Ascott has secured a contract to manage a
229-unit premier serviced residence in Doha, its second property
in the capital city of Qatar.
The new serviced residence – Ascott
Doha – is scheduled to open in the second half of 2011.
The 24-floor Ascott Doha is located at the north end of Corniche Bay
and offers views of the Persian Gulf.
serviced residence is in the heart of Doha’s diplomatic district,
nestled among key ministry headquarters, embassies and consulates.
It is within walking distance to the City Centre Mall, one of
Qatar’s best known retail and entertainment destinations.
travelers staying at Ascott Doha will also enjoy easy access to
the city’s top MICE venues with the Doha Exhibition Centre just a
five-minute drive away and the upcoming Doha International
Conference and Exhibition Centre within walking distance.
will offer one, two and three-bedroom apartments to cater to
both short and long-stay travelers’ different lifestyle needs. Each apartment will come with a fully-equipped kitchen, en-suite
bathrooms, separate work and living areas as well as modern amenities.
Residents will also be able to unwind and enjoy facilities such as
two swimming pools, a Jacuzzi, a sauna and steam room, a gymnasium, a salon and a café.
Ronald Tay, Chief Investment Officer of The Ascott Limited, who
oversees Ascott’s business in the region, said, “Qatar offers tremendous potential for Ascott as it is one of the fastest
growing countries in the world due to its huge oil and gas
reserves. Its economy is set for double-digit growth this year
with further expansion expected over the coming years. Moreover,
Qatar has been aggressively promoting tourism and will be hosting
large-scale international events such as the 2022 FIFA World Cup.
Having a second serviced residence (first one being the Somerset
West Bay) in Doha will allow us to cater to the strong demand for
quality accommodation from the influx of business and leisure
travelers. Besides strengthening our presence in Qatar, Bahrain
and the United Arab Emirates, we continue to actively look for
opportunities in Kuwait, Oman and Saudi Arabia.”
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