9 APRIL 2012

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Article from BTNews 9 APRIL 2012

Serviced apartments in China

Ascott has secured a contract to manage its initial serviced residence in Xiamen.  Set to open late 2012, the 169-unit Citadines Jinshang Road becomes the first internationally-branded serviced residence in Xiamen, Fujian Province.  This latest addition to Ascott’s portfolio reinforces the company’s leading position as the largest international serviced residence owner-operator in China with more than 8,000 apartment units in 42 properties across 17 cities.

Citadines Jinshang Road Xiamen is strategically located in the heart of Huli District and well-connected to the airport and seaport.  The serviced residence is next to the Huli government office and close to the Huli Economic Zone and high-tech district which houses 24 Fortune 500 companies.  A large Tesco supermarket is within walking distance and the nearby ‘bus rapid transit station’ provides quick, easy access to many destinations in Xiamen.

Once complete, Citadines Jinshang Road Xiamen will offer a range of spacious studio- to three-bedroom apartments catering to the different lifestyle needs of business and leisure travellers.  All apartments will come with a fully-equipped kitchen and separate work and sleeping areas.  Facilities within the serviced residence will include a gymnasium, business centre, conference room and breakfast lounge. www.the-ascott.com

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