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Heralded as ‘Leading Serviced Apartment Brand’ and ‘Best Serviced Residence Group’ in Asia amongst other highly acclaimed titles

(TRAVPR.COM) SINGAPORE - October 18th, 2016 - CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), received the top honours of ‘Leading Serviced Apartment Brand’ in Asia, Hong Kong, Indonesia and Vietnam at the prestigious 2016 World Travel Awards ceremony for Asia & Australasia. Voted by travellers and travel professionals globally, World Travel Awards is widely hailed as the Oscars of the travel industry, recognising the ultimate hallmark of quality.

Ascott also clinched the coveted ‘Best Serviced Residence Group’ at Travel Weekly Asia’s 2016 Readers Choice Awards. Honouring the finest in the travel industry, the awards were presented to outstanding companies for their first-class products, excellent service and their achievements that have helped boost the travel industry.

Mr Tony Soh, Ascott’s Chief Corporate Officer, said: “Being voted the number one serviced residence brand in Asia, and recently the leading brand in Europe and the Middle East, motivates us to further push the boundaries of excellence. We thank all our staff for their passion in caring for our guests to ensure they have an extraordinary experience, and for upholding Ascott’s reputation as a world class brand. We will continue to stay on top of industry trends, be it embracing technology, tailoring our customer experience and transforming our business model to place Ascott in an even stronger position for the years ahead.”

Ascott received accolades in the following categories:

World Travel Awards 2016
Asia's Leading Serviced Apartment Brand – The Ascott Limited
Hong Kong's Leading Serviced Apartment Brand – The Ascott Limited
Indonesia's Leading Serviced Apartment Brand – The Ascott Limited
Vietnam’s Leading Serviced Apartment Brand – Somerset Serviced Residence
Vietnam’s Leading Serviced Apartments – Somerset Grand Hanoi
Thailand's Leading Serviced Apartments – Ascott Sathorn Bangkok

Travel Weekly Asia 2016 Readers Choice Awards
Best Serviced Residence Group – The Ascott Limited

In its 23rd year, World Travel Awards is highly contested with many luminary players in the industry vying for top honours. Ascott was recently conferred the title of Middle East's ‘Leading Serviced Apartment Brand’; Ascott Park Place Dubai was named Dubai’s ‘Leading Serviced Apartments’ and Somerset West Bay Doha garnered Qatar's ‘Leading Serviced Apartments’.

Ascott also took home six accolades at the World Travel Awards ceremony for Europe last month, including ‘Leading Serviced Apartment Brand’ in Europe, France and Germany. La Clef Tour Eiffel Paris was bestowed France's ‘Leading Serviced Apartments’ while Citadines Michel Hamburg and Citadines Sainte-Catherine Brussels were awarded ‘Leading Serviced Apartments’ in Germany and Belgium respectively.

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 29,000 operating serviced residence units in key cities of the Americas, Asia Pacific, Europe and the Middle East, as well as over 18,000 units which are under development, making a total of more than 48,000 units in over 300 properties. The company operates three award-winning brands – Ascott, Citadines and Somerset. Its portfolio spans more than 100 cities across 27 countries.

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. Today, the company boasts over 30 years of industry track record and award-winning serviced residence brands that enjoy recognition worldwide.

Ascott’s achievements have been recognised internationally. Recent awards include World Travel Awards 2016 for ‘Leading Serviced Apartment Brand’ in Asia, Europe and the Middle East; Business Traveller Asia-Pacific Awards 2016 for ‘Best Serviced Residence Brand’; Business Traveller Middle East Awards 2016 for ‘Best Serviced Apartment Company’; Business Traveller UK Awards 2016 for ‘Best Serviced Apartment Company’; TTG China Travel Awards 2016 for ‘Best Serviced Residence Operator in China’; DestinAsian Readers’ Choice Awards 2016 for ‘Best Serviced Residence Brand’ and Business Traveller China Awards 2015 for ‘Best Serviced Residence Brand’ and ‘Best Serviced Residence’. For a full list of awards, please visit

About CapitaLand Limited

CapitaLand is one of Asia’s largest real estate companies headquartered and listed in Singapore. The company leverages its significant asset base, design and development capabilities, active capital management strategies, extensive market network and operational capabilities to develop high-quality real estate products and services. Its diversified global real estate portfolio includes integrated developments, shopping malls, serviced residences, offices and homes. Its two core markets are Singapore and China, while Indonesia, Malaysia and Vietnam have been identified as new growth markets. The company also has one of the largest real estate fund management businesses with assets located in Asia.

CapitaLand’s listed real estate investment trusts are CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.

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Issued by: The Ascott Limited


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Name: Joey Wong
Company: The Ascott Limited
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