Citadines Abha by The Ascott Limited launches in KSA
The Ascott Limited (Ascott), one of the leading international lodging owner-operators, has launched its eighth property in the Kingdom of Saudi Arabia (KSA), Citadines Abha, in partnership with Almutlaq Real Estate Investment Co. Commenting on the partnership, Tariq Almutlaq, chairman of Almutlaq Real Estate Investment Co. (AREIC) stated: “AREIC is delighted to partner with Ascott on its journey in Saudi Arabia, offering the residents and visitors of Al Khobar an experience of world-class serviced living with exclusive amenities.”
Ascott re-opens refurbished 228-unit Somerset West Bay Doha
Owned by Katara Hospitality, Somerset West Bay Doha originally opened in 2008 with a total of 200 units comprising two- and three-bedroom apartments, and was primarily focused to cater to long-stay guests.
The Ascott Limited grows stronger in KSA byadding its seventh property
Ascott’s newest addition in the Middle East, Africa and Turkey portfolio marks the group’s 12th operational property in the region
The Ascott Limited debuts Citadines Al Ghubrah Muscat
The Ascott Limited’s Citadines Al Ghubrah Muscat features 96 units that range from studios to premier apartments.
Ascott signs ‘Somerset Al Mansoura Doha’, its second property in Qatar
Ascott continues to accelerate its worldwide expansion and aims to reach its global target of 160,000 units by 2023.
Five new Ascott properties slated to open this year in the region
In the coming year, Ascott will also mark its maiden venture into Morocco, introducing Citadines Racine Casablanca to the country’s largest city in H2 2021.
Ascott opens its sixth property in Saudi Arabia boasting 172 units
The 172-unit property is located on Prince Turki Street. Five five other propertoies are slated for the KSA this year. KSA properties by the end of 2020.
Two new appointments at Ascott Rafal Olaya Riyadh solidify its Saudization efforts
Ascott’s current KSA presence spans 12 properties and 1,624 units, of which five properties are in operation and six are in the pipeline.
Ascott announces senior management positions to boost its presence in the region
Ascott’s current portfolio includes 23 properties across 12 cities (pipeline and operating) within the MEA and Turkey region, totaling more than 3,300 units.
