Ascott has signed two more serviced residences
in the vibrant port city of Jeddah, Saudi Arabia.
The 51-unit Citadines Sari Jeddah is
slated to open in 2015, while the 135-unit Somerset Corniche
Jeddah, the first Somerset-branded serviced residence in Saudi
Arabia, will open in 2016.
The new properties will strengthen Ascott’s
portfolio in Saudi Arabia to nearly 700 apartment units across
five serviced residences.
Mr Sym Lee, Ascott’s Head for the GCC, said, “Within Saudi Arabia, Jeddah has
emerged as one of the key business destinations, attracting a
steady flow of travellers who are there for projects, meetings and
conventions. The city is also a popular stopover destination for
Muslim pilgrims visiting the neighbouring holy cities of Makkah
and Medina. There is huge demand for international-quality
accommodation in Jeddah but supply is lacking. With Citadines Sari
Jeddah and Somerset Corniche Jeddah, discerning travellers can
expect spacious and stylishly-designed apartments that come
complete with amenities and personalised services, providing them
with an ideal home away from home.”
Citadines Sari Jeddah
Citadines Sari Jeddah is located
on Sari Road near the junction with King Abdulaziz Road. These are
two of Jeddah’s main arterial roads, which house multinational
companies such as Unilever and Saudi Hollandi Bank. Residents will
be able to enjoy convenient access to international boutiques,
restaurants and cafés nearby. The property is also right next to
Stars Avenue Mall, one of Jeddah’s most prominent and popular
Citadines Sari Jeddah will
offer studios, one and two-bedroom apartments that come with a
fully-equipped kitchen, separate work and living areas, as well as
Residents will be able to enjoy facilities such as a
residents’ lounge, restaurant and swimming pool.
Somerset Corniche Jeddah
Somerset Corniche Jeddah is located along the
city’s picturesque coastal area, just a street away from the Red
Sea and a 20-minute drive from the King Abdulaziz International
Airport. The property is close to Jeddah’s main business districts
in Tahlia and Al Khalidia, international schools such as American
International School and British International School and the King
Fahad Hospital. It is also within walking distance to parks,
restaurants and retail outlets along the coastal area, providing a
range of leisure options to residents and their families on short
or extended stays.
Guests will be able to choose from a mix of studios,
one-bedroom and two-bedroom apartments.
Somerset Corniche Jeddah’s facilities include a swimming pool,
fully-equipped gymnasium, residents’ lounge, children’s playroom
Besides Citadines Sari Jeddah and Somerset Corniche Jeddah, Ascott will manage the
125-unit Ascott Tahlia Jeddah and the 122-unit Citadines Al
Salamah Jeddah for the Group when the properties open in 2015.
In the GCC, Ascott is also scheduled to open
Ascott Olaya Riyadh, as well as its first properties in Oman,
Somerset Panorama Muscat and Sohar Garden Residences, in 2015.
Ascott currently manages Ascott Park Place Dubai, Ascott Doha,
Somerset West Bay Doha and Somerset Al Fateh Bahrain.
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