Singapore-based luxury serviced residence company The Ascott Limited (Ascott) has opened the 229-unit Ascott Doha. (November 2012)

Part of CapitaLand, one of Asia’s largest real estate companies, Ascott has a network of 1000 serviced apartments across six properties in four countries in the GCC.

“We see strong demand for serviced residences in Qatar. Our first serviced residence in Qatar, Somerset West Bay Doha, has been achieving occupancy of over 80%. Ascott Doha heralds a new benchmark for luxury serviced residences and it is well-positioned to attract the growing number of expatriates and travellers arriving in the city,” said Vincent Wee, Ascott’s managing director for India and GCC.

“Ascott is a Singapore brand which has gained international repute for its quality properties worldwide and we welcome travellers to experience our new premier Ascott Doha.

Ascott has further plans for expansion in the GCC region, according to Wee.

Source: hoteliermiddleeast.com