In the recent 3 months, Ascott has sealed new contracts for more than 3,700 units across 22 properties; of which 60% of the contracts are in China and 40% across the globe in various countries including Austria and Indonesia.
The contracts for 10 properties and over 1,600 new units outside of China are set to open between 2021 and 2024.
Ascott’s first property in Austria (Citadines Danube City Vienna) will open in the country’s capital in 2022. With this new addition, they now have 6,500 units in 54 properties in Europe.
Largest International Serviced Residence Owner-operator in China
Ascott announced on 15 October 2020 that it has secured more than 2,100 new units across 12 properties in China in the last three months, reinforcing its position as the largest international serviced residence owner-operator in China, with about 30,000 units in over 150 properties.