for their dedication and commitment to excellence.”

Ascott is on track to open six upgraded Citadines Prestige serviced residences: two in London and three in Paris were launched this year and Citadines Prestige Trafalgar Square London is slated to debut in early 2012. Ascott is also on target to achieve 40,000 apartment units by 2015, reinforcing its position as the worldwide leader in the serviced residence industry.

About The Ascott Limited

The Ascott Limited is the world’s largest international serviced residence owner-operator with over 22,000 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 more than 28,000 units.

The company operates three brands – Ascott, Citadines and Somerset. Its portfolio spans over 70 cities across 20 countries, 12 of which are new cities in Ascott’s portfolio where its serviced residences are being developed.

Ascott, a wholly-owned subsidiary of CapitaLand Limited, is headquartered in Singapore. It pioneered Asia Pacific’s first international-class serviced residence 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 27-year industry track record and serviced residence brands that enjoy recognition worldwide.

Recent awards include Business Traveller Asia-Pacific Awards 2011 ‘Best Serviced Residence Brand’ and ‘Best Serviced Residence in Asia-Pacific’, DestinAsian Readers’ Choice Awards 2011 ‘Best Serviced Residence in Asia Pacific’, TTG China Travel Awards 2011 ‘Best Serviced Residence Operator in China’, Business Traveller UK Awards 2011 ‘Best Serviced Apartment Company’ and TTG Travel Awards 2010 ‘Best Serviced Residence Operator’.

About CapitaLand Group

CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, the multi-local company’s core businesses in real estate, hospitality and real estate financial services are focused in growth cities in Asia Pacific and Europe.

The company’s real estate and hospitality portfolio, which includes homes, offices, shopping malls, serviced residences and mixed developments, spans more than 110 cities in over 20 countries. CapitaLand also leverages on its significant asset base, real estate domain knowledge, financial skills and extensive market network to develop real estate financial products and services in Singapore and the region.

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

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