We see strong demand for serviced residences in Qatar. Qatar, one of the fastest growing economies in the world, continues to attract significant foreign direct investments.
Singapore (PRWEB) December 08, 2012
CapitaLand’s wholly owned-serviced residence business unit, The Ascott Limited (Ascott), has opened its first premier serviced residence in Qatar, Ascott Doha. With the 229-unit Ascott Doha, Ascott has a network of over 1,000 apartment units across six properties in four countries in the Gulf region.
At Ascott Doha, discerning travellers can experience an exclusive and luxurious stay within the elegantly designed apartments, complemented by personalised services and comprehensive recreation and business facilities. The serviced residence is located in the diplomatic centre of the city and at the north end of the Corniche waterfront promenade, fronting Doha Bay, offering stunning vistas of the Arabian coast and easy access to City Centre Mall, Qatar’s best known retail and entertainment spot. Business travellers staying at the property will find themselves a stone’s throw away from the Doha Exhibition Centre and a 10-minute drive from the city’s business and financial district.
Mr Vincent Wee, Ascott’s Managing Director for India and Gulf Co-operation Council (GCC), said: “We see strong demand for serviced residences in Qatar. Qatar, one of the fastest growing economies in the world, continues to attract significant foreign direct investments. It is also a host to major international events such as the 2022 FIFA World Cup. Our first serviced residence in Qatar, Somerset West Bay Doha (http://www.somerset.com/qatar/doha/somerset_west_bay.html), has been achieving occupancy of over 80%. Ascott Doha heralds a new benchmark for luxury serviced residences and it is well-positioned to attract the growing number of expatriates and travellers arriving in the city.”
“Ascott is a Singapore brand which has gained international repute for its quality properties worldwide and we welcome travellers to experience our new premier Ascott Doha. We will also open our properties in Oman, Somerset Panorama Muscat and Sohar Garden Residences, over the next 24 months. To expand our presence in the GCC, we will continue to establish new partnerships with property owners in Qatar, Bahrain, UAE, Oman and Saudi Arabia,” added Mr Wee.
Ideal for guests on relocation, a business or leisure trip, Ascott Doha offers guests a range of spacious studio, one, two and three-bedroom apartments to suit their lifestyle needs. Each apartment comes with a fully-equipped kitchen, en-suite bathrooms, separate dining and living areas as well as modern amenities such as a home entertainment system, complimentary wireless Internet access and iPod docking station.
To relax, guests can choose from an indoor or a rooftop temperature-controlled pool, a fully-equipped gymnasium, jacuzzi, sauna and steam rooms. Ascott Doha also provides business travellers with business centre services, meeting rooms and WiFi access. Guests can purchase groceries at the property’s mini-mart and cook within the comfort of their apartment or simply visit the restaurant and café located at Ascott Doha for a satisfying meal.
Besides Ascott Doha and Somerset West Bay Doha, Ascott also manages Ascott Park Place in Dubai and Somerset Al Fateh in Bahrain.
To celebrate the opening of Ascott Doha, Ascott is offering special introductory rates from QAR 850 per night. Promotion ends on the 30th December 2012 and is subject to availability. Attractive promotional packages are also available for yearly stays. For reservations and more information on Ascott Doha, please visit http://www.the-ascott.com/qatar/doha/ascott_doha.html, call (974) 4497 1234 or email enquiry.doha(at)the-ascott(dot)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 over 22,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 8,000 units which are under development, making a total of more than 30,000 units.
The company operates three brands – Ascott, Citadines and Somerset. Its portfolio spans over 70 cities across more than 20 countries, 14 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 28-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 2012 for ‘Best Serviced Apartment’, TTG Travel Awards 2012 for ‘Best Serviced Residence Operator’, TTG China Travel Awards 2012 for ‘Best Serviced Residence Operator in China’, 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’.
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.