Ascott with contract awarded by Mipec

CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract to manage its third Citadines-branded serviced residence in Vietnam, Citadines Bayfront Nha Trang. Citadines Bayfront Nha Trang is expected to be operational from 4Q 2016.

The property will add another 280 apartment units to Ascott’s Vietnam portfolio, bringing its total in the country to nearly 3,000 units in 17 properties across Hanoi, Hai Phong, Danang, Ho Chi Minh City, Nha Trang and Binh Duong.

The management contract was awarded by Military Petrochemical Joint Stock Company (MIPEC), which has been established since 2003 through the joint venture of three companies, namely General Import and Export Van Xuan Corporation (wholly-owned by The Ministry of National Defense), Vietnam National Petroleum Group and Military Commercial Joint Stock Bank.

Mr Tony Soh, Ascott’s Chief Corporate Officer who oversees the company’s business and operations in Vietnam, said: “Citadines is one of our fastest growing brands globally. Since we fully acquired the Citadines Apart’hotel chain in 2004, we have more than doubled our Citadines portfolio from the initial 5,100 apartment units in 18 European cities to more than 14,000 units in over 50 cities across Asia Pacific, Europe and the Gulf region. Citadines’ impressive growth as a brand shows its compelling proposition of offering contemporary and stylishly furnished apartments with a flexible menu of services that allows individual travellers to personalise their stay experiences.”

Citadines Bayfront Nha Trang’s prominent location along the Tran Phu Street beside the Nha Trang Beach, along with the property’s cleverly-designed spaces, modern amenities and flexible services will make it the preferred accommodation for both leisure travellers and working executives in the city.

The other two Citadines properties, Citadines Regency Saigon and Citadines Central Binh Duong, will be ready in 2018.

Saigon New Day – Thanh Nien Publishing House

Từ khóa : Ascott,Citadines Bayfront Nha Trang