Ascott Clinches Six Awards Including Europe's Leading Serviced Apartment Brand At World Travel Awards

NEWS RELEASE

. September 13, 2016

SINGAPORE. September 13, 2016 - CapitaLand's wholly owned serviced residence business unit, The Ascott Limited (Ascott), has swept six accolades including Europe's Leading Serviced Apartment Brand at the World Travel Awards Europe 2016. Established since 1993, the World Travel Awards is considered to be the Oscars of the travel industry, acknowledging and celebrating excellence across all tourism sectors. Winners are voted by travellers and travel professionals worldwide.

Ascott was honoured in the following categories at the World Travel Awards Europe gala ceremony that brought together the key players of Europe's tourism industry:

•Europe's Leading Serviced Apartment Brand: Citadines Apart'hotel

•Belgium's Leading Serviced Apartments: Citadines Sainte-Catherine Brussels

•France's Leading Serviced Apartment Brand: Citadines Apart'hotel

•France's Leading Serviced Apartments: La Clef Tour Eiffel Paris

•Germany's Leading Serviced Apartment Brand: Citadines Apart'hotel

•Germany's Leading Serviced Apartments: Citadines Michel Hamburg

Mr Alfred Ong, Ascott's Managing Director for Europe, said: “We are very proud to receive the awards and be recognised as the leader in the serviced residence industry. Credit goes to our staff who worked hard to ensure the well-being of our guests and provide unique home-away-from-home experiences. These awards inspire us to go even further in delivering award-winning hospitality and the best stay experiences for all our valued customers.”

In Europe, Ascott's portfolio comprises 44 properties across 18 key cities in six countries - Belgium, France, Georgia, Germany, Spain and the United Kingdom.

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 17,000 units which are under development, making a total of more than 46,000 units in over 290 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 Europe; Business Traveller Middle East 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'; Business Traveller Asia-Pacific Awards 2015 for 'Best Serviced Residence Brand'; Business Traveller UK Awards 2015 for 'Best Serviced Apartment Company'; and Business Traveller China Awards 2015 for 'Best Serviced Residence Brand' and 'Best Serviced Residence'. For a full list of awards, please visit http://www.theascottlimited.com/en/aboutus/awards. Visit www.the-ascott.com for more information and connect with us on social media at www.the-ascott.com/connect.

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. Visit www.capitaland.com for more information. Issued by: The Ascott Limited Website: www.the-ascott.com 168 Robinson Road, #30-01 Capital Tower, Singapore 068912

For more information, please contact:
Joan Tan
Vice President
Group Communications
Email: [email protected]
Tel: (65) 6713 2864 Mobile: (65) 9743 9503

Jasmine Sim,
Senior Manager
Group Communications
Email: [email protected]
Tel: (65) 6713 2867 Mobile: (65) 9686 2859

Business Contact:

Joan Tan, Vice President, Group Communications| Jasmine Sim, Sen
T: (65) 9743 9503 | (65) 9686 2859
E: [email protected] | [email protected]

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