New Serviced Apartments To Be Opened in 2015 – The Ascott Limited Expands Its Portfolio

Offering travellers fully-serviced accommodation options in a wide range of destinations, The Ascott Limited is set to launch a range of new apartment hotels during 2015. The largest international serviced residence owner-operator in the world, this reputed brand is made up of three distinct sub-brands namely Ascott The Residence, Citadines Apart’hotel and Somerset Serviced Residence. Amongst the properties opening in 2015 is Somerset Wangjing Beijing ideally situated within Chaoyang District’s Wangjing business area that is home to major multinational companies and Somerset IOC Hangzhou which will be a part of the mixed development project known as the Hangzhou International Office Centre in the Xiaoshan District. During the third quarter of the year, Somerset Panorama Muscat is set to launch in the Bawsha commercial district, while fourth quarter openings are scheduled for Ascott Olaya Riyadh, Ascott Central Wuxi, Ascott TEDA MSD Tianjin and Somerset Medini Nusajaya.