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97. Ascott Partners Yuexiu Property; Signs Two New Properties in Guangzhou
Ascott has entered into a strategic alliance with Yuexiu Property, one of the largest property developers in Guangzhou, to drive its expansion plans in China. Besides establishing a strategic alliance with Yuexiu Property, Ascott has separately secured contracts in Guangzhou to manage two more serviced residences named Citadines LiZhiWan Guangzhou and Somerset Riviera Guangzhou.
98. Ascott Expands Manila Portfolio with New Citadines
Ascott has signed a management contract for a new serviced residence in Ortigas Center, a key business and financial district in Metro Manila, Philippines. Scheduled to open in 2015, the 210-unit Citadines Millennium Ortigas Manila strengthens Ascott’s position in the Philippines with over 1,300 apartment units across seven properties.
99. Ascott Opens Citadines Islington London
Ascott has expanded its portfolio of hotels in England with the opening of the Citadines Islington London. The property was acquired in April 2016 through Ascott’s serviced residence global fund with the Qatar Investment Authority.
100. Ascott Expands Brand Portfolio with Tujia Somerset
Ascott has expanded its brand portfolio with Tujia Somerset, a new brand of serviced residences catered for the booming segment of middle class travellers in China. Ascott’s joint venture company with Tujia.com International (Tujia), one of China’s largest online apartment sharing platforms equivalent to Airbnb, has sealed contracts to manage six serviced residences to be operated
101. Ascott Opens Citadines Royal Bay Makassar in Indonesia
Ascott has opened its first property in Makassar, Indonesia. The 186-unit Citadines Royal Bay Makassar, Ascott’s eighth operational property in Indonesia, is a 30-minute drive from the Sultan Hasanuddin International Airport.
102. Ascott Signs Citadines in Kuta, Bali
Ascott Signs Citadines in Kuta, Bali. Ascott has expanded its presence into Bali, Indonesia, by clinching a contract to manage a 174-unit serviced residence in Kuta. To be named Citadines Bali Kuta, the serviced residence is scheduled to open in 2012.
103. Ascott Appoints Country General Manager for Thailand
Ascott has appointed Mr Jean Keijdener as its Country General Manager for Thailand. In his new role, Mr Keijdener will oversee the operations of Ascott’s nine properties in Thailand, and drive the growth of the company’s serviced residence business in the country.
104. Ascott Signs Two New Properties in Jeddah
Ascott has expanded the global portfolio of its Citadines brand with two new properties in Saudi Arabia. The 166-unit Citadines Tahlia Jeddah and the 136-unit Citadines Al Salamah Jeddah are expected to open in Q1 2014. The addition of the two new serviced residences will increase Ascott’s portfolio in the region to more than 1,500 serviced apartment units across nine properties in

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