Ascott has secured a contract to manage its
first Citadines Apartíhotel in Hangzhou.
Scheduled to open in late 2014, the
100-unit Citadines Intime City Hangzhou will be Ascottís 11th
Citadines Apartíhotel in China.
The serviced residence will further
reinforce Ascottís leadership position as one of the largest
international serviced residence owner-operators in China with
about 9,300 apartment units in 52 properties across 20 cities.
Citadines Intime City Hangzhou is
located in the core area of West Hangzhou, close to three major
central business districts in Hangzhou.
The serviced residence is
part of the 400,000 square metre landmark Intime City, one of the
largest mixed developments in Hangzhou which comprises five Grade
A office towers and a shopping mall.
It is near restaurants,
supermarkets, banks, several high-tech parks and attractions such
as the Beijing-Hangzhou Grand Canal and Hangzhou Xixi National
Wetland Park. Zhejiang University, Zhejiang Gongshang University,
Zhejiang University Hospital and Xinhua Hospital are within a
10-minute drive away. Residents will be able to enjoy convenient access to
various destinations in Hangzhou via the upcoming Metro Line 2 and
Offering residents the feeling of home,
Citadines Intime City Hangzhou will provide spacious studio, one
and two-bedroom apartments with a fully-equipped kitchen and
separate working and sleeping areas.
Residents will be able to enjoy
comprehensive facilities including a business centre, meeting
room, laundry room, gymnasium, sauna, as well as breakfast and
Mr Kevin Goh, Ascottís Managing Director for
North Asia, said, ďWith a fast growing demand for
serviced residences in Hangzhou, we are confident that Citadines Intime City Hangzhou will perform well. As the capital city of
Zhejiang Province, Hangzhouís economy and foreign direct
investment grew respectively by an average of more than 10% and
12% annually in the last five years. Hangzhou also attracted more
than 80 million business and leisure travellers in 2012. Besides
Citadines Intime City Hangzhou, our premier Ascott Raffles City
Hangzhou will offer top business executives exclusive living and
discreet services when it opens in 2015.Ē
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